Acorah Software Products - Accounts Production 16.5.460 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 08553678 B Scholes N J Bate iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08553678 2024-06-30 08553678 2025-06-30 08553678 2024-07-01 2025-06-30 08553678 frs-core:CurrentFinancialInstruments 2025-06-30 08553678 frs-core:Non-currentFinancialInstruments 2025-06-30 08553678 frs-core:ComputerEquipment 2025-06-30 08553678 frs-core:ComputerEquipment 2024-07-01 2025-06-30 08553678 frs-core:ComputerEquipment 2024-06-30 08553678 frs-core:FurnitureFittings 2025-06-30 08553678 frs-core:FurnitureFittings 2024-07-01 2025-06-30 08553678 frs-core:FurnitureFittings 2024-06-30 08553678 frs-core:SharePremium 2025-06-30 08553678 frs-core:ShareCapital 2025-06-30 08553678 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 08553678 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08553678 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 08553678 frs-bus:SmallEntities 2024-07-01 2025-06-30 08553678 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 08553678 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08553678 frs-bus:Director1 2024-07-01 2025-06-30 08553678 frs-bus:Director2 2024-07-01 2025-06-30 08553678 frs-countries:EnglandWales 2024-07-01 2025-06-30 08553678 2023-06-30 08553678 2024-06-30 08553678 2023-07-01 2024-06-30 08553678 frs-core:CurrentFinancialInstruments 2024-06-30 08553678 frs-core:Non-currentFinancialInstruments 2024-06-30 08553678 frs-core:SharePremium 2024-06-30 08553678 frs-core:ShareCapital 2024-06-30 08553678 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 08553678
Kit Log Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Kit Log Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Kit Log Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 08553678

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,208 |  | 9,777
|  |  | 6,208 |  | 9,777
CURRENT ASSETS
Debtors | 5 | 92,771 |  | 125,220 |
Cash at bank and in hand |  | 41,687 |  | 82,920 |
|  | 134,458 |  | 208,140 |
Creditors: Amounts Falling Due Within One Year | 6 | (715,416 ) |  | (517,906 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (580,958 ) |  | (309,766 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (574,750 ) |  | (299,989 )
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (49,182 ) |  | (9,662 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,552 ) |  | -
NET LIABILITIES |  |  | (625,484 ) |  | (309,651 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 344 |  | 344
Share premium account |  |  | 1,753,028 |  | 1,753,028
Profit and Loss Account |  |  | (2,378,856 ) |  | (2,063,023 )
SHAREHOLDERS' FUNDS |  |  | (625,484) |  | (309,651)

Page 1
Page 2
Kit Log Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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

B Scholes Director
02/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Kit Log Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Kit Log Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08553678 . The registered office is Papertrail Offices M-Sparc, Menai Science Park, Gaerwen, Anglesey, LL60 6AR.
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.
Functional and Presentational Currency:
The company's functional and presentational currency is GBP.
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. 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.
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.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:

Fixtures & Fittings | Straight Line 25%
Computer Equipment | Straight Line 25%

2.6. 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.
Page 3
Page 4
Kit Log Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
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 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 19)
19 19
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 July 2024 | 5,697 | 41,774 | 47,471
Additions | - | 1,747 | 1,747
As at 30 June 2025 | 5,697 | 43,521 | 49,218
Depreciation
As at 1 July 2024 | 3,201 | 34,493 | 37,694
Provided during the period | 1,079 | 4,237 | 5,316
As at 30 June 2025 | 4,280 | 38,730 | 43,010
Net Book Value
As at 30 June 2025 | 1,417 | 4,791 | 6,208
As at 1 July 2024 | 2,496 | 7,281 | 9,777

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 76,224 |  | 52,928
Other debtors | 16,547 |  | 72,292
| 92,771 |  | 125,220

Page 4
Page 5
Kit Log Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 48,561 |  | 14,002
Other loans | 10,506 |  | 11,479
Other taxes and social security | 126,314 |  | 21,158
VAT | 37,818 |  | 33,326
Net wages | - |  | 3,611
Other creditors | 4,823 |  | -
Accruals and deferred income | 487,394 |  | 434,330
| 715,416 |  | 517,906

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 49,182 |  | 9,662

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 344 |  | 344

9. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £4,823 (PY £3,611) were due to the fund.
Page 5