Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 09752310 K Goldstein iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09752310 2024-08-31 09752310 2025-08-31 09752310 2024-09-01 2025-08-31 09752310 frs-core:CurrentFinancialInstruments 2025-08-31 09752310 frs-core:ShareCapital 2025-08-31 09752310 frs-core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 09752310 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-08-31 09752310 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 09752310 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 09752310 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 09752310 frs-bus:SmallEntities 2024-09-01 2025-08-31 09752310 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 09752310 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 09752310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-01 2025-08-31 09752310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-08-31 09752310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-08-31 09752310 frs-bus:Director1 2024-09-01 2025-08-31 09752310 frs-countries:EnglandWales 2024-09-01 2025-08-31 09752310 2023-08-31 09752310 2024-08-31 09752310 2023-09-01 2024-08-31 09752310 frs-core:CurrentFinancialInstruments 2024-08-31 09752310 frs-core:ShareCapital 2024-08-31 09752310 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09752310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-08-31
Registered number: 09752310
KLG Property Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
KLG Property Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
KLG Property Ltd
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 09752310

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 110,625 |  | - |
Debtors | 5 | 393,899 |  | 244,214 |
Investments | 6 | 525,113 |  | 439,786 |
Cash at bank and in hand |  | 177,014 |  | 295,607 |
|  | 1,206,651 |  | 979,607 |
Creditors: Amounts Falling Due Within One Year | 7 | (112,947 ) |  | (213,475 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,093,704 |  | 766,132
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,093,704 |  | 766,132
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (106,660 ) |  | (83,025 )
NET ASSETS |  |  | 987,044 |  | 683,107
CAPITAL AND RESERVES
Called up share capital | 8 |  | 10 |  | 10
Fair value reserve | 9 |  | 418,453 |  | 249,074
Profit and Loss Account |  |  | 568,581 |  | 434,023
SHAREHOLDERS' FUNDS |  |  | 987,044 |  | 683,107

Page 1
Page 2
KLG Property Ltd
Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 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

K Goldstein Director
29 May 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
KLG Property Ltd
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
KLG Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09752310 . The registered office is 119 High Road, Loughton, Essex, IG10 4LT.
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. 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.
2.3. 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, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
KLG Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | 110,625 |  | -

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 220 |  | 220
Other debtors | 393,679 |  | 243,994
| 393,899 |  | 244,214

6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 525,113 |  | 439,786

Current asset investments of £525,113 (2024: £439,786) represent the current funds invested in property developments projects in which the group has a participating interest in the results of these projects, alongside with other investors. Profit or losses from these investments are recognised as and when realised.
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,508 |  | -
Corporation tax | 18,960 |  | -
Other taxes and social security | 47 |  | -
Other creditors | 91,432 |  | 141,675
Director's loan account | - |  | 71,800
| 112,947 |  | 213,475

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10 |  | 10

Page 4
Page 5
KLG Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
9. Reserves

| Fair value reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 September 2024 | 249,074 | 434,023
Profit for the year and total comprehensive income | - | 295,551
Dividends paid | - | (99,200)
Transfer to/from Fair value reserve | - | (61,793)
Transfer to/from Profit & Loss Account | 169,379 | -
As at 31 August 2025 | 418,453 | 568,581

Page 5