Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13974417 Tamas Kappelmayer Zsuzsa Kappelmayer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13974417 2024-03-31 13974417 2025-03-31 13974417 2024-04-01 2025-03-31 13974417 frs-core:CurrentFinancialInstruments 2025-03-31 13974417 frs-core:Non-currentFinancialInstruments 2025-03-31 13974417 frs-core:ShareCapital 2025-03-31 13974417 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13974417 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13974417 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13974417 frs-bus:SmallEntities 2024-04-01 2025-03-31 13974417 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13974417 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13974417 frs-bus:Director1 2024-04-01 2025-03-31 13974417 frs-bus:Director2 2024-04-01 2025-03-31 13974417 frs-countries:EnglandWales 2024-04-01 2025-03-31 13974417 2023-03-31 13974417 2024-03-31 13974417 2023-04-01 2024-03-31 13974417 frs-core:CurrentFinancialInstruments 2024-03-31 13974417 frs-core:Non-currentFinancialInstruments 2024-03-31 13974417 frs-core:ShareCapital 2024-03-31 13974417 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13974417
KPL Property Limited
Financial Statements
For The Year Ended 31 March 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: 13974417
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 125,099 125,099
125,099 125,099
CURRENT ASSETS
Debtors 5 5,000 -
Cash at bank and in hand 505 644
5,505 644
Creditors: Amounts Falling Due Within One Year 6 (45,149 ) (40,649 )
NET CURRENT ASSETS (LIABILITIES) (39,644 ) (40,005 )
TOTAL ASSETS LESS CURRENT LIABILITIES 85,455 85,094
Creditors: Amounts Falling Due After More Than One Year 7 (88,144 ) (88,140 )
NET LIABILITIES (2,689 ) (3,046 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (2,789 ) (3,146 )
SHAREHOLDERS' FUNDS (2,689) (3,046)
Page 1
Page 2
For the year ending 31 March 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
Tamas Kappelmayer
Director
7 August 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
KPL Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13974417 . The registered office is 5-7 Station Road, Longfield, Kent, England, England, 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. 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
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.
2.5. 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.
2.6. 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.
2.7. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 125,099
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 125,099 125,099
Accumulated depreciation and impairment 5,004 2,502
Carrying amount 120,095 122,597
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 5,000 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Directors' loan accounts 45,149 40,649
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 88,144 88,140
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4