Acorah Software Products - Accounts Production 16.8.200 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 09810693 C Manning R Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09810693 2024-10-31 09810693 2025-10-31 09810693 2024-11-01 2025-10-31 09810693 frs-core:CurrentFinancialInstruments 2025-10-31 09810693 frs-core:ComputerEquipment 2025-10-31 09810693 frs-core:ComputerEquipment 2024-11-01 2025-10-31 09810693 frs-core:ComputerEquipment 2024-10-31 09810693 frs-core:MotorVehicles 2025-10-31 09810693 frs-core:MotorVehicles 2024-11-01 2025-10-31 09810693 frs-core:MotorVehicles 2024-10-31 09810693 frs-core:PlantMachinery 2025-10-31 09810693 frs-core:PlantMachinery 2024-11-01 2025-10-31 09810693 frs-core:PlantMachinery 2024-10-31 09810693 frs-core:ShareCapital 2025-10-31 09810693 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 09810693 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09810693 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 09810693 frs-bus:SmallEntities 2024-11-01 2025-10-31 09810693 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09810693 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09810693 frs-core:DeferredTaxation 2024-11-01 2025-10-31 09810693 frs-core:DeferredTaxation 2024-10-31 09810693 frs-core:DeferredTaxation 2025-10-31 09810693 frs-bus:Director1 2024-11-01 2025-10-31 09810693 frs-bus:Director2 2024-11-01 2025-10-31 09810693 frs-countries:EnglandWales 2024-11-01 2025-10-31 09810693 2023-10-31 09810693 2024-10-31 09810693 2023-11-01 2024-10-31 09810693 frs-core:CurrentFinancialInstruments 2024-10-31 09810693 frs-core:ShareCapital 2024-10-31 09810693 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 09810693
Key Partners Limited
Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09810693
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,046 35,298
26,046 35,298
CURRENT ASSETS
Debtors 5 340 54,970
Cash at bank and in hand 76,741 46,552
77,081 101,522
Creditors: Amounts Falling Due Within One Year 6 (65,183 ) (89,475 )
NET CURRENT ASSETS (LIABILITIES) 11,898 12,047
TOTAL ASSETS LESS CURRENT LIABILITIES 37,944 47,345
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,652 ) (8,824 )
NET ASSETS 31,292 38,521
CAPITAL AND RESERVES
Called up share capital 8 300 300
Income Statement 30,992 38,221
SHAREHOLDERS' FUNDS 31,292 38,521
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For the year ending 31 October 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 Income Statement.
On behalf of the board
C Manning
Director
R Robertson
Director
12 January 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Key Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09810693 . The registered office is Furze Hills Simmondstone Lane, Churt, Farnham, Surrey, GU10 2HT.
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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. 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 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on cost
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.
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2.5. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 5,035 58,390 5,780 69,205
As at 31 October 2025 5,035 58,390 5,780 69,205
Depreciation
As at 1 November 2024 3,132 26,914 3,861 33,907
Provided during the period 476 7,869 907 9,252
As at 31 October 2025 3,608 34,783 4,768 43,159
Net Book Value
As at 31 October 2025 1,427 23,607 1,012 26,046
As at 1 November 2024 1,903 31,476 1,919 35,298
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 340 54,970
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 11,996 66,050
Other creditors 23,034 6,043
Taxation and social security 30,153 17,382
65,183 89,475
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7. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 November 2024 8,824 8,824
Utilised (2,172 ) (2,172)
Balance at 31 October 2025 6,652 6,652
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 300 300
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