1 April 2024 false Taxfiler 2024.6 09402466business:PrivateLimitedCompanyLtd2024-04-012025-03-31 094024662024-03-31 094024662024-04-012025-03-31 09402466business:AuditExemptWithAccountantsReport2024-04-012025-03-31 09402466business:FilletedAccounts2024-04-012025-03-31 094024662025-03-31 09402466business:Director12024-04-012025-03-31 09402466business:RegisteredOffice2024-04-012025-03-31 094024662024-03-31 09402466core:WithinOneYear2025-03-31 09402466core:WithinOneYear2024-03-31 09402466core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 09402466core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09402466core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 09402466core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09402466core:PreviouslyStatedAmount2025-03-31 09402466core:PreviouslyStatedAmount2024-03-31 09402466business:SmallEntities2024-04-012025-03-31 09402466countries:EnglandWales2024-04-012025-03-31 09402466core:IntangibleAssetsOtherThanGoodwill2024-03-31 09402466core:IntangibleAssetsOtherThanGoodwill2025-03-31 09402466core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-31 09402466core:ComputerEquipment2024-03-31 09402466core:ComputerEquipment2025-03-31 094024662023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09402466 (England and Wales)
KORUM CONSULTING LIMITED Unaudited accounts for the year ended 31 March 2025
KORUM CONSULTING LIMITED Unaudited accounts Contents
Page
- 2 -
KORUM CONSULTING LIMITED Company Information for the year ended 31 March 2025
Director
Titus Terry Rahiri
Company Number
09402466 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Majestic Accountants Limited Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of KORUM CONSULTING LIMITED for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KORUM CONSULTING LIMITED for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Majestic Accountants Limited Chartered Accountants Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES 14 July 2025
- 4 -
KORUM CONSULTING LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
156 
186 
Current assets
Debtors
41,419 
56,277 
Cash at bank and in hand
32,353 
2,139 
73,772 
58,416 
Creditors: amounts falling due within one year
(39,768)
(37,220)
Net current assets
34,004 
21,196 
Total assets less current liabilities
34,160 
21,382 
Provisions for liabilities
Other provisions
(8,000)
- 
Net assets
26,160 
21,382 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,060 
21,282 
Shareholders' funds
26,160 
21,382 
For the year ending 31 March 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 July 2025 and were signed on its behalf by
Titus Terry Rahiri Director Company Registration No. 09402466
- 5 -
KORUM CONSULTING LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
KORUM CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09402466. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
300 
At 31 March 2025
300 
Amortisation
At 1 April 2024
114 
Charge for the year
30 
At 31 March 2025
144 
Net book value
At 31 March 2025
156 
At 31 March 2024
186 
- 6 -
KORUM CONSULTING LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,215 
At 31 March 2025
1,215 
Depreciation
At 1 April 2024
1,215 
At 31 March 2025
1,215 
Net book value
At 31 March 2025
- 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
351 
Trade debtors
15,736 
25,326 
Other debtors
25,683 
30,600 
41,419 
56,277 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
10,627 
- 
Trade creditors
9,862 
16,130 
Taxes and social security
- 
483 
Other creditors
17,898 
17,898 
Loans from directors
506 
416 
Accruals
875 
2,293 
39,768 
37,220 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -