Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 31 August 2024 31 August 2024 10376121 Mr Chung Koo Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10376121 2023-09-30 10376121 2024-08-31 10376121 2023-10-01 2024-08-31 10376121 frs-core:CurrentFinancialInstruments 2024-08-31 10376121 frs-core:Non-currentFinancialInstruments 2024-08-31 10376121 frs-core:FurnitureFittings 2024-08-31 10376121 frs-core:FurnitureFittings 2023-10-01 2024-08-31 10376121 frs-core:FurnitureFittings 2023-09-30 10376121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 10376121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-08-31 10376121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 10376121 frs-core:PlantMachinery 2024-08-31 10376121 frs-core:PlantMachinery 2023-10-01 2024-08-31 10376121 frs-core:PlantMachinery 2023-09-30 10376121 frs-core:ShareCapital 2024-08-31 10376121 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10376121 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-08-31 10376121 frs-bus:FilletedAccounts 2023-10-01 2024-08-31 10376121 frs-bus:SmallEntities 2023-10-01 2024-08-31 10376121 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-08-31 10376121 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-08-31 10376121 frs-bus:Director1 2023-10-01 2024-08-31 10376121 frs-countries:EnglandWales 2023-10-01 2024-08-31 10376121 2022-09-30 10376121 2023-09-30 10376121 2022-10-01 2023-09-30 10376121 frs-core:CurrentFinancialInstruments 2023-09-30 10376121 frs-core:Non-currentFinancialInstruments 2023-09-30 10376121 frs-core:ShareCapital 2023-09-30 10376121 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10376121
KOKORO HANA LTD
Unaudited Financial Statements
For the Period 1 October 2023 to 31 August 2024
KPY PHILLIPS YOUNG LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10376121
31 August 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 231,876 281,246
231,876 281,246
CURRENT ASSETS
Stocks 5 18,786 30,834
Debtors 6 47,715 51,769
Cash at bank and in hand 96,369 76,806
162,870 159,409
Creditors: Amounts Falling Due Within One Year 7 (207,505 ) (220,489 )
NET CURRENT ASSETS (LIABILITIES) (44,635 ) (61,080 )
TOTAL ASSETS LESS CURRENT LIABILITIES 187,241 220,166
Creditors: Amounts Falling Due After More Than One Year 8 (185,060 ) (217,544 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (207 ) (1,255 )
NET ASSETS 1,974 1,367
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,874 1,267
SHAREHOLDERS' FUNDS 1,974 1,367
Page 1
Page 2
For the period ending 31 August 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 his 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
Mr Chung Koo Lee
Director
29/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KOKORO HANA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10376121 . The registered office is 13 Approach Road, London, SW20 8BA.
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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Leasehold Over lease term
Plant & Machinery 20% reducing rate
Fixtures & Fittings 20% reducing rate
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 26 (2023: 31)
26 31
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2023 14,888 7,000 507,195 529,083
Additions - - 1,905 1,905
As at 31 August 2024 14,888 7,000 509,100 530,988
Depreciation
As at 1 October 2023 6,451 3,546 237,840 247,837
Provided during the period 910 634 49,731 51,275
As at 31 August 2024 7,361 4,180 287,571 299,112
Net Book Value
As at 31 August 2024 7,527 2,820 221,529 231,876
As at 1 October 2023 8,437 3,454 269,355 281,246
5. Stocks
31 August 2024 30 September 2023
£ £
Materials 11,878 22,718
Finished goods 6,908 8,116
18,786 30,834
6. Debtors
31 August 2024 30 September 2023
£ £
Due within one year
Trade debtors 13,384 -
Amounts recoverable on contracts 2,717 -
Prepayments and accrued income 10,588 30,769
26,689 30,769
Due after more than one year
Amounts recoverable on contracts 21,000 21,000
Directors loan account 26 -
21,026 21,000
47,715 51,769
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 August 2024 30 September 2023
£ £
Trade creditors 49,776 44,758
Bank loans and overdrafts 100,310 19,309
Corporation tax 1,504 1,117
Other taxes and social security 1 1
VAT 32,327 50,687
Net wages 149 149
Other creditors 1,965 91,989
Accruals and deferred income 21,473 12,479
207,505 220,489
8. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 30 September 2023
£ £
Bank loans 7,910 17,370
Other creditors 100,000 200,000
Accruals and deferred income 77,150 -
Directors loan account - 174
185,060 217,544
9. Share Capital
31 August 2024 30 September 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5