Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10166758 Ms ANGELA DI IENNO iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10166758 2023-05-31 10166758 2024-05-31 10166758 2023-06-01 2024-05-31 10166758 frs-core:Non-currentFinancialInstruments 2024-05-31 10166758 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 10166758 frs-core:OtherResidualIntangibleAssets 2024-05-31 10166758 frs-core:OtherResidualIntangibleAssets 2023-05-31 10166758 frs-core:OtherReservesSubtotal 2024-05-31 10166758 frs-core:ShareCapital 2024-05-31 10166758 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10166758 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10166758 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10166758 frs-bus:SmallEntities 2023-06-01 2024-05-31 10166758 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10166758 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10166758 frs-core:CostValuation 2023-05-31 10166758 frs-core:CostValuation 2024-05-31 10166758 frs-core:ProvisionsForImpairmentInvestments 2023-05-31 10166758 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 10166758 frs-bus:Director1 2023-06-01 2024-05-31 10166758 frs-countries:EnglandWales 2023-06-01 2024-05-31 10166758 2022-05-31 10166758 2023-05-31 10166758 2022-06-01 2023-05-31 10166758 frs-core:Non-currentFinancialInstruments 2023-05-31 10166758 frs-core:OtherReservesSubtotal 2023-05-31 10166758 frs-core:ShareCapital 2023-05-31 10166758 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10166758
KOSN LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Vertice Italy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10166758
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,053,774 2,053,774
Investments 5 4,704 4,704
2,058,478 2,058,478
CURRENT ASSETS
Debtors 6 3,780 2,180
Cash at bank and in hand 17,561 38,445
21,341 40,625
Creditors: Amounts Falling Due Within One Year 7 - (349 )
NET CURRENT ASSETS (LIABILITIES) 21,341 40,276
TOTAL ASSETS LESS CURRENT LIABILITIES 2,079,819 2,098,754
Creditors: Amounts Falling Due After More Than One Year 8 (215,999 ) (215,650 )
NET ASSETS 1,863,820 1,883,104
CAPITAL AND RESERVES
Called up share capital 9 1 1
Other reserves 2,085,948 2,085,948
Profit and Loss Account (222,129 ) (202,845 )
SHAREHOLDERS' FUNDS 1,863,820 1,883,104
Page 1
Page 2
For the year ending 31 May 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 ANGELA DI IENNO
Director
05/06/2024
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
KOSN LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10166758 . The registered office is 13 St. Swithin's Lane,, 2nd Floor,, London, EC4N 8AL.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: )
- -
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 2,053,774
As at 31 May 2024 2,053,774
Net Book Value
As at 31 May 2024 2,053,774
As at 1 June 2023 2,053,774
5. Investments
Associates
£
Cost
As at 1 June 2023 4,704
As at 31 May 2024 4,704
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 4,704
As at 1 June 2023 4,704
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 3,780 2,180
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors - 349
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 215,650 215,650
Other creditors 349 -
215,999 215,650
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4