Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 4 January 2022 false 1 February 2023 31 January 2024 31 January 2024 13827038 Mr D P Blakemore Mrs D Blakemore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13827038 2023-01-31 13827038 2024-01-31 13827038 2023-02-01 2024-01-31 13827038 frs-core:CurrentFinancialInstruments 2024-01-31 13827038 frs-core:ComputerEquipment 2024-01-31 13827038 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13827038 frs-core:ComputerEquipment 2023-01-31 13827038 frs-core:FurnitureFittings 2024-01-31 13827038 frs-core:FurnitureFittings 2023-02-01 2024-01-31 13827038 frs-core:FurnitureFittings 2023-01-31 13827038 frs-core:PlantMachinery 2024-01-31 13827038 frs-core:PlantMachinery 2023-02-01 2024-01-31 13827038 frs-core:PlantMachinery 2023-01-31 13827038 frs-core:ShareCapital 2024-01-31 13827038 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13827038 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13827038 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13827038 frs-bus:SmallEntities 2023-02-01 2024-01-31 13827038 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13827038 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13827038 frs-bus:Director1 2023-02-01 2024-01-31 13827038 frs-bus:Director2 2023-02-01 2024-01-31 13827038 frs-countries:EnglandWales 2023-02-01 2024-01-31 13827038 2022-01-03 13827038 2023-01-31 13827038 2022-01-04 2023-01-31 13827038 frs-core:CurrentFinancialInstruments 2023-01-31 13827038 frs-core:ShareCapital 2023-01-31 13827038 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13827038
Koyo Hair Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13827038
31 January 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,320 7,421
7,320 7,421
CURRENT ASSETS
Debtors 5 3,680 5,750
Cash at bank and in hand 2,047 3,526
5,727 9,276
Creditors: Amounts Falling Due Within One Year 6 (11,195 ) (8,286 )
NET CURRENT ASSETS (LIABILITIES) (5,468 ) 990
TOTAL ASSETS LESS CURRENT LIABILITIES 1,852 8,411
PROVISIONS FOR LIABILITIES
Deferred Taxation (420 ) -
NET ASSETS 1,432 8,411
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,332 8,311
SHAREHOLDERS' FUNDS 1,432 8,411
Page 1
Page 2
For the year ending 31 January 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.
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 D P Blakemore
Director
12/10/2024
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
Koyo Hair Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13827038 . The registered office is 74 Unit 74, Pannier Market, Truro, Cornwall, TR1 2LL.
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, excluding discounts, rebates, value added tax and other sales taxes.
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% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different fromthose in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws thathave been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 4,738 2,350 2,267 9,355
Additions - - 2,619 2,619
As at 31 January 2024 4,738 2,350 4,886 11,974
Depreciation
As at 1 February 2023 1,149 490 295 1,934
Provided during the period 1,184 587 949 2,720
As at 31 January 2024 2,333 1,077 1,244 4,654
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 2,405 1,273 3,642 7,320
As at 1 February 2023 3,589 1,860 1,972 7,421
5. Debtors
31 January 2024 31 January 2023
£ £
Due within one year
Trade debtors - 91
Prepayments and accrued income 3,680 5,659
3,680 5,750
6. Creditors: Amounts Falling Due Within One Year
31 January 2024 31 January 2023
£ £
Trade creditors 2,603 376
Corporation tax 169 255
Other creditors 739 -
Accruals and deferred income 124 122
Directors' loan accounts 7,560 7,533
11,195 8,286
7. Share Capital
31 January 2024 31 January 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4