Acorah Software Products - Accounts Production 16.8.310 false true 29 July 2024 30 July 2023 false 30 July 2024 29 July 2025 29 July 2025 12110338 Mr Kenrick Mullings Mr Delroy Dean iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12110338 2024-07-29 12110338 2025-07-29 12110338 2024-07-30 2025-07-29 12110338 frs-core:CurrentFinancialInstruments 2025-07-29 12110338 frs-core:Non-currentFinancialInstruments 2025-07-29 12110338 frs-core:RevaluationReserve 2024-07-29 12110338 frs-core:RevaluationReserve 2025-07-29 12110338 frs-core:ShareCapital 2025-07-29 12110338 frs-core:RetainedEarningsAccumulatedLosses 2024-07-30 2025-07-29 12110338 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-07-29 12110338 frs-core:RetainedEarningsAccumulatedLosses 2025-07-29 12110338 frs-bus:PrivateLimitedCompanyLtd 2024-07-30 2025-07-29 12110338 frs-bus:FilletedAccounts 2024-07-30 2025-07-29 12110338 frs-bus:SmallEntities 2024-07-30 2025-07-29 12110338 frs-bus:AuditExempt-NoAccountantsReport 2024-07-30 2025-07-29 12110338 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-30 2025-07-29 12110338 frs-bus:Director1 2024-07-30 2025-07-29 12110338 frs-bus:Director2 2024-07-30 2025-07-29 12110338 frs-countries:EnglandWales 2024-07-30 2025-07-29 12110338 2023-07-29 12110338 2024-07-29 12110338 2023-07-30 2024-07-29 12110338 frs-core:CurrentFinancialInstruments 2024-07-29 12110338 frs-core:Non-currentFinancialInstruments 2024-07-29 12110338 frs-core:RevaluationReserve 2024-07-29 12110338 frs-core:ShareCapital 2024-07-29 12110338 frs-core:RetainedEarningsAccumulatedLosses 2024-07-29
Registered number: 12110338
KS & N Properties Limited
Unaudited Financial Statements
For The Year Ended 29 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12110338
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 145,000 145,000
145,000 145,000
CURRENT ASSETS
Debtors 5 97,089 97,089
Cash at bank and in hand 4,212 3,698
101,301 100,787
Creditors: Amounts Falling Due Within One Year 6 (28,399 ) (56,866 )
NET CURRENT ASSETS (LIABILITIES) 72,902 43,921
TOTAL ASSETS LESS CURRENT LIABILITIES 217,902 188,921
Creditors: Amounts Falling Due After More Than One Year 7 (132,079 ) (110,417 )
NET ASSETS 85,823 78,504
CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 43,380 43,380
Profit and Loss Account 42,441 35,122
SHAREHOLDERS' FUNDS 85,823 78,504
Page 1
Page 2
For the year ending 29 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 Profit and Loss Account.
On behalf of the board
Mr Delroy Dean
Director
29/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KS & N Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12110338 . The registered office is 45 Donnington Road, Sheffield, S2 2RF.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Investment Property
2025
£
Fair Value
As at 30 July 2024 and 29 July 2025 145,000
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 97,089 97,089
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 6,372 43,484
Other creditors 20,474 11,629
Taxation and social security 1,553 1,753
28,399 56,866
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 132,079 110,417
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 110,409 110,417
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 30 July 2024 43,380 35,122
Profit for the year and total comprehensive income - 7,319
As at 29 July 2025 43,380 42,441
Page 4
Page 5
11. Related Party Transactions
The following amounts were outstanding at the reporting end date:
Amounts due to related parties:
Key management personnel: £19,014 (2024 - 10,669 )
All loans made with related parties are made interest free and repayable on demand.
Page 5