Acorah Software Products - Accounts Production 16.6.920 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12755717 Eurazeo Global Investor D Raziev R Danenberg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12755717 2024-07-31 12755717 2025-07-31 12755717 2024-08-01 2025-07-31 12755717 frs-core:CurrentFinancialInstruments 2025-07-31 12755717 frs-core:ComputerEquipment 2025-07-31 12755717 frs-core:ComputerEquipment 2024-08-01 2025-07-31 12755717 frs-core:ComputerEquipment 2024-07-31 12755717 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 12755717 frs-core:FurnitureFittings 2025-07-31 12755717 frs-core:FurnitureFittings 2024-08-01 2025-07-31 12755717 frs-core:FurnitureFittings 2024-07-31 12755717 frs-core:OtherResidualIntangibleAssets 2025-07-31 12755717 frs-core:OtherResidualIntangibleAssets 2024-08-01 2025-07-31 12755717 frs-core:OtherResidualIntangibleAssets 2024-07-31 12755717 frs-core:SharePremium 2025-07-31 12755717 frs-core:ShareCapital 2025-07-31 12755717 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12755717 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12755717 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12755717 frs-bus:SmallEntities 2024-08-01 2025-07-31 12755717 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12755717 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12755717 frs-bus:Director1 2024-08-01 2025-07-31 12755717 frs-bus:Director2 2024-08-01 2025-07-31 12755717 frs-bus:Director3 2024-08-01 2025-07-31 12755717 frs-countries:EnglandWales 2024-08-01 2025-07-31 12755717 2023-07-31 12755717 2024-07-31 12755717 2023-08-01 2024-07-31 12755717 frs-core:CurrentFinancialInstruments 2024-07-31 12755717 frs-core:SharePremium 2024-07-31 12755717 frs-core:ShareCapital 2024-07-31 12755717 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12755717
KOLLENO LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2025
KOLLENO LIMITED
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
KOLLENO LIMITED
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 12755717

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 596 |  | 7,771
Tangible Assets | 5 |  | 7,648 |  | 11,767
|  |  | 8,244 |  | 19,538
CURRENT ASSETS
Debtors | 6 | 79,206 |  | 149,020 |
Cash at bank and in hand |  | 797,521 |  | 766,199 |
|  | 876,727 |  | 915,219 |
Creditors: Amounts Falling Due Within One Year | 7 | (115,898 ) |  | (71,011 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 760,829 |  | 844,208
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 769,073 |  | 863,746
NET ASSETS |  |  | 769,073 |  | 863,746
CAPITAL AND RESERVES
Called up share capital | 8 |  | 16 |  | 16
Share premium account |  |  | 4,641,836 |  | 4,641,836
Profit and Loss Account |  |  | (3,872,779 ) |  | (3,778,106 )
SHAREHOLDERS' FUNDS |  |  | 769,073 |  | 863,746

Page 1
Page 2
KOLLENO LIMITED
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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.
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

D Raziev Director
03/11/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
KOLLENO LIMITED
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
KOLLENO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12755717 . The registered office is International House, 36-38 Cornhill, London, EC3V 3NG.
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.
These financial statements for the year ended 31st July 2024 are the first financial statements of Kolleno Limited prepared in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 Section 1A was 1st August 2022. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102 Section 1A.
Functional and Presentational Currency
The company's functional and presentational currency is GBP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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
Other intangible assets are website costs. These costs are amortised to the profit and loss account over their estimated economic life of three years.
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:

Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33% straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
KOLLENO LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.8. 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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Research and Development Costs
Expenditure on research and development is written off against profits in the year in which it is incurred.
2.11. Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.12. Additional Accounting Policies
Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 11)
9 11
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 August 2024 | 30,460
As at 31 July 2025 | 30,460
Amortisation
As at 1 August 2024 | 22,689
Provided during the period | 7,175
As at 31 July 2025 | 29,864

...CONTINUED
Page 4
Page 5
KOLLENO LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025

Net Book Value
As at 31 July 2025 | 596
As at 1 August 2024 | 7,771

5. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 7,800 | 18,552 | 26,352
Additions | (7,800 ) | 8,982 | 1,182
As at 31 July 2025 | - | 27,534 | 27,534
Depreciation
As at 1 August 2024 | 2,309 | 12,276 | 14,585
Provided during the period | (2,309 ) | 7,610 | 5,301
As at 31 July 2025 | - | 19,886 | 19,886
Net Book Value
As at 31 July 2025 | - | 7,648 | 7,648
As at 1 August 2024 | 5,491 | 6,276 | 11,767

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 68,046 |  | 140,184
Prepayments and accrued income | 11,160 |  | 8,578
Other debtors | - |  | 258
| 79,206 |  | 149,020

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 45,266 |  | 16,364
Other taxes and social security | - |  | 18,106
VAT | 33,491 |  | 442
Other creditors | 1,391 |  | 169
Accruals and deferred income | 35,750 |  | 35,930
| 115,898 |  | 71,011

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 16 |  | 16

Page 5
Page 6
KOLLENO LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
9. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £169 (2023: £414) were due to the fund. They are included in other creditors.
Page 6