Company Registration No. 12196612 (England and Wales)
KOALA FX LTD
Unaudited accounts
for the year ended 31 March 2024
KOALA FX LTD
Unaudited accounts
Contents
KOALA FX LTD
Company Information
for the year ended 31 March 2024
Directors
Menelaos, Pampoukidis
Daria, Sherman
Company Number
12196612 (England and Wales)
Registered Office
STUDIO E, THE COURTYARD
GLOUCESTER AVENUE
LONDON
NW1 8JD
ENGLAND
KOALA FX LTD
Statement of financial position
as at 31 March 2024
Intangible assets
20,101
25,896
Tangible assets
28,744
26,866
Cash at bank and in hand
678,272
218,731
Creditors: amounts falling due within one year
(439,957)
(355,544)
Net current assets
483,788
168,473
Total assets less current liabilities
532,633
221,235
Provisions for liabilities
Deferred tax
(13,191)
(13,191)
Net assets
519,442
208,044
Called up share capital
100
2
Profit and loss account
519,342
208,042
Shareholders' funds
519,442
208,044
For the year ending 31 March 2024 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 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Daria, Sherman
Director
Company Registration No. 12196612
KOALA FX LTD
Notes to the Accounts
for the year ended 31 March 2024
KOALA FX LTD is a private company, limited by shares, registered in England and Wales, registration number 12196612. The registered office is STUDIO E, THE COURTYARD, GLOUCESTER AVENUE, LONDON, NW1 8JD, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
33.3% Straight Line
Fixtures & fittings
33.3% Straight Line
Computer equipment
33.3% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortization.
4
Intangible fixed assets
Other
KOALA FX LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
17,668
36,900
54,568
Additions
9,914
13,216
23,130
At 31 March 2024
27,582
50,116
77,698
At 1 April 2023
10,599
17,103
27,702
Charge for the year
7,013
14,239
21,252
At 31 March 2024
17,612
31,342
48,954
At 31 March 2024
9,970
18,774
28,744
At 31 March 2023
7,069
19,797
26,866
Amounts falling due within one year
Trade debtors
(514,519)
36,000
Accrued income and prepayments
16,089
13,940
Other debtors
671,903
25,346
Amounts falling due after more than one year
Other debtors
72,000
230,000
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
74,639
26,499
Taxes and social security
158,334
67,241
Loans from directors
(6,676)
41,821
8
Average number of employees
During the year the average number of employees was 9 (2023: 6).