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 05253967 Mr Scott Kenworthy Mrs Sibylle Kenworthy Mr Scott Kenworthy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05253967 2023-12-31 05253967 2024-12-31 05253967 2024-01-01 2024-12-31 05253967 frs-core:CurrentFinancialInstruments 2024-12-31 05253967 frs-core:ComputerEquipment 2024-12-31 05253967 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05253967 frs-core:ComputerEquipment 2023-12-31 05253967 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 05253967 frs-core:FurnitureFittings 2024-12-31 05253967 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05253967 frs-core:FurnitureFittings 2023-12-31 05253967 frs-core:NetGoodwill 2024-12-31 05253967 frs-core:NetGoodwill 2024-01-01 2024-12-31 05253967 frs-core:NetGoodwill 2023-12-31 05253967 frs-core:MotorVehicles 2024-12-31 05253967 frs-core:MotorVehicles 2024-01-01 2024-12-31 05253967 frs-core:MotorVehicles 2023-12-31 05253967 frs-core:OtherResidualIntangibleAssets 2024-12-31 05253967 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 05253967 frs-core:OtherResidualIntangibleAssets 2023-12-31 05253967 frs-core:PlantMachinery 2024-12-31 05253967 frs-core:PlantMachinery 2024-01-01 2024-12-31 05253967 frs-core:PlantMachinery 2023-12-31 05253967 frs-core:ShareCapital 2024-12-31 05253967 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05253967 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05253967 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05253967 frs-bus:SmallEntities 2024-01-01 2024-12-31 05253967 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05253967 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05253967 frs-core:ListedExchangeTraded 2024-12-31 05253967 frs-core:ListedExchangeTraded 2023-12-31 05253967 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 05253967 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 05253967 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-12-31 05253967 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 05253967 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 05253967 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 05253967 frs-bus:Director1 2024-01-01 2024-12-31 05253967 frs-bus:Director2 2024-01-01 2024-12-31 05253967 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05253967 frs-countries:EnglandWales 2024-01-01 2024-12-31 05253967 2022-12-31 05253967 2023-12-31 05253967 2023-01-01 2023-12-31 05253967 frs-core:CurrentFinancialInstruments 2023-12-31 05253967 frs-core:ShareCapital 2023-12-31 05253967 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05253967
K-Play International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Abacus Accountancy & Taxation Services Ltd
19-21 Main Road
Nottingham
NG4 3HQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05253967
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,550 7,410
Tangible Assets 5 3,219 5,477
Investments 6 1,613 -
11,382 12,887
CURRENT ASSETS
Stocks 7 57,794 62,501
Debtors 8 19,074 33,740
Cash at bank and in hand 36,590 33,309
113,458 129,550
Creditors: Amounts Falling Due Within One Year 9 (57,433 ) (58,493 )
NET CURRENT ASSETS (LIABILITIES) 56,025 71,057
TOTAL ASSETS LESS CURRENT LIABILITIES 67,407 83,944
NET ASSETS 67,407 83,944
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 67,406 83,943
SHAREHOLDERS' FUNDS 67,407 83,944
Page 1
Page 2
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 Scott Kenworthy
Director
16/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
K-Play International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05253967 . The registered office is The Warehouse Holderness House Yard, Staithes Road, Hull, HU1 2DX.
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
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. 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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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 year, 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 year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 10,000 3,599 13,599
As at 31 December 2024 10,000 3,599 13,599
Amortisation
As at 1 January 2024 5,583 606 6,189
Provided during the period 500 360 860
As at 31 December 2024 6,083 966 7,049
Net Book Value
As at 31 December 2024 3,917 2,633 6,550
As at 1 January 2024 4,417 2,993 7,410
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 2,170 6,950 6,929 5,050 21,099
Disposals - (6,950 ) - - (6,950 )
As at 31 December 2024 2,170 - 6,929 5,050 14,149
Depreciation
As at 1 January 2024 1,337 5,765 4,870 3,650 15,622
Provided during the period 208 - 515 350 1,073
Disposals - (5,765 ) - - (5,765 )
As at 31 December 2024 1,545 - 5,385 4,000 10,930
...CONTINUED
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Page 5
Net Book Value
As at 31 December 2024 625 - 1,544 1,050 3,219
As at 1 January 2024 833 1,185 2,059 1,400 5,477
6. Investments
Listed
£
Cost or Valuation
As at 1 January 2024 -
Additions 1,602
Revaluations 11
As at 31 December 2024 1,613
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1,613
As at 1 January 2024 -
7. Stocks
2024 2023
£ £
Materials 57,794 62,501
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,232 10,892
Other debtors 17,842 22,848
19,074 33,740
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,316 14,927
Bank loans and overdrafts - 202
Other creditors 43,117 43,364
57,433 58,493
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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