Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07107364 Ms S K Morrey Mr M Court iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07107364 2023-12-31 07107364 2024-12-31 07107364 2024-01-01 2024-12-31 07107364 frs-core:CurrentFinancialInstruments 2024-12-31 07107364 frs-core:ComputerEquipment 2024-12-31 07107364 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07107364 frs-core:ComputerEquipment 2023-12-31 07107364 frs-core:ShareCapital 2024-12-31 07107364 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07107364 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07107364 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07107364 frs-bus:SmallEntities 2024-01-01 2024-12-31 07107364 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07107364 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07107364 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 07107364 frs-bus:OrdinaryShareClass2 2024-12-31 07107364 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 07107364 frs-bus:OrdinaryShareClass3 2024-12-31 07107364 frs-bus:Director1 2024-01-01 2024-12-31 07107364 frs-bus:Director2 2024-01-01 2024-12-31 07107364 frs-countries:EnglandWales 2024-01-01 2024-12-31 07107364 2022-12-31 07107364 2023-12-31 07107364 2023-01-01 2023-12-31 07107364 frs-core:CurrentFinancialInstruments 2023-12-31 07107364 frs-core:ShareCapital 2023-12-31 07107364 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07107364 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 07107364 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31
Registered number: 07107364
KMC Futures Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
KMC Futures Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
KMC Futures Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 07107364

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 250 |  | 586
Investment Properties | 5 |  | 118,000 |  | 118,000
|  |  | 118,250 |  | 118,586
CURRENT ASSETS
Debtors | 6 | 565 |  | 565 |
Cash at bank and in hand |  | 90,045 |  | 107,602 |
|  | 90,610 |  | 108,167 |
Creditors: Amounts Falling Due Within One Year | 7 | (4,403 ) |  | (7,660 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 86,207 |  | 100,507
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 204,457 |  | 219,093
NET ASSETS |  |  | 204,457 |  | 219,093
CAPITAL AND RESERVES
Called up share capital | 8 |  | 4 |  | 4
Profit and Loss Account |  |  | 204,453 |  | 219,089
SHAREHOLDERS' FUNDS |  |  | 204,457 |  | 219,093

Page 1
Page 2
KMC Futures Ltd
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 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

Mr M Court Director
30 August 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
KMC Futures Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
KMC Futures Ltd is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from consultancy is recognised by reference to the amount of services provided on an hourly basis during the period.
Rental income
Rental income from operating leases, net of any incentives given to the lessees, is recognised on a straight line basis over the lease term.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer Equipment | 33% on cost

2.4. Investment Properties
Investment property was acquired during 2015 and the directors consider there has been no significant movement in fair market value and accordingly the property is stated at cost. In future years investment property will be measured at fair value at each reporting date with change in fair value recognised in profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
KMC Futures Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 January 2024 | 6,671
As at 31 December 2024 | 6,671
Depreciation
As at 1 January 2024 | 6,085
Provided during the period | 336
As at 31 December 2024 | 6,421
Net Book Value
As at 31 December 2024 | 250
As at 1 January 2024 | 586

5. Investment Property

| 2024
--- | ---
| £
Fair Value
As at 1 January 2024 and 31 December 2024 | 118,000

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 565 |  | 565

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 749
Corporation tax | 516 |  | 3,444
Other creditors | 565 |  | 565
Accruals and deferred income | 2,698 |  | 2,590
Directors' loan accounts | 624 |  | 312
| 4,403 |  | 7,660

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
2 Ordinary A shares of £ 1.00 each | 2 |  | 2
2 Ordinary B shares of £ 1.00 each | 2 |  | 2
| 4 |  | 4

Page 4