Company Registration No. 10726721 (England and Wales)
KOARA LIMITED
Unaudited accounts
for the year ended 30 April 2025
KOARA LIMITED
Unaudited accounts
Contents
KOARA LIMITED
Company Information
for the year ended 30 April 2025
Directors
Oliver Michael PENNEY
Katherine Amelia TUITE-DALTON
Company Number
10726721 (England and Wales)
Registered Office
OFFICE 7
37-39 SHAKESPEARE STREET
SOUTHPORT
MERSEYSIDE
PR8 5AB
ENGLAND
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
KOARA LIMITED
Statement of financial position
as at 30 April 2025
Investment property
624,705
624,705
Cash at bank and in hand
27,484
32,685
Creditors: amounts falling due within one year
(106,494)
(109,705)
Net current liabilities
(79,010)
(77,020)
Total assets less current liabilities
545,694
547,684
Creditors: amounts falling due after more than one year
(534,127)
(534,127)
Called up share capital
100
100
Profit and loss account
11,467
13,457
Shareholders' funds
11,567
13,557
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by
Oliver Michael PENNEY
Director
Company Registration No. 10726721
KOARA LIMITED
Notes to the Accounts
for the year ended 30 April 2025
KOARA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10726721. The registered office is OFFICE 7, 37-39 SHAKESPEARE STREET, SOUTHPORT, MERSEYSIDE, PR8 5AB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
33% Straight Line on cost
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 May 2024
624,705
KOARA LIMITED
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,939
3,189
Taxes and social security
22
1,559
Loans from directors
103,533
104,957
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
534,127
534,127
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).