Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08162449 Mrs Zivile Kakar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08162449 2024-03-31 08162449 2025-03-31 08162449 2024-04-01 2025-03-31 08162449 frs-core:CurrentFinancialInstruments 2025-03-31 08162449 frs-core:Non-currentFinancialInstruments 2025-03-31 08162449 frs-core:FurnitureFittings 2025-03-31 08162449 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08162449 frs-core:FurnitureFittings 2024-03-31 08162449 frs-core:PlantMachinery 2025-03-31 08162449 frs-core:PlantMachinery 2024-04-01 2025-03-31 08162449 frs-core:PlantMachinery 2024-03-31 08162449 frs-core:OtherReservesSubtotal 2025-03-31 08162449 frs-core:ShareCapital 2025-03-31 08162449 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08162449 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08162449 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08162449 frs-bus:SmallEntities 2024-04-01 2025-03-31 08162449 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08162449 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08162449 frs-bus:Director1 2024-04-01 2025-03-31 08162449 frs-bus:Director1 2024-03-31 08162449 frs-bus:Director1 2025-03-31 08162449 frs-core:CurrentFinancialInstruments 1 2025-03-31 08162449 frs-countries:EnglandWales 2024-04-01 2025-03-31 08162449 2023-03-31 08162449 2024-03-31 08162449 2023-04-01 2024-03-31 08162449 frs-core:CurrentFinancialInstruments 2024-03-31 08162449 frs-core:Non-currentFinancialInstruments 2024-03-31 08162449 frs-core:OtherReservesSubtotal 2024-03-31 08162449 frs-core:ShareCapital 2024-03-31 08162449 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08162449 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 08162449
Karma Assets Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
AUDITA LTD
11 CUNDY ROAD
CUSTOM HOUSE
LONDON
E16 3DJ
Karma Assets Limited
Contents
Contents

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

Page 1
Karma Assets Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08162449

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 12,671 |  | 16,895
Investment Properties | 5 |  | 3,185,978 |  | 3,185,978
|  |  | 3,198,649 |  | 3,202,873
CURRENT ASSETS
Debtors | 6 | 84 |  | 28,004 |
Cash at bank and in hand |  | 392 |  | 1,183 |
|  | 476 |  | 29,187 |
Creditors: Amounts Falling Due Within One Year | 7 | (20,975 ) |  | (849 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (20,499 ) |  | 28,338
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,178,150 |  | 3,231,211
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (20,538 ) |  | (53,650 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (337,963 ) |  | (337,963 )
NET ASSETS |  |  | 2,819,649 |  | 2,839,598
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Other reserves |  |  | 2,931,792 |  | 2,931,792
Profit and Loss Account |  |  | (112,243 ) |  | (92,294 )
SHAREHOLDERS' FUNDS |  |  | 2,819,649 |  | 2,839,598

Page 1
Page 2
Karma Assets Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 her 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

Mrs Zivile Kakar Director
17/11/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Karma Assets Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Karma Assets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08162449 . The registered office is 93-95 High Street, Brentwood, CM14 4RR.
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. 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 | Reducing Method
Fixtures & Fittings | Reducing Method

2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 365,239 | 507,817 | 873,056
As at 31 March 2025 | 365,239 | 507,817 | 873,056
Depreciation
As at 1 April 2024 | 357,516 | 498,645 | 856,161
Provided during the period | 1,931 | 2,293 | 4,224
As at 31 March 2025 | 359,447 | 500,938 | 860,385
Net Book Value
As at 31 March 2025 | 5,792 | 6,879 | 12,671
As at 1 April 2024 | 7,723 | 9,172 | 16,895

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 and 31 March 2025 | 3,185,978

Page 3
Page 4
Karma Assets Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
VAT | 84 |  | 33
Director's loan account | - |  | 14,713
| 84 |  | 14,746
Due after more than one year
Other debtors | - |  | 13,258
| 84 |  | 28,004

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 956 |  | 849
Other creditors (1) | 20,019 |  | -
| 20,975 |  | 849

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 20,538 |  | 36,250
Other creditors | - |  | 17,400
| 20,538 |  | 53,650

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mrs Zivile Kakar | (14,713 ) | - | 14,713 | - | -

The above loan is unsecured, interest free and repayable on demand.
Page 4