Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04698631 Mr Deniz Karaman Mr Kenan Karaman Yee Karaman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04698631 2024-03-31 04698631 2025-03-31 04698631 2024-04-01 2025-03-31 04698631 frs-core:CurrentFinancialInstruments 2025-03-31 04698631 frs-core:ShareCapital 2025-03-31 04698631 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04698631 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04698631 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04698631 frs-bus:SmallEntities 2024-04-01 2025-03-31 04698631 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04698631 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04698631 frs-bus:Director1 2024-04-01 2025-03-31 04698631 frs-bus:Director2 2024-04-01 2025-03-31 04698631 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04698631 frs-core:CurrentFinancialInstruments 9 2025-03-31 04698631 frs-countries:EnglandWales 2024-04-01 2025-03-31 04698631 2023-03-31 04698631 2024-03-31 04698631 2023-04-01 2024-03-31 04698631 frs-core:CurrentFinancialInstruments 2024-03-31 04698631 frs-core:ShareCapital 2024-03-31 04698631 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04698631 frs-core:CurrentFinancialInstruments 9 2024-03-31
Registered number: 04698631
Kara Management Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
UCS Accountants
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04698631
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 29,655,000 30,005,000
29,655,000 30,005,000
CURRENT ASSETS
Debtors 5 87,445 159,430
Cash at bank and in hand 238,260 443,223
325,705 602,653
Creditors: Amounts Falling Due Within One Year 6 (2,315,158 ) (3,434,764 )
NET CURRENT ASSETS (LIABILITIES) (1,989,453 ) (2,832,111 )
TOTAL ASSETS LESS CURRENT LIABILITIES 27,665,547 27,172,889
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (4,555,735 ) (4,608,553 )
NET ASSETS 23,109,812 22,564,336
CAPITAL AND RESERVES
Called up share capital 8 3,000 3,000
Profit and Loss Account 23,106,812 22,561,336
SHAREHOLDERS' FUNDS 23,109,812 22,564,336
Page 1
Page 2
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 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 Deniz Karaman
Director
3 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kara Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04698631 . The registered office is Unit 6 Haslemere Business, Centre Lincoln Way, Enfield, Middlesex, EN1 1TE.
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, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. 
2.4. 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, excluding directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 30,005,000
Disposals (350,000 )
As at 31 March 2025 29,655,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 8,352,531 8,587,173
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 87,445 156,662
Prepayments and accrued income - 2,768
87,445 159,430
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 38,563 10,588
Corporation tax 215,172 234,291
VAT 7,015 7,496
Accrued expenses 2,000 2,300
Amounts owed to related parties 2,052,408 3,180,089
2,315,158 3,434,764
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 4,555,735 4,608,553
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3,000 3,000
Page 4