2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 600,000 600,000 600,000 xbrli:pure xbrli:shares iso4217:GBP 08678112 2023-10-01 2024-09-30 08678112 2024-09-30 08678112 2023-09-30 08678112 2022-10-01 2023-09-30 08678112 2023-09-30 08678112 2022-09-30 08678112 bus:Director1 2023-10-01 2024-09-30 08678112 core:WithinOneYear 2024-09-30 08678112 core:WithinOneYear 2023-09-30 08678112 core:ShareCapital 2024-09-30 08678112 core:ShareCapital 2023-09-30 08678112 core:RetainedEarningsAccumulatedLosses 2024-09-30 08678112 core:RetainedEarningsAccumulatedLosses 2023-09-30 08678112 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 08678112 core:Non-currentFinancialInstruments 2024-09-30 08678112 core:Non-currentFinancialInstruments 2023-09-30 08678112 bus:Director1 2022-09-30 08678112 bus:Director1 2022-10-01 2023-09-30 08678112 bus:SmallEntities 2023-10-01 2024-09-30 08678112 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08678112 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08678112 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08678112 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 08678112
KIM Software Limited
Filleted Unaudited Financial Statements
30 September 2024
KIM Software Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
Fixed assets
Investments
4
600,000
600,000
Current assets
Cash at bank and in hand
131
131
Creditors: amounts falling due within one year
5
69,203
42,187
----------
----------
Net current liabilities
69,072
42,056
-----------
-----------
Total assets less current liabilities
530,928
557,944
-----------
-----------
Capital and reserves
Called up share capital
320,000
320,000
Profit and loss account
210,928
237,944
-----------
-----------
Shareholders funds
530,928
557,944
-----------
-----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
KIM Software Limited
Statement of Financial Position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 26 June 2025 , and are signed on behalf of the board by:
I Wimbush
Director
Company registration number: 08678112
KIM Software Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Castle Business Village, Station Road, Hampton, TW12 2BX, England.
2. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity has taken advantage of the disclosure exemptions available to small entities, including the exemption from preparing a cash flow statement.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
3. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
The only staff members were the directors.
4. Investments
Shares in group undertakings
£
Cost
At 1 October 2023 and 30 September 2024
600,000
-----------
Impairment
At 1 October 2023 and 30 September 2024
-----------
Carrying amount
At 30 September 2024
600,000
-----------
At 30 September 2023
600,000
-----------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
69,203
42,187
----------
----------
6. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
I Wimbush
-----
-----
-----
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
I Wimbush
40,891
( 40,891)
----------
----------
-----
7. Controlling party
The company was under the control of Kim Software Trustees Limited , trustee of the employee ownership trust.