Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08803688 Miss Qin Meng iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08803688 2023-12-31 08803688 2024-12-31 08803688 2024-01-01 2024-12-31 08803688 frs-core:CurrentFinancialInstruments 2024-12-31 08803688 frs-core:Non-currentFinancialInstruments 2024-12-31 08803688 frs-core:ComputerEquipment 2024-12-31 08803688 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08803688 frs-core:ComputerEquipment 2023-12-31 08803688 frs-core:PlantMachinery 2024-01-01 2024-12-31 08803688 frs-core:ShareCapital 2024-12-31 08803688 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08803688 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08803688 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08803688 frs-bus:SmallEntities 2024-01-01 2024-12-31 08803688 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08803688 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08803688 frs-bus:Director1 2024-01-01 2024-12-31 08803688 frs-countries:EnglandWales 2024-01-01 2024-12-31 08803688 2022-12-31 08803688 2023-12-31 08803688 2023-01-01 2023-12-31 08803688 frs-core:CurrentFinancialInstruments 2023-12-31 08803688 frs-core:Non-currentFinancialInstruments 2023-12-31 08803688 frs-core:ShareCapital 2023-12-31 08803688 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08803688
KOLMO LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
LABAIT PROFESSIONALS LIMITED
Institute of Financial Accountants
Unit 1 17 Castle Street
Chester
CH1 2DS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08803688
2024 2023
Notes £ £ £ £
FIXED ASSETS
Creditors: Amounts Falling Due Within One Year 5 (16,413 ) (1,422 )
NET CURRENT ASSETS (LIABILITIES) (16,413 ) (1,422 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,413 ) (1,422 )
Creditors: Amounts Falling Due After More Than One Year 6 - (14,643 )
NET LIABILITIES (16,413 ) (16,065 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (16,513 ) (16,165 )
SHAREHOLDERS' FUNDS (16,413) (16,065)
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 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
Miss Qin Meng
Director
13/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
KOLMO LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08803688 . The registered office is Flat 8,Odeon Court, 5 Chicksand Street, London, E1 5LB.
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. 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% Straight Line
Computer Equipment 25% Straight Line
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments FRS 102' to all of its financial instrument.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liability are offset, with the net amounts present in the financial statements, when there is a legal enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balance, and initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidence a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instrument are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 2,237
As at 31 December 2024 2,237
Depreciation
As at 1 January 2024 2,237
As at 31 December 2024 2,237
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 252 252
Director's loan account 16,161 1,170
16,413 1,422
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account - 14,643
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the start of the accounting year, the opening balance of the directors' loans owned by the company was £15,812.8.
The company borrowed £348.00 from the director Ms Meng Qin during the year.
The closing balance of directors' loans owned by the company at the end of the accounting year is £16,160.80.
Page 3