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Company Registration No. 07876133 (England and Wales)
Koinobori LTD Unaudited accounts for the year ended 31 December 2023
Koinobori LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,240 
32,487 
Tangible assets
120,101 
115,669 
148,341 
148,156 
Current assets
Inventories
500 
500 
Debtors
67,873 
88,507 
Cash at bank and in hand
665,769 
912,556 
734,142 
1,001,563 
Creditors: amounts falling due within one year
(149,997)
(344,224)
Net current assets
584,145 
657,339 
Total assets less current liabilities
732,486 
805,495 
Provisions for liabilities
Deferred tax
(3,841)
(4,704)
Net assets
728,645 
800,791 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
728,644 
800,790 
Shareholders' funds
728,645 
800,791 
For the year ending 31 December 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 October 2024 and were signed on its behalf by
Motoko Priestman Director Company Registration No. 07876133
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Koinobori LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Koinobori LTD is a private company, limited by shares, registered in England and Wales, registration number 07876133. The registered office is 14, Northway Road, London, se5 9an.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Which is calculated using a estimated useful life of 10-16 years
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
9 years
Motor vehicles
5 years
Fixtures & fittings
5 years
Computer equipment
4 years
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2023
60,000 
4,975 
64,975 
At 31 December 2023
60,000 
4,975 
64,975 
Amortisation
At 1 January 2023
30,000 
2,488 
32,488 
Charge for the year
3,750 
497 
4,247 
At 31 December 2023
33,750 
2,985 
36,735 
Net book value
At 31 December 2023
26,250 
1,990 
28,240 
At 31 December 2022
30,000 
2,487 
32,487 
- 3 -
Koinobori LTD Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
1,800 
98,784 
31,530 
90,907 
5,097 
228,118 
Additions
- 
9,275 
- 
35,376 
1,441 
46,092 
At 31 December 2023
1,800 
108,059 
31,530 
126,283 
6,538 
274,210 
Depreciation
At 1 January 2023
789 
61,406 
25,224 
23,474 
1,556 
112,449 
Charge for the year
113 
9,331 
6,306 
24,602 
1,308 
41,660 
At 31 December 2023
902 
70,737 
31,530 
48,076 
2,864 
154,109 
Net book value
At 31 December 2023
898 
37,322 
- 
78,207 
3,674 
120,101 
At 31 December 2022
1,011 
37,378 
6,306 
67,433 
3,541 
115,669 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,316 
15,568 
Amounts due from group undertakings etc.
1,256 
- 
Accrued income and prepayments
21,882 
1,975 
25,454 
17,543 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
36,629 
68,794 
Other debtors
5,790 
2,170 
42,419 
70,964 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
73,764 
7,366 
Trade creditors
57,620 
23,058 
Taxes and social security
53,116 
136,848 
Other creditors
49,191 
35,070 
Loans from directors
(89,726)
113,995 
Accruals
5,582 
27,887 
Deferred income
450 
- 
149,997 
344,224 
- 4 -
Koinobori LTD Notes to the Accounts for the year ended 31 December 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
3,841 
4,704 
2023 
2022 
£ 
£ 
Provision at start of year
4,704 
9,461 
Credited to the profit and loss account
(863)
(4,757)
Provision at end of year
3,841 
4,704 
9
Capital commitments
2023 
2022 
£ 
£ 
None
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loan paid to director at HMRC standard interest rate
- 
89,726 
- 
89,726 
- 
89,726 
- 
89,726 
None
11
Transactions with related parties
Intercompany debtor of £36,629 is receivable from Sobi Limited which a related party through common owership and control.
12
Average number of employees
During the year the average number of employees was 32 (2022: 27).
- 5 -