KOIBIRD LTD

Company Registration Number:
11047250 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

KOIBIRD LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

KOIBIRD LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 258,577 22,732
Total fixed assets: 258,577 22,732
Current assets
Stocks: 340,045 569,153
Debtors:   284,509 214,132
Cash at bank and in hand: 130,575 1,075,329
Total current assets: 755,129 1,858,614
Creditors: amounts falling due within one year: 4 (8,879,331) (7,339,951)
Net current assets (liabilities): (8,124,202) (5,481,337)
Total assets less current liabilities: (7,865,625) (5,458,605)
Total net assets (liabilities): (7,865,625) (5,458,605)
Capital and reserves
Called up share capital: 5,269,301 5,269,301
Profit and loss account: (13,134,926) (10,727,906)
Shareholders funds: (7,865,625) (5,458,605)

The notes form part of these financial statements

KOIBIRD LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: B Gaudio
Status: Director

The notes form part of these financial statements

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 18 20

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 183,158
Additions 265,854
Disposals (1,255)
At 31 December 2024 447,757
Depreciation
At 01 January 2024 160,426
Charge for year 30,009
On disposals (1,255)
At 31 December 2024 189,180
Net book value
At 31 December 2024 258,577
At 31 December 2023 22,732

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Trade creditors: £120,667; Other taxation and social security £17,401; Other creditors £17,725; Director's Loans £8,719.298; Accruals and deferred income £4,243

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Financial commitments

Commitments under operating leases Within 1 year: £216,847 and within 2-5 Years 406968

KOIBIRD LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions