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REGISTERED NUMBER: 07411460 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Akoama Ltd

Akoama Ltd (Registered number: 07411460)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Akoama Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Ms A Bame - Ashiagbor





REGISTERED OFFICE: The Studio
2 Borelli Yard
Farnham
Surrey
GU9 7NU





REGISTERED NUMBER: 07411460 (England and Wales)





ACCOUNTANTS: Sumner & Moore Limited
The Studio
2 Borelli Yard
Farnham
Surrey
GU9 7NU

Akoama Ltd (Registered number: 07411460)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,901 1,495

CURRENT ASSETS
Debtors 5 3,250 5,102
Cash at bank 32,201 33,157
35,451 38,259
CREDITORS
Amounts falling due within one year 6 25,695 23,820
NET CURRENT ASSETS 9,756 14,439
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,657

15,934

CREDITORS
Amounts falling due after more than one
year

7

(11,942

)

(15,528

)

PROVISIONS FOR LIABILITIES (361 ) (284 )
NET (LIABILITIES)/ASSETS (646 ) 122

CAPITAL AND RESERVES
Called up share capital 232 232
Retained earnings (878 ) (110 )
SHAREHOLDERS' FUNDS (646 ) 122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Akoama Ltd (Registered number: 07411460)

Balance Sheet - continued
31 October 2024


The 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, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2025 and were signed by:





Ms A Bame - Ashiagbor - Director


Akoama Ltd (Registered number: 07411460)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Akoama Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Akoama Ltd (Registered number: 07411460)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 13,888
Additions 681
At 31 October 2024 14,569
DEPRECIATION
At 1 November 2023 12,393
Charge for year 275
At 31 October 2024 12,668
NET BOOK VALUE
At 31 October 2024 1,901
At 31 October 2023 1,495

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 3,250 2,680
Other debtors - 2,422
3,250 5,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 2,839 1,690
Trade creditors 1,100 10,000
Taxation and social security 19,022 10,423
Other creditors 2,734 1,707
25,695 23,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 11,942 15,528

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 585 7,593