Acorah Software Products - Accounts Production 16.7.461 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 14090194 Mr Benjamin Katz-Crowther Sarah Katz-Crowther iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14090194 2024-05-31 14090194 2025-05-31 14090194 2024-06-01 2025-05-31 14090194 frs-core:CurrentFinancialInstruments 2025-05-31 14090194 frs-core:Non-currentFinancialInstruments 2025-05-31 14090194 frs-core:ShareCapital 2025-05-31 14090194 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 14090194 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14090194 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 14090194 frs-bus:SmallEntities 2024-06-01 2025-05-31 14090194 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14090194 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14090194 frs-bus:Director1 2024-06-01 2025-05-31 14090194 frs-bus:Director2 2024-06-01 2025-05-31 14090194 frs-countries:EnglandWales 2024-06-01 2025-05-31 14090194 2023-05-31 14090194 2024-05-31 14090194 2023-06-01 2024-05-31 14090194 frs-core:CurrentFinancialInstruments 2024-05-31 14090194 frs-core:Non-currentFinancialInstruments 2024-05-31 14090194 frs-core:ShareCapital 2024-05-31 14090194 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Katz-Crowther Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14090194
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 511,761 293,929
511,761 293,929
CURRENT ASSETS
Debtors 5 2,995 360
Cash at bank and in hand 687 12,948
3,682 13,308
Creditors: Amounts Falling Due Within One Year 6 (153,833 ) (98,410 )
NET CURRENT ASSETS (LIABILITIES) (150,151 ) (85,102 )
TOTAL ASSETS LESS CURRENT LIABILITIES 361,610 208,827
Creditors: Amounts Falling Due After More Than One Year 7 (353,497 ) (203,497 )
NET ASSETS 8,113 5,330
CAPITAL AND RESERVES
Called up share capital 8 360 360
Profit and Loss Account 7,753 4,970
SHAREHOLDERS' FUNDS 8,113 5,330
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 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 Benjamin Katz-Crowther
Director
16/12/2025
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
Katz-Crowther Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14090194 . The registered office is 25 Dry Hill Road, Tonbridge, TN9 1LU.
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 rents received from investment property.
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.
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, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 June 2024 293,929
Additions 217,832
As at 31 May 2025 511,761
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,635 -
Called up share capital not paid 360 360
2,995 360
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 887 979
Other creditors 2,635 -
Accruals and deferred income 480 384
Directors' loan accounts 149,831 97,047
153,833 98,410
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 353,497 203,497
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 360 360
Amount of Allotted, Called Up Share Capital 360 360
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 1,000 1,000
Page 4