Acorah Software Products - Accounts Production 19.2.350 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 11838707 Mr Luke Osborne Mrs Natalie Osborne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11838707 2025-02-28 11838707 2026-02-28 11838707 2025-03-01 2026-02-28 11838707 frs-core:CurrentFinancialInstruments 2026-02-28 11838707 frs-core:Non-currentFinancialInstruments 2026-02-28 11838707 frs-core:BetweenOneFiveYears 2026-02-28 11838707 frs-core:ComputerEquipment 2026-02-28 11838707 frs-core:ComputerEquipment 2025-03-01 2026-02-28 11838707 frs-core:ComputerEquipment 2025-02-28 11838707 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-01 2026-02-28 11838707 frs-core:FurnitureFittings 2026-02-28 11838707 frs-core:FurnitureFittings 2025-03-01 2026-02-28 11838707 frs-core:FurnitureFittings 2025-02-28 11838707 frs-core:MotorVehicles 2026-02-28 11838707 frs-core:MotorVehicles 2025-03-01 2026-02-28 11838707 frs-core:MotorVehicles 2025-02-28 11838707 frs-core:OtherResidualIntangibleAssets 2026-02-28 11838707 frs-core:OtherResidualIntangibleAssets 2025-02-28 11838707 frs-core:RevaluationReserve 2025-03-01 2026-02-28 11838707 frs-core:RevaluationReserve 2025-02-28 11838707 frs-core:RevaluationReserve 2026-02-28 11838707 frs-core:ShareCapital 2026-02-28 11838707 frs-core:RetainedEarningsAccumulatedLosses 2025-03-01 2026-02-28 11838707 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-02-28 11838707 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 11838707 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11838707 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 11838707 frs-bus:SmallEntities 2025-03-01 2026-02-28 11838707 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 11838707 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11838707 frs-core:CostValuation 2025-02-28 11838707 frs-core:AdditionsToInvestments 2026-02-28 11838707 frs-core:DisposalsRepaymentsInvestments 2026-02-28 11838707 frs-core:RevaluationsIncreaseDecreaseInInvestments 2026-02-28 11838707 frs-core:CostValuation 2026-02-28 11838707 frs-core:ProvisionsForImpairmentInvestments 2025-02-28 11838707 frs-core:ProvisionsForImpairmentInvestments 2026-02-28 11838707 frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-core:UnlistedNon-exchangeTraded 2025-02-28 11838707 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-02-28 11838707 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-02-28 11838707 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2026-02-28 11838707 frs-bus:Director1 2025-03-01 2026-02-28 11838707 frs-bus:Director2 2025-03-01 2026-02-28 11838707 frs-core:CurrentFinancialInstruments 1 2026-02-28 11838707 frs-countries:EnglandWales 2025-03-01 2026-02-28 11838707 2024-02-29 11838707 2025-02-28 11838707 2024-03-01 2025-02-28 11838707 frs-core:CurrentFinancialInstruments 2025-02-28 11838707 frs-core:Non-currentFinancialInstruments 2025-02-28 11838707 frs-core:BetweenOneFiveYears 2025-02-28 11838707 frs-core:WithinOneYear 2025-02-28 11838707 frs-core:RevaluationReserve 2025-02-28 11838707 frs-core:ShareCapital 2025-02-28 11838707 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11838707 frs-core:CurrentFinancialInstruments 1 2025-02-28
Registered number: 11838707
Keyborne Capital Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Keyborne Capital Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
Keyborne Capital Limited
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 11838707

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 17,045 |  | 17,045
Tangible Assets | 5 |  | 3,609 |  | 159,521
Investments | 6 |  | 80,283 |  | 120,575
|  |  | 100,937 |  | 297,141
CURRENT ASSETS
Debtors | 7 | 263,770 |  | 542,921 |
Cash at bank and in hand |  | 2,133,619 |  | 85,519 |
|  | 2,397,389 |  | 628,440 |
Creditors: Amounts Falling Due Within One Year | 8 | (842,948 ) |  | (96,037 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,554,441 |  | 532,403
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,655,378 |  | 829,544
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (60,406 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (902 ) |  | (8,715 )
NET ASSETS |  |  | 1,654,476 |  | 760,423
CAPITAL AND RESERVES
Called up share capital | 11 |  | 2 |  | 2
Revaluation reserve | 12 |  | 9,790 |  | -
Profit and Loss Account |  |  | 1,644,684 |  | 760,421
SHAREHOLDERS' FUNDS |  |  | 1,654,476 |  | 760,423

Page 1
Page 2
Keyborne Capital Limited
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 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 Luke Osborne Director
19/05/2026

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Keyborne Capital Limited
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
Keyborne Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11838707 . The registered office is Riddingtons Ltd, The Old Barn, Wood Street, Swanley , Kent, BR8 7PA.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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:

