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Registered number: 11955764
Koka Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
TS Partners Ltd
9 High Street
Wellington
Somerset
TA21 8QT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11955764
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,453,043 1,480,617
Investments 5 200 200
1,453,243 1,480,817
CURRENT ASSETS
Debtors 6 2,412,428 2,235,357
Cash at bank and in hand 4,271 7,352
2,416,699 2,242,709
Creditors: Amounts Falling Due Within One Year 7 (53,268 ) (49,189 )
NET CURRENT ASSETS (LIABILITIES) 2,363,431 2,193,520
TOTAL ASSETS LESS CURRENT LIABILITIES 3,816,674 3,674,337
Creditors: Amounts Falling Due After More Than One Year 8 (965,380 ) (1,013,781 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (7,457 ) (4,625 )
NET ASSETS 2,843,837 2,655,931
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 2,843,737 2,655,831
SHAREHOLDERS' FUNDS 2,843,837 2,655,931
Page 1
Page 2
For the year ending 31 December 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
Mrs Maryna Elliman
Director
07/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Koka Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11955764 . The registered office is 9 High Street , Wellington , Somerset , TA21 8QT.

The company is the parent undertaking of a small group and has taken advantage of the exemption available under section 399(2A) of the Companies Act 2006 from preparing consolidated financial statements. These financial statements therefore present information about the company as an individual undertaking and not about its group.
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. Turnover
Turnover represents rental income receivable from the letting of the company's freehold property, exclusive of value added tax. Rental income is recognised on a straight-line basis over the term of the lease.
2.3. Tangible Fixed Assets and Depreciation
Investment property is property held to earn rentals rather than for use in the company’s own operations. The company’s freehold property is let to its wholly owned subsidiary. Paragraph 16.4A of FRS 102 permits property rented to another group entity to be measured either at fair value through profit or loss or under the cost model in Section 17. The company has elected to apply the cost model and the property is accordingly presented within fixed assets and stated at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is provided on the buildings element on a straight-line basis over its estimated useful life of 50 years. The land element is not depreciated. The apportionment between land and buildings is derived from the qualifying construction expenditure identified for Structures and Buildings Allowance purposes.
Freehold Straight line over 50 years
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2025 1,525,643
As at 31 December 2025 1,525,643
Depreciation
As at 1 January 2025 45,026
Provided during the period 27,574
As at 31 December 2025 72,600
Net Book Value
As at 31 December 2025 1,453,043
As at 1 January 2025 1,480,617
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 200
As at 31 December 2025 200
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 200
As at 1 January 2025 200
Investments in subsidiary undertakings are stated at cost less any provision for impairment.
The company holds 100% of the ordinary share capital of Pioneer Supplies Ltd (company number 08814514), a company incorporated in England and Wales whose registered office is at Unit A2, Tancok's Business Park Four Cross Avenue, Willand, Cullompton, Devon, EX15 2FB. The principal activity of Pioneer Supplies Ltd is retail sales of cosmetics & perfumes.
6. Debtors
2025 2024
as restated
£ £
Due within one year
Amounts owed by group undertakings 2,412,165 2,235,007
Other debtors 263 350
2,412,428 2,235,357
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Bank loans and overdrafts 45,000 42,000
Other creditors 616 581
Taxation and social security 7,652 6,608
53,268 49,189
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Bank loans 965,380 1,013,781
The bank loan is secured by a first legal charge over the company's freehold property. Interest is charged at 2.75% above base rate. The loan is repayable by monthly instalments of capital and interest calculated on a 180-month amortisation profile, with the balance falling due for repayment in full in May 2028.
9. Deferred Taxation
Deferred tax arises on the timing difference between the depreciation charged on the property and the Structures and Buildings Allowance claimed. It is measured at 25%, being the rate expected to apply when the timing difference reverses on disposal of the property.
2025 2024
as restated
£ £
Other timing differences 7,457 4,625
10. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 100 100
11. Prior Year Adjustment
The company has corrected its accounting for the freehold property let to its subsidiary, which had previously been carried at cost with no depreciation charged and no accounting policy stated. Depreciation is now provided on the buildings element on a straight-line basis over 50 years from the date of completion on 15 May 2023, and deferred tax has been recognised on the resulting timing difference with the capital allowances claimed. The correction has been applied retrospectively and the comparative figures restated.
The effect is to reduce net assets at 31 December 2024 by £49,651, being accumulated depreciation of £45,026 and a deferred tax provision of £4,625. The profit for the year ended 31 December 2024 is reduced by £30,406. Reserves brought forward at 1 January 2024 are reduced by £19,245, being depreciation of £17,452 for the period from 15 May 2023 to 31 December 2023 and deferred tax of £1,793.
Page 5