Company registration number 12485041 (England and Wales)
KOBE24 LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
KOBE24 LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
KOBE24 LTD
STATEMENT OF FINANCIAL POSITION
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
7,462
8,581
Current assets
Debtors
1,914
21,795
Cash at bank and in hand
4
16,894
1,918
38,689
Creditors: amounts falling due within one year
(184,431)
(59,849)
Net current liabilities
(182,513)
(21,160)
Total assets less current liabilities
(175,051)
(12,579)
Creditors: amounts falling due after more than one year
(8,072)
(16,289)
Net liabilities
(183,123)
(28,868)
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
(183,223)
(28,968)
Total equity
(183,123)
(28,868)
KOBE24 LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -

For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 May 2025
Mr B D Lakin
Director
Company registration number 12485041 (England and Wales)
KOBE24 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

Kobe24 Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 6 Manor Park Business Centre, MacKenzie Way, Swindon Village, Cheltenham, Gloucestershire, United Kingdom, GL51 9TX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company relies on the support of other businesses in which the director has an involvement to provide it with working capital. The director has considered the likely income and expenditure of the company for a period of at least 12 months from the date of approval of these financial statements and determined that the company will be able to generate sufficient funds to meet its liabilities as they fall due and that, as a result, it is appropriate to prepare these financial statements on the basis that the company is a going concern.true

1.3
Turnover

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

 

Revenue is recognised at the point of invoicing.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
10% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

KOBE24 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 October 2023 and 30 September 2024
11,193
Depreciation and impairment
At 1 October 2023
2,612
Depreciation charged in the year
1,119
At 30 September 2024
3,731
Carrying amount
At 30 September 2024
7,462
At 30 September 2023
8,581
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
KOBE24 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
5
Related party transactions

No Regrets Management Limited

A company in which B D Lakin has a controlling shareholding

In a previous period, the related party loaned the company funds for working capital. During the year, the related party loaned the company additional sums. The amount due to the related party at the year end was £144,862 (2023: £20,821). The amount is unsecured, interest-free and repayable on demand.

 

Noire Ink London Limited

A company in which B D Lakin indirectly has a 50% interest

In a previous period, the company loaned the related party funds for working capital. The amount due from the related party at the year end was £1,795 (2023: £1,795). The amount is unsecured, interest-free and repayable on demand.

 

Woo-Ah Limited

A company in which B D Lakin has a controlling shareholding

In a previous period, the related party loaned the company funds for working capital. The amount due to the related party at the year end was £27,804 (2023: £27,804). The amount is unsecured, interest-free and repayable on demand.

 

No Regrets Studio Rentals Limited

A company in which B D Lakin is a director

During the year, the company loaned the related party funds for working capital. The amount due from the related party at the year end was £119 (2023: £nil). The amount is unsecured, interest-free and repayable on demand.

 

No Regrets Bristol Limited

A company in which B D Lakin was a director

In a previous period, the company loaned the related party funds for working capital. During the year, the related party was struck from the register at Companies House. This debt, which stood at the time at £169,167, was written off at the point of the dissolution of the related party. The amount due from the related party at the year end was £nil (2023: £4,000). The amount was unsecured, interest-free and repayable on demand.

2024-09-302023-10-01falsefalsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr B D Lakin1124850412023-10-012024-09-30124850412024-09-30124850412023-09-3012485041core:FurnitureFittings2024-09-3012485041core:FurnitureFittings2023-09-3012485041core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3012485041core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3012485041core:Non-currentFinancialInstrumentscore:AfterOneYear2024-09-3012485041core:Non-currentFinancialInstrumentscore:AfterOneYear2023-09-3012485041core:ShareCapital2024-09-3012485041core:ShareCapital2023-09-3012485041core:RetainedEarningsAccumulatedLosses2024-09-3012485041core:RetainedEarningsAccumulatedLosses2023-09-3012485041core:ShareCapitalOrdinaryShareClass12024-09-3012485041core:ShareCapitalOrdinaryShareClass12023-09-3012485041bus:Director12023-10-012024-09-3012485041core:FurnitureFittings2023-10-012024-09-3012485041core:FurnitureFittings2023-09-3012485041bus:OrdinaryShareClass12023-10-012024-09-3012485041bus:OrdinaryShareClass12024-09-3012485041bus:OrdinaryShareClass12023-09-3012485041bus:PrivateLimitedCompanyLtd2023-10-012024-09-3012485041bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012485041bus:FRS1022023-10-012024-09-3012485041bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3012485041bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP