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Company Registration No. 10726721 (England and Wales)
KOARA LIMITED Unaudited accounts for the year ended 30 April 2026
KOARA LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KOARA LIMITED Company Information for the year ended 30 April 2026
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
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KOARA LIMITED Statement of financial position as at 30 April 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
(1)
(1)
Investment property
5
624,705
624,705
624,704
624,704
Current assets
Cash at bank and in hand
30,622
27,484
Creditors: amounts falling due within one year
6
(98,479)
(106,494)
Net current liabilities
(67,857)
(79,010)
Total assets less current liabilities
556,847
545,694
Creditors: amounts falling due after more than one year
7
(534,127)
(534,127)
Net assets
22,720
11,567
Capital and reserves
Called up share capital
100
100
Profit and loss account
22,620
11,467
Shareholders' funds
22,720
11,567
For the year ending 30 April 2026 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 2 June 2026 and were signed on its behalf by
Oliver Michael PENNEY Director Company Registration No. 10726721
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KOARA LIMITED Notes to the Accounts for the year ended 30 April 2026
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
£
Cost or valuation
At cost
At 1 May 2025
8,550
At 30 April 2026
8,550
Depreciation
At 1 May 2025
8,551
At 30 April 2026
8,551
Net book value
At 30 April 2026
(1)
At 30 April 2025
(1)
5
Investment property
2026
£
Fair value at 1 May 2025
624,705
At 30 April 2026
624,705
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KOARA LIMITED Notes to the Accounts for the year ended 30 April 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
4,900
2,939
Taxes and social security
2,797
22
Loans from directors
90,782
103,533
98,479
106,494
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
534,127
534,127
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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