Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10718647 Josh Puddle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10718647 2023-12-31 10718647 2024-12-31 10718647 2024-01-01 2024-12-31 10718647 frs-core:CurrentFinancialInstruments 2024-12-31 10718647 frs-core:Non-currentFinancialInstruments 2024-12-31 10718647 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 10718647 frs-core:FurnitureFittings 2024-12-31 10718647 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10718647 frs-core:FurnitureFittings 2023-12-31 10718647 frs-core:MotorVehicles 2024-12-31 10718647 frs-core:MotorVehicles 2024-01-01 2024-12-31 10718647 frs-core:MotorVehicles 2023-12-31 10718647 frs-core:OtherResidualIntangibleAssets 2024-12-31 10718647 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 10718647 frs-core:OtherResidualIntangibleAssets 2023-12-31 10718647 frs-core:PlantMachinery 2024-12-31 10718647 frs-core:PlantMachinery 2024-01-01 2024-12-31 10718647 frs-core:PlantMachinery 2023-12-31 10718647 frs-core:SharePremium 2024-12-31 10718647 frs-core:ShareCapital 2024-12-31 10718647 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10718647 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10718647 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10718647 frs-bus:SmallEntities 2024-01-01 2024-12-31 10718647 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10718647 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10718647 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 10718647 frs-bus:Director1 2024-01-01 2024-12-31 10718647 frs-countries:EnglandWales 2024-01-01 2024-12-31 10718647 2022-12-31 10718647 2023-12-31 10718647 2023-01-01 2023-12-31 10718647 frs-core:CurrentFinancialInstruments 2023-12-31 10718647 frs-core:Non-currentFinancialInstruments 2023-12-31 10718647 frs-core:SharePremium 2023-12-31 10718647 frs-core:ShareCapital 2023-12-31 10718647 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10718647 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-12-31
Registered number: 10718647
Momo Kombucha Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Portt & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10718647
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 545 910
Tangible Assets 5 423,440 225,393
423,985 226,303
CURRENT ASSETS
Stocks 6 109,337 113,127
Debtors 7 368,335 283,188
Cash at bank and in hand 878,625 432,618
1,356,297 828,933
Creditors: Amounts Falling Due Within One Year 8 (387,279 ) (374,022 )
NET CURRENT ASSETS (LIABILITIES) 969,018 454,911
TOTAL ASSETS LESS CURRENT LIABILITIES 1,393,003 681,214
Creditors: Amounts Falling Due After More Than One Year 9 (25,363 ) (63,245 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (96,800 ) (25,721 )
NET ASSETS 1,270,840 592,248
CAPITAL AND RESERVES
Called up share capital 11 2 1
Share premium account 2,562,289 1,569,790
Profit and Loss Account (1,291,451 ) (977,543 )
SHAREHOLDERS' FUNDS 1,270,840 592,248
Page 1
Page 2
For the year ending 31 December 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
Josh Puddle
Director
30/09/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Momo Kombucha Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10718647 . The registered office is Unit 1, Interim Distribution Unit, New Covent Garden Market, London, SW8 5EL.
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 - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumultated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probate that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intagible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets over their useful lives on the following bases:
Intangible Assets                                                 20% Straight Line
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 11)
18 11
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 1,726
As at 31 December 2024 1,726
Amortisation
As at 1 January 2024 816
Provided during the period 365
As at 31 December 2024 1,181
Net Book Value
As at 31 December 2024 545
As at 1 January 2024 910
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 292,529 7,251 18,046 317,826
Additions 212,404 - 103,585 315,989
Disposals (44,635 ) - (2,840 ) (47,475 )
As at 31 December 2024 460,298 7,251 118,791 586,340
Depreciation
As at 1 January 2024 79,324 5,179 7,930 92,433
...CONTINUED
Page 4
Page 5
Provided during the period 65,401 414 24,891 90,706
Disposals (19,595 ) - (644 ) (20,239 )
As at 31 December 2024 125,130 5,593 32,177 162,900
Net Book Value
As at 31 December 2024 335,168 1,658 86,614 423,440
As at 1 January 2024 213,205 2,072 10,116 225,393
6. Stocks
2024 2023
£ £
Stock 109,337 113,127
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 294,885 162,439
Other debtors 73,450 120,749
368,335 283,188
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 145,952 105,053
Bank loans and overdrafts 5,251 5,122
Other creditors 183,354 236,039
Taxation and social security 52,722 27,808
387,279 374,022
Reclassification of comparative amounts
In the current year the company has presented amounts repayable to the bank within one year as Bank loans and overdrafts. In the prior year these amounts were included in Other creditors. The comparative figures have been reclassified to conform to the current-year presentation. The reclassification has no impact on total current liabilities, net assets or profit. 
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 25,322 30,573
Other creditors 41 32,672
25,363 63,245
10. Deferred Taxation
There is an unrecognised potential deferred tax asset on losses of £338,351 (recovery not yet probable).
The provision for deferred tax is made up as follows:
2024 2023
£ £
Accelerated capital allowances 96,800 25,721
Page 5
Page 6
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 1
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024                2023
 £                      £
-              46,588
13. Related Party Transactions
At the balance sheet date, the company owed £52,758 (2023: £99,596) to a director. The balance is unsecured, interest-bearing at a market rate, and is repayable on demand. 
Page 6