Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 13399872 Mr Jozsef Kiss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13399872 2024-05-31 13399872 2025-05-31 13399872 2024-06-01 2025-05-31 13399872 frs-core:CurrentFinancialInstruments 2025-05-31 13399872 frs-core:Non-currentFinancialInstruments 2025-05-31 13399872 frs-core:ComputerEquipment 2025-05-31 13399872 frs-core:ComputerEquipment 2024-06-01 2025-05-31 13399872 frs-core:ComputerEquipment 2024-05-31 13399872 frs-core:PlantMachinery 2025-05-31 13399872 frs-core:PlantMachinery 2024-06-01 2025-05-31 13399872 frs-core:PlantMachinery 2024-05-31 13399872 frs-core:ShareCapital 2025-05-31 13399872 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 13399872 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13399872 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 13399872 frs-bus:SmallEntities 2024-06-01 2025-05-31 13399872 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13399872 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13399872 frs-bus:Director1 2024-06-01 2025-05-31 13399872 frs-bus:Director1 2024-05-31 13399872 frs-bus:Director1 2025-05-31 13399872 frs-countries:EnglandWales 2024-06-01 2025-05-31 13399872 2023-05-31 13399872 2024-05-31 13399872 2023-06-01 2024-05-31 13399872 frs-core:CurrentFinancialInstruments 2024-05-31 13399872 frs-core:Non-currentFinancialInstruments 2024-05-31 13399872 frs-core:PlantMachinery 2023-06-01 2024-05-31 13399872 frs-core:ShareCapital 2024-05-31 13399872 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 13399872
Kiss MotorWorks Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
AP Accounting Solutions Limited
The Mill House
Erw Hir
Llantrisant
Pontyclun
CF72 8BY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13399872
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,007 31,339
32,007 31,339
CURRENT ASSETS
Stocks 5 25,157 32,794
Debtors 6 5,045 8,629
Cash at bank and in hand 15,787 5,770
45,989 47,193
Creditors: Amounts Falling Due Within One Year 7 (74,690 ) (80,307 )
NET CURRENT ASSETS (LIABILITIES) (28,701 ) (33,114 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,306 (1,775 )
Creditors: Amounts Falling Due After More Than One Year 8 (3,200 ) (8,000 )
NET ASSETS/(LIABILITIES) 106 (9,775 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 6 (9,875 )
SHAREHOLDERS' FUNDS 106 (9,775)
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jozsef Kiss
Director
22/09/2025
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
Kiss MotorWorks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13399872 . The registered office is 50 Whalefield Road, Banwell, BS29 6EB.
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. 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 15% Straight Line
Computer Equipment 25% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Sales, marketing and distribution 1 1
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 41,049 1,781 42,830
Additions 6,312 2,486 8,798
Disposals - (791 ) (791 )
As at 31 May 2025 47,361 3,476 50,837
Depreciation
As at 1 June 2024 10,403 1,088 11,491
Provided during the period 7,104 1,025 8,129
Disposals - (790 ) (790 )
As at 31 May 2025 17,507 1,323 18,830
Net Book Value
As at 31 May 2025 29,854 2,153 32,007
As at 1 June 2024 30,646 693 31,339
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 3,220 4,427
5. Stocks
2025 2024
£ £
Stock 25,156 32,794
Payments on account 1 -
25,157 32,794
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,603 300
Prepayments and accrued income 298 -
Other debtors 2,144 4,692
VAT - 3,637
5,045 8,629
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 570 8,279
Bank loans and overdrafts 4,801 4,800
VAT 5,422 -
Net wages 1,048 1,048
Accruals and deferred income 298 -
Director's loan account 62,551 66,180
74,690 80,307
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,200 8,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Mr Jozsef Kiss (66,180 ) 7,585 (3,956 ) - (62,551 )
The above loan is unsecured, interest free and repayable on demand.
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