Acorah Software Products - Accounts Production 19.3.600 false true 30 June 2021 1 July 2020 false 1 July 2021 30 June 2022 30 June 2022 11393277 Mr Mawuko Banini iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11393277 2021-06-30 11393277 2022-06-30 11393277 2021-07-01 2022-06-30 11393277 frs-core:CurrentFinancialInstruments 2022-06-30 11393277 frs-core:Non-currentFinancialInstruments 2022-06-30 11393277 frs-core:InvestmentPropertyIncludedWithinPPE 2022-06-30 11393277 frs-core:InvestmentPropertyIncludedWithinPPE 2021-07-01 2022-06-30 11393277 frs-core:InvestmentPropertyIncludedWithinPPE 2021-06-30 11393277 frs-core:ShareCapital 2022-06-30 11393277 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30 11393277 frs-bus:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30 11393277 frs-bus:FilletedAccounts 2021-07-01 2022-06-30 11393277 frs-bus:SmallEntities 2021-07-01 2022-06-30 11393277 frs-bus:AuditExempt-NoAccountantsReport 2021-07-01 2022-06-30 11393277 frs-bus:SmallCompaniesRegimeForAccounts 2021-07-01 2022-06-30 11393277 frs-bus:Director1 2021-07-01 2022-06-30 11393277 frs-countries:EnglandWales 2021-07-01 2022-06-30 11393277 2020-06-30 11393277 2021-06-30 11393277 2020-07-01 2021-06-30 11393277 frs-core:CurrentFinancialInstruments 2021-06-30 11393277 frs-core:Non-currentFinancialInstruments 2021-06-30 11393277 frs-core:ShareCapital 2021-06-30 11393277 frs-core:RetainedEarningsAccumulatedLosses 2021-06-30
Registered number: 11393277
KAI ESTATES LTD
Unaudited Financial Statements
For The Year Ended 30 June 2022
BRJF Accountants
CIMA
Unit 12 Guest House Farm
Runshaw Lane
Euxton
Lancashire
PR7 6HD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11393277
2022 2021
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 420,629
- 420,629
CURRENT ASSETS
Debtors 5 - 500
Cash at bank and in hand 10 295
10 795
Creditors: Amounts Falling Due Within One Year 6 (184,470 ) (487,408 )
NET CURRENT ASSETS (LIABILITIES) (184,460 ) (486,613 )
TOTAL ASSETS LESS CURRENT LIABILITIES (184,460 ) (65,984 )
Creditors: Amounts Falling Due After More Than One Year 7 (12,177 ) (12,000 )
NET LIABILITIES (196,637 ) (77,984 )
CAPITAL AND RESERVES
Called up share capital 8 2,001 2,001
Profit and Loss Account (198,638 ) (79,985 )
SHAREHOLDERS' FUNDS (196,637) (77,984)
Page 1
Page 2
For the year ending 30 June 2022 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 Mawuko Banini
Director
21st October 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KAI ESTATES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11393277 . The registered office is Unit 12 Guest House Farm, Runshaw Lane, Euxton, Lancashire, PR7 6HD.
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:
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2021: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 July 2021 420,629
Disposals (420,629 )
As at 30 June 2022 -
Net Book Value
As at 30 June 2022 -
As at 1 July 2021 420,629
Page 3
Page 4
5. Debtors
2022 2021
as restated
£ £
Due within one year
Other debtors - 500
6. Creditors: Amounts Falling Due Within One Year
2022 2021
as restated
£ £
Trade creditors (1 ) (1 )
Other loans 47,611 24,807
Other creditors 136,860 461,317
Taxation and social security - 1,285
184,470 487,408
7. Creditors: Amounts Falling Due After More Than One Year
2022 2021
as restated
£ £
Bank loans 12,177 12,000
8. Share Capital
2022 2021
as restated
£ £
Allotted, Called up and fully paid 2,001 2,001
Page 4