Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12602693 Mr Thomas Abrahams Mr Samuel Court Mr Rory Lascelles Mr. Richard Lewis Steele iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12602693 2022-10-31 12602693 2023-10-31 12602693 2022-11-01 2023-10-31 12602693 frs-core:ComputerEquipment 2022-11-01 2023-10-31 12602693 frs-core:FurnitureFittings 2022-11-01 2023-10-31 12602693 frs-core:MotorVehicles 2022-11-01 2023-10-31 12602693 frs-core:PlantMachinery 2022-11-01 2023-10-31 12602693 frs-core:SharePremium 2023-10-31 12602693 frs-core:ShareCapital 2023-10-31 12602693 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12602693 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12602693 frs-bus:AbridgedAccounts 2022-11-01 2023-10-31 12602693 frs-bus:SmallEntities 2022-11-01 2023-10-31 12602693 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12602693 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12602693 frs-bus:Director1 2022-11-01 2023-10-31 12602693 frs-bus:Director2 2022-11-01 2023-10-31 12602693 frs-bus:Director3 2022-11-01 2023-10-31 12602693 frs-bus:Director4 2022-11-01 2023-10-31 12602693 frs-countries:EnglandWales 2022-11-01 2023-10-31 12602693 2021-10-31 12602693 2022-10-31 12602693 2021-11-01 2022-10-31 12602693 frs-core:SharePremium 2022-10-31 12602693 frs-core:ShareCapital 2022-10-31 12602693 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12602693
Konxio Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2023
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 12602693
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 2,632 2,632
Cash at bank and in hand 1,411 5,513
4,043 8,145
Creditors: Amounts Falling Due Within One Year (27,010 ) (18,123 )
NET CURRENT ASSETS (LIABILITIES) (22,967 ) (9,978 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,967 ) (9,978 )
NET LIABILITIES (22,967 ) (9,978 )
CAPITAL AND RESERVES
Called up share capital 5 11 11
Share premium account 157,999 102,999
Profit and Loss Account (180,977 ) (112,988 )
SHAREHOLDERS' FUNDS (22,967) (9,978)
Page 1
Page 2
For the year ending 31 October 2023 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 Profit and Loss Account and an Abridged Balance Sheet for the year end 31 October 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Rory Lascelles
Director
29/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Konxio Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12602693 . The registered office is Mill House, Liphook Road, Haslemere, GU27 3QE.
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% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: )
2 -
4. Tangible Assets
Total
£
Cost
As at 1 November 2022 -
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 -
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 11 11
Page 3