Acorah Software Products - Accounts Production 16.5.460 false true false 13 September 2023 30 September 2024 30 September 2024 15136562 Mr Kamalpal Randhawa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15136562 2023-09-12 15136562 2024-09-30 15136562 2023-09-13 2024-09-30 15136562 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 15136562 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-13 2024-09-30 15136562 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-12 15136562 frs-core:SharePremium 2024-09-30 15136562 frs-core:ShareCapital 2024-09-30 15136562 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 15136562 frs-bus:PrivateLimitedCompanyLtd 2023-09-13 2024-09-30 15136562 frs-bus:FilletedAccounts 2023-09-13 2024-09-30 15136562 frs-bus:SmallEntities 2023-09-13 2024-09-30 15136562 frs-bus:AuditExempt-NoAccountantsReport 2023-09-13 2024-09-30 15136562 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-13 2024-09-30 15136562 frs-bus:Director1 2023-09-13 2024-09-30 15136562 frs-countries:EnglandWales 2023-09-13 2024-09-30
Registered number: 15136562
Koth Gaming Ltd
Unaudited Financial Statements
For the Period 13 September 2023 to 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15136562
30 September 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 114,970
114,970
CURRENT ASSETS
Cash at bank and in hand 103,731
103,731
Creditors: Amounts Falling Due Within One Year 6 (3,709 )
NET CURRENT ASSETS (LIABILITIES) 100,022
TOTAL ASSETS LESS CURRENT LIABILITIES 214,992
NET ASSETS 214,992
CAPITAL AND RESERVES
Called up share capital 7 1
Share premium account 249,995
Profit and Loss Account (35,004 )
SHAREHOLDERS' FUNDS 214,992
For the period ending 30 September 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 Kamalpal Randhawa
Director
05/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Koth Gaming Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15136562 . The registered office is 4TH Floor, Silverstream House, 45 Fitzroy Street, London, W1T 6EB.
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. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property primarily consists of proprietary technology and data assets developed to build a sophisticated sports betting and data platform. This includes unique algorithms for in-depth, in-play statistical analysis, as well as the custom large language models the company leverages to create an AI first, holistic, personalised, and engaging real-money gaming experience. 
It is amortised to the profit and loss account over its estimated economic life of 5 years.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Intangible Assets
Intellectual Property
£
Cost
As at 13 September 2023 -
Additions 143,713
As at 30 September 2024 143,713
Amortisation
As at 13 September 2023 -
Provided during the period 28,743
As at 30 September 2024 28,743
Net Book Value
As at 30 September 2024 114,970
As at 13 September 2023 -
Page 2
Page 3
5. Debtors
30 September 2024
£
Due within one year
6. Creditors: Amounts Falling Due Within One Year
30 September 2024
£
Other creditors 3,709
7. Share Capital
30 September 2024
£
Allotted, Called up and fully paid 1
The company was incorporated with 1 Ordinary share of £1 each.  During the year, the nominal value of each share was sub-divided into £0.000001.  The company issued further 437,555 Ordinary shares of £0.000001 each at a premium, which is credited to the Share premium account.
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