Acorah Software Products - Accounts Production 19.4.300 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 SC129566 Ms Alison Kennedy Mr David Kennedy Ms Alison Kennedy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC129566 2025-05-31 SC129566 2026-05-31 SC129566 2025-06-01 2026-05-31 SC129566 frs-core:ComputerEquipment 2025-06-01 2026-05-31 SC129566 frs-core:FurnitureFittings 2025-06-01 2026-05-31 SC129566 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-01 2026-05-31 SC129566 frs-core:MotorVehicles 2025-06-01 2026-05-31 SC129566 frs-core:PlantMachinery 2025-06-01 2026-05-31 SC129566 frs-core:ShareCapital 2026-05-31 SC129566 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 SC129566 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 SC129566 frs-bus:AbridgedAccounts 2025-06-01 2026-05-31 SC129566 frs-bus:SmallEntities 2025-06-01 2026-05-31 SC129566 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 SC129566 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 SC129566 frs-bus:Director1 2025-06-01 2026-05-31 SC129566 frs-bus:Director2 2025-06-01 2026-05-31 SC129566 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 SC129566 frs-countries:Scotland 2025-06-01 2026-05-31 SC129566 2024-05-31 SC129566 2025-05-31 SC129566 2024-06-01 2025-05-31 SC129566 frs-core:ShareCapital 2025-05-31 SC129566 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: SC129566
KFC 2022 Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2026
Seavor (South Cumbria) Limited
Chartered Accountants
12 The Office, Mardale Road
Penrith
Cumbria
CA11 9EH
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC129566
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 301,689 310,375
301,689 310,375
CURRENT ASSETS
Debtors 18,109 39,276
Cash at bank and in hand 18,567 8,723
36,676 47,999
Creditors: Amounts Falling Due Within One Year (1,510 ) (11,512 )
NET CURRENT ASSETS (LIABILITIES) 35,166 36,487
TOTAL ASSETS LESS CURRENT LIABILITIES 336,855 346,862
PROVISIONS FOR LIABILITIES
Deferred Taxation 5 (3,139 ) (3,745 )
NET ASSETS 333,716 343,117
CAPITAL AND RESERVES
Called up share capital 6 7,650 7,650
Profit and Loss Account 326,066 335,467
SHAREHOLDERS' FUNDS 333,716 343,117
Page 1
Page 2
For the year ending 31 May 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr David Kennedy
Director
4 August 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
KFC 2022 Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC129566 . The registered office is Bordeaux House, 31 Kinnoull Street, Perth, Perthshire, PH1 5EN.
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. 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:
Freehold 2.5% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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, including directors, during the year was: 2 (2025: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 June 2025 507,647
As at 31 May 2026 507,647
Depreciation
As at 1 June 2025 197,272
Provided during the period 8,686
As at 31 May 2026 205,958
Net Book Value
As at 31 May 2026 301,689
As at 1 June 2025 310,375
5. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Other timing differences 3,139 3,745
6. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 7,650 7,650
Page 4