Acorah Software Products - Accounts Production 16.7.461 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08911689 Mr Christopher Morrison Mr. Jonathan Harrison Mr Nicholas Barnes Wayfairer Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08911689 2024-03-31 08911689 2025-03-31 08911689 2024-04-01 2025-03-31 08911689 frs-core:CurrentFinancialInstruments 2025-03-31 08911689 frs-core:Non-currentFinancialInstruments 2025-03-31 08911689 frs-core:ComputerEquipment 2025-03-31 08911689 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08911689 frs-core:ComputerEquipment 2024-03-31 08911689 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 08911689 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 08911689 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 08911689 frs-core:OtherResidualIntangibleAssets 2025-03-31 08911689 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 08911689 frs-core:OtherResidualIntangibleAssets 2024-03-31 08911689 frs-core:PlantMachinery 2025-03-31 08911689 frs-core:PlantMachinery 2024-04-01 2025-03-31 08911689 frs-core:PlantMachinery 2024-03-31 08911689 frs-core:ShareCapital 2025-03-31 08911689 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08911689 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08911689 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08911689 frs-bus:SmallEntities 2024-04-01 2025-03-31 08911689 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08911689 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08911689 1 2024-04-01 2025-03-31 08911689 frs-bus:Director1 2024-04-01 2025-03-31 08911689 frs-bus:Director2 2024-04-01 2025-03-31 08911689 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 08911689 1 2024-04-01 2025-03-31 08911689 frs-countries:EnglandWales 2024-04-01 2025-03-31 08911689 2023-03-31 08911689 2024-03-31 08911689 2023-04-01 2024-03-31 08911689 frs-core:CurrentFinancialInstruments 2024-03-31 08911689 frs-core:Non-currentFinancialInstruments 2024-03-31 08911689 frs-core:ShareCapital 2024-03-31 08911689 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08911689 1 2023-04-01 2024-03-31
Registered number: 08911689
Karma Drinks UK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08911689
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,777 14,772
Tangible Assets 5 54,181 40,185
58,958 54,957
CURRENT ASSETS
Stocks 881,716 1,126,628
Debtors 6 810,115 894,604
Cash at bank and in hand 228,646 273,597
1,920,477 2,294,829
Creditors: Amounts Falling Due Within One Year 7 (935,278 ) (1,341,444 )
NET CURRENT ASSETS (LIABILITIES) 985,199 953,385
TOTAL ASSETS LESS CURRENT LIABILITIES 1,044,157 1,008,342
Creditors: Amounts Falling Due After More Than One Year 8 (1,696,359 ) (1,067,502 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (10,000 ) -
NET LIABILITIES (662,202 ) (59,160 )
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account (662,212 ) (59,170 )
SHAREHOLDERS' FUNDS (662,202) (59,160)
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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 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
Mr. Jonathan Harrison
Director
9 December 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Karma Drinks UK Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 08911689 . The registered office is 3rd Floor 86 - 90 Paul Street, London, EC2A 4NE.
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. Going Concern Disclosure
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months. 
2.3. 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 is recognised at the point that the customer takes delivery of the goods.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset is Rebranding. It is amortised to profit and loss account over its estimated economic life of 6 years.

Development costs is amortised to profit and loss account over its estimated economic life of 4 years.
2.5. 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 and machinery 25% straight line
Computer equipment 25% straight line
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.
2.7. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.8. Foreign Currencies
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.
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2.9. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
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 asset reflects 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.
2.10. 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.
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3. Average Number of Employees
2025 2024
Average number of employees, including directors, during the year 8 7
8 7
4. Intangible Assets
Rebranding Development Costs Total
£ £ £
Cost
As at 1 April 2024 50,310 6,439 56,749
As at 31 March 2025 50,310 6,439 56,749
Amortisation
As at 1 April 2024 37,755 4,222 41,977
Provided during the period 8,385 1,610 9,995
As at 31 March 2025 46,140 5,832 51,972
Net Book Value
As at 31 March 2025 4,170 607 4,777
As at 1 April 2024 12,555 2,217 14,772
5. Tangible Assets
Plant and machinery Computer equipment Total
£ £ £
Cost
As at 1 April 2024 69,229 11,454 80,683
Additions 38,639 3,403 42,042
Disposals (10,825 ) (1,998 ) (12,823 )
As at 31 March 2025 97,043 12,859 109,902
Depreciation
As at 1 April 2024 35,021 5,477 40,498
Provided during the period 21,309 2,646 23,955
Disposals (7,419 ) (1,313 ) (8,732 )
As at 31 March 2025 48,911 6,810 55,721
Net Book Value
As at 31 March 2025 48,132 6,049 54,181
As at 1 April 2024 34,208 5,977 40,185
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 727,581 845,466
Other debtors 72,534 49,138
800,115 894,604
Due after more than one year
Other debtors 10,000 -
810,115 894,604
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 141,052 545,808
Bank loans and overdrafts 400,961 496,477
Amounts owed to group undertakings 123,614 37,492
Other creditors 176,154 158,960
Taxation and social security 93,497 102,707
935,278 1,341,444
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 1,661,638 1,032,781
Amounts owed to participating interests 34,721 34,721
1,696,359 1,067,502
9. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances and there is a corresponding deferred taxation asset of £10,000 (2023 : £Nil) included within debtors more than one year. 
2025 2024
£ £
Other timing differences 10,000 -
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10. Related Party Transactions
Karma Drinks Limited (NZ), formerly Karma Cola Limited (NZ).
Associated company
Amount due to associated party at the end of the year was : £1,546,577 (2024 : £1,032,781).
Karma Drinks Pty Ltd
Associated company
Amount due to associated party at the end of the year was : £115,061 (2024 : Nil).
Wayfairer Ltd
Associated company
Amount due to associated party at the end of the year was : £123,614 (2024 : £37,492).
All Good Bananas Ltd
Related party
Amount due to related party at the end of the year was £34,721 (2024 : £34,721).
11. Ultimate Controlling Party
The company's ultimate controlling party is Wayfairer Limited by virtue of its 100% ownership of issued share
capital in the company.
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