Acorah Software Products - Accounts Production 16.3.350 false true true false 30 May 2024 31 May 2025 31 May 2025 15751550 Mrs B Purshottam Mr N Purshottam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15751550 2024-05-29 15751550 2025-05-31 15751550 2024-05-30 2025-05-31 15751550 frs-core:Non-currentFinancialInstruments 2025-05-31 15751550 frs-core:FurnitureFittings 2025-05-31 15751550 frs-core:FurnitureFittings 2024-05-30 2025-05-31 15751550 frs-core:FurnitureFittings 2024-05-29 15751550 frs-core:ShareCapital 2025-05-31 15751550 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 15751550 frs-bus:PrivateLimitedCompanyLtd 2024-05-30 2025-05-31 15751550 frs-bus:FilletedAccounts 2024-05-30 2025-05-31 15751550 frs-bus:SmallEntities 2024-05-30 2025-05-31 15751550 frs-bus:AuditExempt-NoAccountantsReport 2024-05-30 2025-05-31 15751550 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-30 2025-05-31 15751550 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-05-30 2025-05-31 15751550 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-05-31 15751550 frs-bus:Director1 2024-05-30 2025-05-31 15751550 frs-bus:Director1 2024-05-29 15751550 frs-bus:Director1 2025-05-31 15751550 frs-bus:Director2 2024-05-30 2025-05-31 15751550 frs-countries:EnglandWales 2024-05-30 2025-05-31
Registered number: 15751550
Kspd Limited
Unaudited Financial Statements
For the Period 30 May 2024 to 31 May 2025
Truth Accounting Services
Kspd Limited
Contents
Contents

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

Page 1
Kspd Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 15751550

| 31 May 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,397
Investment Properties | 5 |  | 172,736
|  |  | 175,133
CURRENT ASSETS
Cash at bank and in hand |  | 6,675 |
|  | 6,675 |
Creditors: Amounts Falling Due Within One Year | 6 | (58,458 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (51,783 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 123,350
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (111,000 )
NET ASSETS |  |  | 12,350
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2
Fair value reserve | 10 |  | 47,000
Profit and Loss Account |  |  | (34,652 )
SHAREHOLDERS' FUNDS |  |  | 12,350

For the period ending 31 May 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 N Purshottam Director
27/08/2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Kspd Limited
Notes to the Financial Statements
For the Period 30 May 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
Kspd Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15751550 . The registered office is 9 Tynedale Close, Leicester, Leicestershire, LE2 4TS.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on am ongoing basis. Revisions to accounting estimates are recognised in the period of the revision and future periods where the revision affects both current and future periods.
2.4. 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:

Fixtures & Fittings | 15% reducing balance

2.5. 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.
2.6. Financial Instruments
The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash at bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
...CONTINUED
Page 2
Page 3
Kspd Limited
Notes to the Financial Statements (continued)
For the Period 30 May 2024 to 31 May 2025
2.6. Financial Instruments - continued
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost or Valuation
As at 30 May 2024 | -
Additions | 2,820
As at 31 May 2025 | 2,820
Depreciation
As at 30 May 2024 | -
Provided during the period | 423
As at 31 May 2025 | 423
Net Book Value
As at 31 May 2025 | 2,397
As at 30 May 2024 | -

Page 3
Page 4
Kspd Limited
Notes to the Financial Statements (continued)
For the Period 30 May 2024 to 31 May 2025
5. Investment Property

| 31 May 2025
--- | ---
| £
Fair Value
As at 30 May 2024 | -
Additions | 125,736
Revaluations | 47,000
As at 31 May 2025 | 172,736

6. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Other creditors | 58,458

7. Creditors: Amounts Falling Due After More Than One Year

| 31 May 2025
--- | ---
| £
Bank loans | 111,000

8. Share Capital

| 31 May 2025
--- | ---
| £
Allotted, Called up and fully paid | 2

9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:

| As at 30 May 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 May 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Nimesh Purshottam | - | - | 57,909 | - | 57,909

The above loan is unsecured, interest free and repayable on demand.
10. Reserves

| Fair Value Reserve
--- | ---
| £
Transfer to profit and loss | 47,000
As at 31 May 2025 | 47,000

Page 4