Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 28 February 2025 28 February 2025 11504197 Oliver Basi Stuart Gready iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11504197 2023-08-31 11504197 2025-02-28 11504197 2023-09-01 2025-02-28 11504197 frs-core:CurrentFinancialInstruments 2025-02-28 11504197 frs-core:Non-currentFinancialInstruments 2025-02-28 11504197 frs-core:ComputerEquipment 2025-02-28 11504197 frs-core:ComputerEquipment 2023-09-01 2025-02-28 11504197 frs-core:ComputerEquipment 2023-08-31 11504197 frs-core:InvestmentPropertyIncludedWithinPPE 2025-02-28 11504197 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-01 2025-02-28 11504197 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-31 11504197 frs-core:RevaluationReserve 2025-02-28 11504197 frs-core:ShareCapital 2025-02-28 11504197 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11504197 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2025-02-28 11504197 frs-bus:FilletedAccounts 2023-09-01 2025-02-28 11504197 frs-bus:SmallEntities 2023-09-01 2025-02-28 11504197 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2025-02-28 11504197 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2025-02-28 11504197 frs-bus:Director1 2023-09-01 2025-02-28 11504197 frs-bus:Director2 2023-09-01 2025-02-28 11504197 frs-countries:EnglandWales 2023-09-01 2025-02-28 11504197 2022-08-31 11504197 2023-08-31 11504197 2022-09-01 2023-08-31 11504197 frs-core:CurrentFinancialInstruments 2023-08-31 11504197 frs-core:Non-currentFinancialInstruments 2023-08-31 11504197 frs-core:RevaluationReserve 2023-08-31 11504197 frs-core:ShareCapital 2023-08-31 11504197 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11504197
Invicta Keystone Limited
Unaudited Financial Statements
For the Period 1 September 2023 to 28 February 2025
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11504197
28 February 2025 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,565 336,981
3,565 336,981
CURRENT ASSETS
Debtors 5 63,372 1,000
Cash at bank and in hand 11,217 13,111
74,589 14,111
Creditors: Amounts Falling Due Within One Year 6 (13,193 ) (112,925 )
NET CURRENT ASSETS (LIABILITIES) 61,396 (98,814 )
TOTAL ASSETS LESS CURRENT LIABILITIES 64,961 238,167
Creditors: Amounts Falling Due After More Than One Year 7 - (160,773 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (677 ) (9,306 )
NET ASSETS 64,284 68,088
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve - 46,997
Profit and Loss Account 64,282 21,089
SHAREHOLDERS' FUNDS 64,284 68,088
Page 1
Page 2
For the period ending 28 February 2025 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
Oliver Basi
Director
9 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Invicta Keystone Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11504197 . The registered office is 5-7 Station Road, Longfield, Kent, DA3 7QD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer Equipment 15% Reducing Balance Method
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, employed by the company was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Investment Properties Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 335,000 2,742 337,742
Additions - 2,247 2,247
Disposals (335,000 ) - (335,000 )
As at 28 February 2025 - 4,989 4,989
Depreciation
As at 1 September 2023 - 761 761
Provided during the period - 663 663
As at 28 February 2025 - 1,424 1,424
Net Book Value
As at 28 February 2025 - 3,565 3,565
As at 1 September 2023 335,000 1,981 336,981
5. Debtors
28 February 2025 31 August 2023
£ £
Due within one year
Prepayments and accrued income - 1,000
Director Loan- S Gready 63,372 -
63,372 1,000
6. Creditors: Amounts Falling Due Within One Year
28 February 2025 31 August 2023
£ £
Bank loans and overdrafts - 19,262
Corporation tax 10,001 1,824
Accruals and deferred income 1,873 11,980
Directors' loan accounts 1,319 79,859
13,193 112,925
7. Creditors: Amounts Falling Due After More Than One Year
28 February 2025 31 August 2023
£ £
Bank loans - 160,773
8. Share Capital
28 February 2025 31 August 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4