Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10233326 Ms Chung Mi Chun iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10233326 2023-03-31 10233326 2024-03-31 10233326 2023-04-01 2024-03-31 10233326 frs-core:CurrentFinancialInstruments 2024-03-31 10233326 frs-core:ShareCapital 2024-03-31 10233326 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10233326 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10233326 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10233326 frs-bus:SmallEntities 2023-04-01 2024-03-31 10233326 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10233326 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10233326 frs-bus:Director1 2023-04-01 2024-03-31 10233326 frs-countries:EnglandWales 2023-04-01 2024-03-31 10233326 2022-03-31 10233326 2023-03-31 10233326 2022-04-01 2023-03-31 10233326 frs-core:CurrentFinancialInstruments 2023-03-31 10233326 frs-core:ShareCapital 2023-03-31 10233326 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10233326
Koen Commerce Ltd
Financial Statements
For The Year Ended 31 March 2024
MBN Accountancy Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10233326
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,353 163,630
Cash at bank and in hand 515 264
7,868 163,894
Creditors: Amounts Falling Due Within One Year 5 (1 ) (163,484 )
NET CURRENT ASSETS (LIABILITIES) 7,867 410
TOTAL ASSETS LESS CURRENT LIABILITIES 7,867 410
NET ASSETS 7,867 410
CAPITAL AND RESERVES
Called up share capital 6 200 200
Profit and Loss Account 7,667 210
SHAREHOLDERS' FUNDS 7,867 410
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Chung Mi Chun
Director
09/12/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Koen Commerce Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10233326 . The registered office is International House, 36-38 Cornhill, London, EC3V 3NG.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,353 163,630
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 132,388
VAT - 21,596
Director's loan account - 9,500
1 163,484
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 2