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COMPANY REGISTRATION NUMBER: 13873978

Krodom Limited

Filleted Unaudited Financial Statements

31 August 2025

Krodom Limited

Statement of Financial Position

31 August 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Investments | 4 | 814,829 | 1,125,741

Current assets

Cash at bank and in hand | – | 820

Creditors: amounts falling due within one year | 5 | 2,029,207 | 2,015,555
| ------------ | ------------
Net current liabilities | 2,029,207 | 2,014,735
| ------------ | ------------
Total assets less current liabilities | ( 1,214,378) | ( 888,994)
| ------------ | ---------
Net liabilities | ( 1,214,378) | ( 888,994)
| ------------ | ---------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | ( 1,214,380) | ( 888,996)
| ------------ | ---------
Shareholders deficit | ( 1,214,378) | ( 888,994)
| ------------ | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 23 July 2026 , and are signed on behalf of the board by:

Mr D Krok |
Director |

Company registration number: 13873978

Krodom Limited

Notes to the Financial Statements

Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors have adopted the going concern basis in preparing the financial statements notwithstanding that the company has net liabilities of £1,214,378. The directors have confirmed that they will continue to financially support the company and they have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The directors have also confirmed that they will not seek repayment of their directors loans for the 12 months from the date of these financial statements.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Investments

| Other investments other than loans
| £
Cost |
At 1 September 2024 | 1,125,741
Other movements | ( 310,912)
| ------------
At 31 August 2025 | 814,829
| ------------
Impairment |
At 1 September 2024 and 31 August 2025 | –
| ------------

Carrying amount |
At 31 August 2025 | 814,829
| ------------
At 31 August 2024 | 1,125,741
| ------------

The investment relates to the equity investment required to join as a member of 13-17 Red Lion Square LLP.
5. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 2,029,207 | 2,015,555
| ------------ | ------------

6. Other financial commitments
Krodom Limited has provided a guarantee to Investec Bank Plc by way of first fixed charge all of its rights, titles, benefits and interests in its Member’s Interest in 13-17 Red Lion Square LLP, should 13-17 Red Lion Square LLP default on its liabilities owing to Investec Bank Plc.
7. Director's advances, credits and guarantees
At the year end, the company owed the directors £1,993.623 (2024: £1,980,198). The loan was on interest free terms and repayable on demand.