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Company Registration No. 08740486 (England and Wales)
KOKOON TECHNOLOGY LTD Unaudited accounts for the year ended 31 December 2024
KOKOON TECHNOLOGY LTD Unaudited accounts Contents
Page
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KOKOON TECHNOLOGY LTD Company Information for the year ended 31 December 2024
Directors
TJ Antos J Farrell RA Hall Sir H Yassaie
Company Number
08740486 (England and Wales)
Registered Office
2b27 Southbank Techno Park 90 London Road London London SE1 6LN England
Accountants
Addition Financial Limited The Office Group 1 Lyric Square Hammersmith London W6 0NB
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KOKOON TECHNOLOGY LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
19,510 
20,729 
Tangible assets
3,192 
7,864 
22,702 
28,593 
Current assets
Inventories
111,458 
294,405 
Debtors
151,355 
40,811 
Cash at bank and in hand
94,312 
422,057 
357,125 
757,273 
Creditors: amounts falling due within one year
(734,691)
(985,469)
Net current liabilities
(377,566)
(228,196)
Total assets less current liabilities
(354,864)
(199,603)
Creditors: amounts falling due after more than one year
(809,791)
(706,031)
Net liabilities
(1,164,655)
(905,634)
Capital and reserves
Called up share capital
53,251 
53,251 
Share premium
10,762,158 
10,088,937 
Profit and loss account
(11,980,064)
(11,047,822)
Shareholders' funds
(1,164,655)
(905,634)
For the year ending 31 December 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 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 of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
TJ Antos Director Company Registration No. 08740486
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KOKOON TECHNOLOGY LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
KOKOON TECHNOLOGY LTD is a private company, limited by shares, registered in England and Wales, registration number 08740486. The registered office is 2b27, Southbank Techno Park, 90 London Road, London, London, SE1 6LN, England.
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.
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:
Plant & machinery
33%
Computer equipment
33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation runs over a 20-year life period. Rate : 5%
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
30,007 
At 31 December 2024
30,007 
Amortisation
At 1 January 2024
9,278 
Charge for the year
1,219 
At 31 December 2024
10,497 
Net book value
At 31 December 2024
19,510 
At 31 December 2023
20,729 
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KOKOON TECHNOLOGY LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
104,422 
23,760 
128,182 
Disposals
- 
(1,201)
(1,201)
At 31 December 2024
104,422 
22,559 
126,981 
Depreciation
At 1 January 2024
98,493 
21,825 
120,318 
Charge for the year
5,929 
(2,458)
3,471 
At 31 December 2024
104,422 
19,367 
123,789 
Net book value
At 31 December 2024
- 
3,192 
3,192 
At 31 December 2023
5,929 
1,935 
7,864 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
15,947 
Trade debtors
18,745 
7,904 
Accrued income and prepayments
2,674 
- 
Other debtors
8,981 
16,960 
30,400 
40,811 
Amounts falling due after more than one year
Other debtors
120,955 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
35,623 
- 
VAT
4,942 
- 
Trade creditors
426,708 
505,982 
Taxes and social security
114,251 
7,055 
Other creditors
39,456 
3,826 
Accruals
- 
3,146 
Deferred income
113,711 
465,460 
734,691 
985,469 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
809,791 
- 
Other creditors
- 
706,031 
809,791 
706,031 
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KOKOON TECHNOLOGY LTD Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 17 (2023: 17).
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