Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05602900 C L Ramanathan S Ramanathan S Ramanathan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05602900 2023-10-31 05602900 2024-10-31 05602900 2023-11-01 2024-10-31 05602900 frs-core:CurrentFinancialInstruments 2024-10-31 05602900 frs-core:Non-currentFinancialInstruments 2024-10-31 05602900 frs-core:BetweenOneFiveYears 2024-10-31 05602900 frs-core:ComputerEquipment 2024-10-31 05602900 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05602900 frs-core:ComputerEquipment 2023-10-31 05602900 frs-core:FurnitureFittings 2024-10-31 05602900 frs-core:FurnitureFittings 2023-11-01 2024-10-31 05602900 frs-core:FurnitureFittings 2023-10-31 05602900 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-31 05602900 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 05602900 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 05602900 frs-core:MotorVehicles 2024-10-31 05602900 frs-core:MotorVehicles 2023-11-01 2024-10-31 05602900 frs-core:MotorVehicles 2023-10-31 05602900 frs-core:PlantMachinery 2024-10-31 05602900 frs-core:PlantMachinery 2023-11-01 2024-10-31 05602900 frs-core:PlantMachinery 2023-10-31 05602900 frs-core:WithinOneYear 2024-10-31 05602900 frs-core:RevaluationReserve 2023-10-31 05602900 frs-core:RevaluationReserve 2024-10-31 05602900 frs-core:ShareCapital 2024-10-31 05602900 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05602900 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05602900 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05602900 frs-bus:SmallEntities 2023-11-01 2024-10-31 05602900 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05602900 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05602900 1 2023-11-01 2024-10-31 05602900 frs-bus:Director1 2023-11-01 2024-10-31 05602900 frs-bus:Director2 2023-11-01 2024-10-31 05602900 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 05602900 frs-countries:EnglandWales 2023-11-01 2024-10-31 05602900 2022-10-31 05602900 2023-10-31 05602900 2022-11-01 2023-10-31 05602900 frs-core:CurrentFinancialInstruments 2023-10-31 05602900 frs-core:Non-currentFinancialInstruments 2023-10-31 05602900 frs-core:BetweenOneFiveYears 2023-10-31 05602900 frs-core:WithinOneYear 2023-10-31 05602900 frs-core:RevaluationReserve 2023-10-31 05602900 frs-core:ShareCapital 2023-10-31 05602900 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05602900
Kidz @ Work Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05602900
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,605,908 1,463,068
1,605,908 1,463,068
CURRENT ASSETS
Stocks 5 2,750 3,250
Debtors 6 349,180 241,004
Cash at bank and in hand 286,295 411,321
638,225 655,575
Creditors: Amounts Falling Due Within One Year 7 (202,859 ) (290,551 )
NET CURRENT ASSETS (LIABILITIES) 435,366 365,024
TOTAL ASSETS LESS CURRENT LIABILITIES 2,041,274 1,828,092
Creditors: Amounts Falling Due After More Than One Year 8 (74,473 ) (96,875 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (51,763 ) (23,056 )
NET ASSETS 1,915,038 1,708,161
CAPITAL AND RESERVES
Called up share capital 10 1 1
Revaluation reserve 11 83,323 83,323
Profit and Loss Account 1,831,714 1,624,837
SHAREHOLDERS' FUNDS 1,915,038 1,708,161
Page 1
Page 2
For the year ending 31 October 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
S Ramanathan
Director
24/07/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kidz @ Work Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05602900 . The registered office is Headrow House, 19 Old Leeds Road, Huddersfield, West Yorkshire, HD1 1SG.
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. 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.
2.3. 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:
Leasehold Not depreciated
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 10% on reducing balance
Computer Equipment 33% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
kidAverage number of employees, including directors, during the year was: 44 (2023: 44)
44 44
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2023 1,281,681 243,001 127,276 170,263
Additions - 148,472 99,993 14,015
Disposals - - (127,276 ) -
As at 31 October 2024 1,281,681 391,473 99,993 184,278
Depreciation
As at 1 November 2023 - 180,576 82,582 96,292
Provided during the period - 42,180 29,330 8,798
Disposals - - (86,914 ) -
As at 31 October 2024 - 222,756 24,998 105,090
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 October 2024 1,281,681 168,717 74,995 79,188
As at 1 November 2023 1,281,681 62,425 44,694 73,971
Computer Equipment Total
£ £
Cost
As at 1 November 2023 14,236 1,836,457
Additions 1,981 264,461
Disposals - (127,276 )
As at 31 October 2024 16,217 1,973,642
Depreciation
As at 1 November 2023 13,939 373,389
Provided during the period 951 81,259
Disposals - (86,914 )
As at 31 October 2024 14,890 367,734
Net Book Value
As at 31 October 2024 1,327 1,605,908
As at 1 November 2023 297 1,463,068
5. Stocks
2024 2023
£ £
Stock 2,750 3,250
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 349,180 241,004
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,881 8,647
Trade creditors 4,120 5,270
Bank loans and overdrafts 50,058 92,352
Other creditors 67,683 103,755
Taxation and social security 74,117 80,527
202,859 290,551
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 74,473 42,323
Bank loans - 54,552
74,473 96,875
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,996 11,531
Later than one year and not later than five years 88,110 43,765
102,106 55,296
Less: Finance charges allocated to future periods 20,752 4,326
81,354 50,970
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
11. Reserves
Revaluation Reserve
£
As at 1 November 2023 83,323
As at 31 October 2024 83,323
12. Related Party Transactions
During the year, the company provided a loan to TMGH Limited, a company where one of the directors and shareholders has significant influence.
As at the balance sheet date, the outstanding balance of the loan was £336,923 (2023: 225,639)
The loan is unsecured and repayable on demand. 
No provisions have been made for doubtful debts in respect of the loan to TMGH Limited.
13. Ultimate Controlling Party
The company is a wholly owned subsidiary of Ramanathan Holdings Limited (who own 100% of the issued share capital with voting rights), whose company reference is 05715531 and who's registered office is Headrow House, 19 Old Leeds Road, Huddersfield, West Yorkshire, England, HD1 1SG.
Ramanathan Holdings Limited is under the control of Mr Shankar Ramanathan & Mrs Caron Ramanathan, and as such are deemed the ultimate controlling parties.
Page 6