IRIS Accounts Production v24.3.2.46 10704368 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107043682023-04-30107043682024-04-30107043682023-05-012024-04-30107043682022-04-30107043682022-05-012023-04-30107043682023-04-3010704368ns15:EnglandWales2023-05-012024-04-3010704368ns14:PoundSterling2023-05-012024-04-3010704368ns10:Director12023-05-012024-04-3010704368ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010704368ns10:SmallEntities2023-05-012024-04-3010704368ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010704368ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010704368ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010704368ns10:FullAccounts2023-05-012024-04-3010704368ns10:RegisteredOffice2023-05-012024-04-3010704368ns5:CurrentFinancialInstruments2024-04-3010704368ns5:CurrentFinancialInstruments2023-04-3010704368ns5:Non-currentFinancialInstruments2024-04-3010704368ns5:Non-currentFinancialInstruments2023-04-3010704368ns5:ShareCapital2024-04-3010704368ns5:ShareCapital2023-04-3010704368ns5:RetainedEarningsAccumulatedLosses2024-04-3010704368ns5:RetainedEarningsAccumulatedLosses2023-04-3010704368ns5:PlantMachinery2023-05-012024-04-3010704368ns5:PlantMachinery2023-04-3010704368ns5:PlantMachinery2024-04-3010704368ns5:PlantMachinery2023-04-3010704368ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3010704368ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 10704368 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

KOMODO SIMULATIONS LIMITED

KOMODO SIMULATIONS LIMITED (REGISTERED NUMBER: 10704368)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


KOMODO SIMULATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: R N Price





REGISTERED OFFICE: 18 Goldings Road
Hook Norton
Banbury
Oxfordshire
OX15 5FG





REGISTERED NUMBER: 10704368 (England and Wales)





ACCOUNTANT: Sarah Garside FCA
6 Longway Avenue
Charlton Kings
Cheltenham
Gloucestershire
GL53 9JL

KOMODO SIMULATIONS LIMITED (REGISTERED NUMBER: 10704368)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,051 19,308

CURRENT ASSETS
Debtors 5 6,369 7,834
Cash at bank 2,623 26,363
8,992 34,197
CREDITORS
Amounts falling due within one year 6 34,863 34,100
NET CURRENT (LIABILITIES)/ASSETS (25,871 ) 97
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,820

)

19,405

CREDITORS
Amounts falling due after more than one
year

7

6,718

9,715
NET (LIABILITIES)/ASSETS (14,538 ) 9,690

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,638 ) 9,590
SHAREHOLDERS' FUNDS (14,538 ) 9,690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





R N Price - Director


KOMODO SIMULATIONS LIMITED (REGISTERED NUMBER: 10704368)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Komodo Simulations Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

TAXATION
Taxation for the year 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.

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 from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

KOMODO SIMULATIONS LIMITED (REGISTERED NUMBER: 10704368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 42,787
Additions 8,106
At 30 April 2024 50,893
DEPRECIATION
At 1 May 2023 23,479
Charge for year 9,363
At 30 April 2024 32,842
NET BOOK VALUE
At 30 April 2024 18,051
At 30 April 2023 19,308

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 4,490 -
Other debtors 1,879 7,834
6,369 7,834

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 921 4,548
Taxation and social security 288 329
Other creditors 33,654 29,223
34,863 34,100

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 6,718 9,715

8. ULTIMATE CONTROLLING PARTY

The controlling party is R N Price.