Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 10594759 Mr Allan Collett Mrs Johanna Collett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10594759 2024-02-29 10594759 2025-02-28 10594759 2024-03-01 2025-02-28 10594759 frs-core:CurrentFinancialInstruments 2025-02-28 10594759 frs-core:Non-currentFinancialInstruments 2025-02-28 10594759 frs-core:RevaluationReserve 2024-02-29 10594759 frs-core:RevaluationReserve 2025-02-28 10594759 frs-core:ShareCapital 2025-02-28 10594759 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10594759 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10594759 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 10594759 frs-bus:SmallEntities 2024-03-01 2025-02-28 10594759 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 10594759 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 10594759 frs-bus:Director1 2024-03-01 2025-02-28 10594759 frs-bus:Director2 2024-03-01 2025-02-28 10594759 frs-countries:EnglandWales 2024-03-01 2025-02-28 10594759 2023-02-28 10594759 2024-02-29 10594759 2023-03-01 2024-02-29 10594759 frs-core:CurrentFinancialInstruments 2024-02-29 10594759 frs-core:Non-currentFinancialInstruments 2024-02-29 10594759 frs-core:RevaluationReserve 2024-02-29 10594759 frs-core:ShareCapital 2024-02-29 10594759 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 10594759
Kapinara Properties Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Freeman Lunn
Accountants & Business Advisers
11 Marlings Park Avenue
Chislehurst
Kent
BR7 6QN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10594759
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 640,000 640,000
640,000 640,000
CURRENT ASSETS
Cash at bank and in hand 17,461 12,742
17,461 12,742
Creditors: Amounts Falling Due Within One Year 5 (3,099 ) (1,864 )
NET CURRENT ASSETS (LIABILITIES) 14,362 10,878
TOTAL ASSETS LESS CURRENT LIABILITIES 654,362 650,878
Creditors: Amounts Falling Due After More Than One Year 6 (581,156 ) (587,115 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,519 ) (9,519 )
NET ASSETS 63,687 54,244
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 40,576 40,576
Profit and Loss Account 23,011 13,568
SHAREHOLDERS' FUNDS 63,687 54,244
Page 1
Page 2
For the year 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
Mr Allan Collett
Director
25/08/2025
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
Kapinara Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10594759 . The registered office is 26 Granville Road, Sidcup, Kent, DA14 4BX.
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
Rental income from investment properties represents sums received from tenants during the year.
2.3. 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.
2.4. Taxation
Taxation expense represents the sum of the tax currently payable.
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 year and items that are never taxable or deductible. 
Deferred tax is provided on the investment property fair value gain.
The company's liability for current and deferred tax is based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 1 March 2024 and 28 February 2025 640,000
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 2,449 1,214
Accruals and deferred income 650 650
3,099 1,864
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 412,292 412,292
Directors loan account 168,864 174,823
581,156 587,115
The directors loan is unsecured and there is no future determinable date for repayment. Interest is chargeable at 3% above the Bank of England base rate but no provision has been made for interest accrued but unpaid at the balance sheet date.
Page 3
Page 4
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 1 March 2024 40,576
As at 28 February 2025 40,576
Page 4