Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 July 2024 31 July 2024 12507457 Mr Daniel Duffield Mr Jeremy Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12507457 2023-03-31 12507457 2024-07-31 12507457 2023-04-01 2024-07-31 12507457 frs-core:CurrentFinancialInstruments 2024-07-31 12507457 frs-core:Non-currentFinancialInstruments 2024-07-31 12507457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 12507457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-07-31 12507457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 12507457 frs-core:ShareCapital 2024-07-31 12507457 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12507457 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-07-31 12507457 frs-bus:FilletedAccounts 2023-04-01 2024-07-31 12507457 frs-bus:SmallEntities 2023-04-01 2024-07-31 12507457 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-07-31 12507457 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-07-31 12507457 frs-core:UnlistedNon-exchangeTraded 2024-07-31 12507457 frs-core:UnlistedNon-exchangeTraded 2023-03-31 12507457 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 12507457 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 12507457 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 12507457 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 12507457 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 12507457 frs-bus:Director1 2023-04-01 2024-07-31 12507457 frs-bus:Director2 2023-04-01 2024-07-31 12507457 frs-countries:EnglandWales 2023-04-01 2024-07-31 12507457 2022-03-31 12507457 2023-03-31 12507457 2022-04-01 2023-03-31 12507457 frs-core:CurrentFinancialInstruments 2023-03-31 12507457 frs-core:Non-currentFinancialInstruments 2023-03-31 12507457 frs-core:ShareCapital 2023-03-31 12507457 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12507457
Kove Properties Holdings Ltd
Unaudited Financial Statements
For the Period 1 April 2023 to 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12507457
31 July 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 640,919 669,123
Investments 5 100 -
641,019 669,123
CURRENT ASSETS
Debtors 6 128,757 262,763
Cash at bank and in hand 3,596 50,719
132,353 313,482
Creditors: Amounts Falling Due Within One Year 7 (164,091 ) (181,757 )
NET CURRENT ASSETS (LIABILITIES) (31,738 ) 131,725
TOTAL ASSETS LESS CURRENT LIABILITIES 609,281 800,848
Creditors: Amounts Falling Due After More Than One Year 8 (637,739 ) (789,134 )
NET (LIABILITIES)/ASSETS (28,458 ) 11,714
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (28,460 ) 11,712
SHAREHOLDERS' FUNDS (28,458) 11,714
Page 1
Page 2
For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jeremy Wood
Director
1 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kove Properties Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12507457 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold not depreciated
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 669,123
Additions 181,000
Disposals (209,204 )
As at 31 July 2024 640,919
Net Book Value
As at 31 July 2024 640,919
As at 1 April 2023 669,123
5. Investments
Unlisted
£
Cost
As at 1 April 2023 -
Additions 100
As at 31 July 2024 100
Provision
As at 1 April 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 100
As at 1 April 2023 -
6. Debtors
31 July 2024 31 March 2023
£ £
Due within one year
Trade debtors 620 580
Other debtors 2 2
Amounts owed by associates 128,135 262,181
128,757 262,763
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 March 2023
£ £
Directors' loan accounts 164,091 181,757
8. Creditors: Amounts Falling Due After More Than One Year
31 July 2024 31 March 2023
£ £
Bank loans 637,739 789,134
9. Share Capital
31 July 2024 31 March 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
31 July 2024 31 March 2023
£ £
Mr Jeremy Wood - 17,430
Mr Daniel Duffield - 17,430
11. Dividends
31 July 2024 31 March 2023
£ £
On equity shares:
Interim dividend paid - 34,860
Page 5