Motor Vehicles | 15% on reducing balance
Fixtures & Fittings | 15% on reducing balance
Computer Equipment | 15% on reducing balance

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
Keyborne Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.6. 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 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 March 2025 | 17,045
As at 28 February 2026 | 17,045
Net Book Value
As at 28 February 2026 | 17,045
As at 1 March 2025 | 17,045

Page 4
Page 5
Keyborne Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 March 2025 | 253,583 | 1,097 | 5,030 | 259,710
Additions | - | - | 457 | 457
Disposals | (253,583 ) | - | - | (253,583 )
As at 28 February 2026 | - | 1,097 | 5,487 | 6,584
Depreciation
As at 1 March 2025 | 97,851 | 523 | 1,815 | 100,189
Provided during the period | - | 86 | 551 | 637
Disposals | (97,851 ) | - | - | (97,851 )
As at 28 February 2026 | - | 609 | 2,366 | 2,975
Net Book Value
As at 28 February 2026 | - | 488 | 3,121 | 3,609
As at 1 March 2025 | 155,732 | 574 | 3,215 | 159,521

6. Investments

| Unlisted | Other | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 March 2025 | 20,575 | 100,000 | 120,575
Additions | 53 | 240 | 293
Disposals | (375 ) | (50,000 ) | (50,375 )
Revaluations | - | 9,790 | 9,790
As at 28 February 2026 | 20,253 | 60,030 | 80,283
Provision
As at 1 March 2025 | - | - | -
As at 28 February 2026 | - | - | -
Net Book Value
As at 28 February 2026 | 20,253 | 60,030 | 80,283
As at 1 March 2025 | 20,575 | 100,000 | 120,575

Page 5
Page 6
Keyborne Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
Urban & Provincial Ltd
Registered office: Thomas Glover House, 3 Weaver Walk, London, SE27 0TT
Nature of business: Property Development
% 28/02/2025
Class of share: Holding £
Ordinary shares of £1.00 Each 15.00 150
Leacon Road Holdings Ltd
Registered office: The Old Barn, Wood Street, Swanley, England, BR8 7PA
Nature of business: Property Development
% 28/02/2025
Class of share: Holding £
Ordinary shares of £1.00 Each 25.00 25
Whyteleafe Holdings Ltd
Registered office: The Old Barn, Wood Street, Swanley, England, BR8 7PA
Nature of business: Property Development
% 28/02/2025
Class of share: Holding £
Ordinary shares of £1.00 Each 28.00 28
Boreham Homes Ltd
Registered office: Thomas Glover House, 3 Weaver Walk, London, SE27 0TT
Nature of business: Property Development
% 28/02/2025
Class of share: Holding £
Ordinary shares of £1.00 Each 50.00 50
Redbrook Commercial Ltd
Registered office: Thomas Glover House, 3 Weaver Walk, London, SE27 0TT
Nature of business: Property Development
% 28/02/2025
Class of share: Holding £
Ordinary shares of £1.00 Each 20,000.00 20,000
7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 11,493
Other debtors | 10,950 |  | 30,250
Intercompany | 252,820 |  | 232,874
Directors' loan accounts | - |  | 268,304
| 263,770 |  | 542,921

Page 6
Page 7
Keyborne Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 31,085
Trade creditors | 57,500 |  | 58,100
Corporation tax | 441,513 |  | (40 )
Other taxes and social security | - |  | 2,214
VAT | 341,229 |  | 2,451
Other creditors | 1,739 |  | 1,227
Inter-company | - |  | 1,000
Directors' loan accounts | 967 |  | -
| 842,948 |  | 96,037

9. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 60,406

10. Obligations Under Finance Leases and Hire Purchase

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | - |  | 31,085
Later than one year and not later than five years | - |  | 60,406
| - |  | 91,491
| - |  | 91,491

11. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 7
Page 8
Keyborne Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
12. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 March 2025 | - | 760,421
Profit for year | - | 1,277,052
Surplus on revaluation | 9,790 | -
Other comprehensive income for the year | 9,790 | -
Total comprehensive income for the year | 9,790 | 1,277,052
Dividends paid | - | (383,000)
Transfer from revaluation reserve | - | (9,789)
As at 28 February 2026 | 9,790 | 1,644,684

13. Related Party Transactions
Included in the Other Debtors is an amount of £252,820 (2025 - £231,320) owed by Boreham Homes Ltd, a company Mr L Osborne is a director. No repayment terms have been set and no interest is to be charged.
During the year the company charged consultancy to the following companies, all of which Mr L Osborne is a director.
Urban & Provincial Ltd - £12,546
Laker Industrial BR3 Ltd - £117,833
Shakespeare Road SE24 Ltd - £2,034,232
Included in the Other creditors is an amount of £967 (£268,304 in 2025 in Debtors) loaned to the directors Mr L Osborne & Ms N Cooper.
Page 8