Acorah Software Products - Accounts Production 16.3.350 false true false 14 August 2023 31 August 2024 31 August 2024 15070689 Mr Kamalanathan Kishokumar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15070689 2023-08-13 15070689 2024-08-31 15070689 2023-08-14 2024-08-31 15070689 frs-core:Non-currentFinancialInstruments 2024-08-31 15070689 frs-core:ShareCapital 2024-08-31 15070689 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15070689 frs-bus:PrivateLimitedCompanyLtd 2023-08-14 2024-08-31 15070689 frs-bus:FilletedAccounts 2023-08-14 2024-08-31 15070689 frs-bus:SmallEntities 2023-08-14 2024-08-31 15070689 frs-bus:AuditExempt-NoAccountantsReport 2023-08-14 2024-08-31 15070689 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-14 2024-08-31 15070689 frs-bus:Director1 2023-08-14 2024-08-31 15070689 frs-countries:EnglandWales 2023-08-14 2024-08-31
Registered number: 15070689
Kish Property Ltd
Unaudited Financial Statements
For the Period 14 August 2023 to 31 August 2024
Desaur and Co Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15070689
31 August 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 275,141
275,141
CURRENT ASSETS
Cash at bank and in hand 2,957
2,957
Creditors: Amounts Falling Due Within One Year 5 (121,658 )
NET CURRENT ASSETS (LIABILITIES) (118,701 )
TOTAL ASSETS LESS CURRENT LIABILITIES 156,440
Creditors: Amounts Falling Due After More Than One Year 6 (159,000 )
NET LIABILITIES (2,560 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (2,561 )
SHAREHOLDERS' FUNDS (2,560)
For the period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Kamalanathan Kishokumar
Director
08/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kish Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15070689 . The registered office is 208 Whitmore Way, Basildon, SS14 2PE.
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 represents gross rent receivable which is based on signed leases with tenants.
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:
2.4. Investment Properties
Investment Properties
Investment properties are the properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in fair value of investment properties are included in profit and loss in the period in which they arise.
Investment properties whose fair value cannot be measured reliably without undue cost or effort on an on-going basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net transaction costs and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of relevant borrowing.
Interest expense is included in interest payable and similar charges
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
31 August 2024
£
Fair Value
As at 14 August 2023 -
Additions 275,141
As at 31 August 2024 275,141
The values of investment properties are annually considered by director based on his knowledge of similar local properties, he does not consider it necessary to carry out a revaluation at the financial year end, as market value is not materially different to the carrying amount at the year end.
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Other creditors 121,658
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
31 August 2024
£
Bank loans 159,000
The bank borrowings are secured by way of fFixed charges over the company’s assets.
7. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 1
Page 3