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Company Registration No. 09652259 (England and Wales)
KORIS MANAGEMENT LIMITED Unaudited accounts for the year ended 30 June 2024
KORIS MANAGEMENT LIMITED Unaudited accounts Contents
Page
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KORIS MANAGEMENT LIMITED Company Information for the year ended 30 June 2024
Director
Jacob Koris
Company Number
09652259 (England and Wales)
Registered Office
45 Oliver Road Oxford OX4 2JQ UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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KORIS MANAGEMENT LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
91,321 
79,012 
Cash at bank and in hand
2,029 
4,010 
93,350 
83,022 
Creditors: amounts falling due within one year
(13,571)
(10,569)
Net current assets
79,779 
72,453 
Net assets
79,779 
72,453 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
79,778 
72,452 
Shareholders' funds
79,779 
72,453 
For the year ending 30 June 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 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 3 October 2024 and were signed on its behalf by
Jacob Koris Director Company Registration No. 09652259
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KORIS MANAGEMENT LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
KORIS MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09652259. The registered office is 45 Oliver Road, Oxford, OX4 2JQ, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Computer equipment
33% Straight Line
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KORIS MANAGEMENT LIMITED Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,732 
At 30 June 2024
1,732 
Depreciation
At 1 July 2023
1,732 
At 30 June 2024
1,732 
Net book value
At 30 June 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
91,321 
79,012 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,718 
588 
Loans from directors
11,494 
9,622 
Accruals
359 
359 
13,571 
10,569 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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