Acorah Software Products - Accounts Production 19.4.351 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 12599020 Mr Anthony Barrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12599020 2025-05-31 12599020 2026-05-31 12599020 2025-06-01 2026-05-31 12599020 frs-core:CurrentFinancialInstruments 2026-05-31 12599020 frs-core:Non-currentFinancialInstruments 2026-05-31 12599020 frs-core:MotorVehicles 2026-05-31 12599020 frs-core:MotorVehicles 2025-06-01 2026-05-31 12599020 frs-core:MotorVehicles 2025-05-31 12599020 frs-core:PlantMachinery 2026-05-31 12599020 frs-core:PlantMachinery 2025-06-01 2026-05-31 12599020 frs-core:PlantMachinery 2025-05-31 12599020 frs-core:ShareCapital 2026-05-31 12599020 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 12599020 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 12599020 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 12599020 frs-bus:SmallEntities 2025-06-01 2026-05-31 12599020 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 12599020 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 12599020 frs-bus:Director1 2025-06-01 2026-05-31 12599020 frs-countries:EnglandWales 2025-06-01 2026-05-31 12599020 2024-05-31 12599020 2025-05-31 12599020 2024-06-01 2025-05-31 12599020 frs-core:CurrentFinancialInstruments 2025-05-31 12599020 frs-core:Non-currentFinancialInstruments 2025-05-31 12599020 frs-core:ShareCapital 2025-05-31 12599020 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 12599020
Monaco of Kensington Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2026
CS Accountancy
Sutcliffe
Bromley Green Road
Ashford
Kent
TN26 2EG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12599020
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,137 1,137
1,137 1,137
CURRENT ASSETS
Stocks 5 17,697 15,430
Debtors 6 75,849 58,947
Cash at bank and in hand 39,330 38,515
132,876 112,892
Creditors: Amounts Falling Due Within One Year 7 (121,268 ) (127,988 )
NET CURRENT ASSETS (LIABILITIES) 11,608 (15,096 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,745 (13,959 )
Creditors: Amounts Falling Due After More Than One Year 8 (50,469 ) (27,190 )
NET LIABILITIES (37,724 ) (41,149 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (37,725 ) (41,150 )
SHAREHOLDERS' FUNDS (37,724) (41,149)
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 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
Mr Anthony Barrell
Director
12/09/2026
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
Monaco of Kensington Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12599020 . The registered office is 28 Astwood Mews, London, SW7 4DE.
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. 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:
Plant & Machinery 25%
Motor Vehicles 10%
2.4. 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.
2.5. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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: 4 (2025: 3)
4 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2025 6,390 500 6,890
As at 31 May 2026 6,390 500 6,890
Depreciation
As at 1 June 2025 5,703 50 5,753
As at 31 May 2026 5,703 50 5,753
Net Book Value
As at 31 May 2026 687 450 1,137
As at 1 June 2025 687 450 1,137
5. Stocks
2026 2025
£ £
Stock 17,697 15,430
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,092 5,324
Prepayments and accrued income 28,944 15,473
Other debtors 44,813 38,150
75,849 58,947
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 98,014 105,442
Other taxes and social security 3,864 2,662
VAT 17,594 16,476
Accruals and deferred income 1,796 3,408
121,268 127,988
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other loans 50,469 27,190
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
Page 5