Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03878101 Mr Jagjit Rai iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03878101 2024-03-31 03878101 2025-03-31 03878101 2024-04-01 2025-03-31 03878101 frs-core:CurrentFinancialInstruments 2025-03-31 03878101 frs-core:Non-currentFinancialInstruments 2025-03-31 03878101 frs-core:ComputerEquipment 2025-03-31 03878101 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03878101 frs-core:ComputerEquipment 2024-03-31 03878101 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03878101 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03878101 frs-core:MotorVehicles 2025-03-31 03878101 frs-core:MotorVehicles 2024-04-01 2025-03-31 03878101 frs-core:MotorVehicles 2024-03-31 03878101 frs-core:ShareCapital 2025-03-31 03878101 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03878101 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03878101 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03878101 frs-bus:SmallEntities 2024-04-01 2025-03-31 03878101 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03878101 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03878101 frs-core:CostValuation 2024-03-31 03878101 frs-core:AdditionsToInvestments 2025-03-31 03878101 frs-core:DisposalsRepaymentsInvestments 2025-03-31 03878101 frs-core:CostValuation 2025-03-31 03878101 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 03878101 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 03878101 frs-core:UnlistedNon-exchangeTraded 2025-03-31 03878101 frs-core:UnlistedNon-exchangeTraded 2024-03-31 03878101 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 03878101 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 03878101 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 03878101 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 03878101 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 03878101 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 03878101 frs-bus:Director1 2024-04-01 2025-03-31 03878101 frs-core:CurrentFinancialInstruments 2 2025-03-31 03878101 frs-core:CurrentFinancialInstruments 3 2025-03-31 03878101 frs-countries:EnglandWales 2024-04-01 2025-03-31 03878101 2023-03-31 03878101 2024-03-31 03878101 2023-04-01 2024-03-31 03878101 frs-core:CurrentFinancialInstruments 2024-03-31 03878101 frs-core:Non-currentFinancialInstruments 2024-03-31 03878101 frs-core:ShareCapital 2024-03-31 03878101 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03878101 frs-core:CurrentFinancialInstruments 2 2024-03-31 03878101 frs-core:CurrentFinancialInstruments 3 2024-03-31
Registered number: 03878101
5K Design & Build Limited
Financial Statements
For The Year Ended 31 March 2025
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03878101
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 14,433 2,199
Investments 4 1,569,752 1,374,993
1,584,185 1,377,192
CURRENT ASSETS
Stocks 5 32,585 19,055
Debtors 6 631,507 793,085
Investments 7 604,038 604,038
Cash at bank and in hand 543,707 626,139
1,811,837 2,042,317
Creditors: Amounts Falling Due Within One Year 8 (311,818 ) (373,210 )
NET CURRENT ASSETS (LIABILITIES) 1,500,019 1,669,107
TOTAL ASSETS LESS CURRENT LIABILITIES 3,084,204 3,046,299
Creditors: Amounts Falling Due After More Than One Year 9 (13,077 ) (23,240 )
NET ASSETS 3,071,127 3,023,059
CAPITAL AND RESERVES
Called up share capital 10 150 150
Profit and Loss Account 3,070,977 3,022,909
SHAREHOLDERS' FUNDS 3,071,127 3,023,059
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 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 Jagjit Rai
Director
5 January 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold No depreciation
Motor Vehicles 25% Reducing balance basis
Fixtures & Fittings 25% Reducing balance basis
Computer Equipment 25% Reducing balance basis
1.4. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.
Investment properties should be included in the balance sheet at their open market value.
1.5. 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.
1.6. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
1.7. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
Page 3
Page 4
3. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 42,948 10,923 53,871
Additions 16,325 719 17,044
As at 31 March 2025 59,273 11,642 70,915
Depreciation
As at 1 April 2024 42,455 9,217 51,672
Provided during the period 4,205 605 4,810
As at 31 March 2025 46,660 9,822 56,482
Net Book Value
As at 31 March 2025 12,613 1,820 14,433
As at 1 April 2024 493 1,706 2,199
4. Investments
Unlisted Other Total
£ £ £
Cost
As at 1 April 2024 100,000 1,274,993 1,374,993
Additions - 294,759 294,759
Disposals (100,000 ) - (100,000 )
As at 31 March 2025 - 1,569,752 1,569,752
Provision
As at 1 April 2024 - - -
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 - 1,569,752 1,569,752
As at 1 April 2024 100,000 1,274,993 1,374,993
5. Stocks
2025 2024
£ £
Work in progress 32,585 19,055
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,108 184,333
Prepayments and accrued income 9,543 -
VAT 27,824 18,720
Amounts owed by associates 590,032 590,032
631,507 793,085
7. Current Asset Investments
2025 2024
£ £
Other investments, held for sale 604,038 604,038
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 21,838 11,134
Corporation tax 13,977 72,184
PAYE & CIS Control 4,327 5,228
Other creditors - Shareholders 174,700 179,700
Other creditors - Credit card 4,525 1,337
Other creditors - Pension Control ( Nest ) 449 381
Accruals and deferred income 1,750 1,750
Director's loan account 90,252 101,496
311,818 373,210
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 13,077 23,240
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 150 150
11. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 7,500 39,000
Page 5