Acorah Software Products - Accounts Production 16.8.310 false true true false 1 October 2024 31 July 2025 31 July 2025 15989993 Dr V Thankey Mrs P V Thankey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15989993 2024-09-30 15989993 2025-07-31 15989993 2024-10-01 2025-07-31 15989993 frs-core:CurrentFinancialInstruments 2025-07-31 15989993 frs-core:Non-currentFinancialInstruments 2025-07-31 15989993 frs-core:PlantMachinery 2025-07-31 15989993 frs-core:PlantMachinery 2024-10-01 2025-07-31 15989993 frs-core:PlantMachinery 2024-09-30 15989993 frs-core:ShareCapital 2025-07-31 15989993 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 15989993 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-07-31 15989993 frs-bus:FilletedAccounts 2024-10-01 2025-07-31 15989993 frs-bus:SmallEntities 2024-10-01 2025-07-31 15989993 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-07-31 15989993 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-07-31 15989993 frs-bus:Director1 2024-10-01 2025-07-31 15989993 frs-bus:Director1 2024-09-30 15989993 frs-bus:Director1 2025-07-31 15989993 frs-bus:Director2 2024-10-01 2025-07-31 15989993 frs-core:CurrentFinancialInstruments 4 2025-07-31 15989993 frs-countries:EnglandWales 2024-10-01 2025-07-31
Registered number: 15989993
Kalkey Ltd
Unaudited Financial Statements
For the Period 1 October 2024 to 31 July 2025
Strategic Partnership
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 15989993
31 July 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 20,155
20,155
CURRENT ASSETS
Debtors 5 4,089
Cash at bank and in hand 36,019
40,108
Creditors: Amounts Falling Due Within One Year 6 (43,404 )
NET CURRENT ASSETS (LIABILITIES) (3,296 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,859
NET ASSETS 16,859
CAPITAL AND RESERVES
Called up share capital 7 100
Income Statement 16,759
SHAREHOLDERS' FUNDS 16,859
For the period ending 31 July 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
Dr V Thankey
Director
9 January 2026
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Kalkey Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15989993 . The registered office is 5 Ullapool Street, Lubbesthorpe, Leicester, LE19 4EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
These financial statements for the period ended 31 July 2025 are the first financial statements of Kalkey Ltd prepared in accordance with FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of adoption to FRS 102 (Section 1A) was 01 October 2024.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Tangible Fixed Assets and 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:
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
Plant & Machinery 25% Reducing balance method
2.5. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred Tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Page 3
2.8. Critical Accounting Judgements and Key Sources of Estimation Uncertainity
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2024 -
Additions 26,874
As at 31 July 2025 26,874
Depreciation
As at 1 October 2024 -
Provided during the period 6,719
As at 31 July 2025 6,719
Net Book Value
As at 31 July 2025 20,155
As at 1 October 2024 -
5. Debtors
31 July 2025
£
Due within one year
Prepayments and accrued income 2,450
Directors' loan accounts 1,539
3,989
Due after more than one year
Other debtors 100
4,089
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Page 4
6. Creditors: Amounts Falling Due Within One Year
31 July 2025
£
Corporation tax 17,258
Other taxes and social security 1,809
Company Credit Card 4,337
Short term loans 20,000
43,404
7. Share Capital
31 July 2025
£
Allotted, Called up and fully paid 100
During the period, the company issued 100 Ordinary Shares for the nominal value of £1 per share. As at 31 July 2025 there are 100 Ordinary Shares in issue.
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 31 July 2025
£ £ £ £ £
Dr Viraj Thankey - 101,439 (102,978 ) - 1,539
The above loan is repaid within 9 months from period end.
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