18 February 2022 false No description of principal activity Taxfiler 2023.10 13926049business:PrivateLimitedCompanyLtd2022-02-182023-02-28 139260492022-02-17 139260492022-02-182023-02-28 13926049business:AuditExempt-NoAccountantsReport2022-02-182023-02-28 13926049business:FilletedAccounts2022-02-182023-02-28 139260492023-02-28 13926049business:Director12022-02-182023-02-28 13926049business:RegisteredOffice2022-02-182023-02-28 13926049core:WithinOneYear2023-02-28 13926049core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13926049core:PreviouslyStatedAmount2023-02-28 13926049business:SmallEntities2022-02-182023-02-28 13926049countries:EnglandWales2022-02-182023-02-28 13926049core:ComputerEquipment2022-02-182023-02-28 13926049core:PlantMachinery2022-02-17 13926049core:PlantMachinery2022-02-182023-02-28 13926049core:PlantMachinery2023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13926049 (England and Wales)
AK TECHNOLOGIES GROUP LTD Unaudited accounts for the period from 18 February 2022 to 28 February 2023
AK TECHNOLOGIES GROUP LTD Unaudited accounts Contents
Page
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AK TECHNOLOGIES GROUP LTD Company Information for the period from 18 February 2022 to 28 February 2023
Director
Dr Karthik Thanagraj
Company Number
13926049 (England and Wales)
Registered Office
35 HIGHFIELD LANE QUINTON BIRMINGHAM B32 1QR ENGLAND
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AK TECHNOLOGIES GROUP LTD Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
5,085 
Current assets
Debtors
1,814 
Cash at bank and in hand
12,907 
14,721 
Creditors: amounts falling due within one year
(6,713)
Net current assets
8,008 
Net assets
13,093 
Capital and reserves
Profit and loss account
13,093 
Shareholders' funds
13,093 
For the period ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 15 November 2023 and were signed on its behalf by
Dr Karthik Thanagraj Director Company Registration No. 13926049
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AK TECHNOLOGIES GROUP LTD Notes to the Accounts for the period from 18 February 2022 to 28 February 2023
1
Statutory information
AK TECHNOLOGIES GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 13926049. The registered office is 35 HIGHFIELD LANE, QUINTON, BIRMINGHAM, B32 1QR, 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 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:
Computer equipment
15% straight line depreciation
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 18 February 2022
- 
Additions
7,628 
At 28 February 2023
7,628 
Depreciation
Charge for the period
2,543 
At 28 February 2023
2,543 
Net book value
At 28 February 2023
5,085 
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
1,814 
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AK TECHNOLOGIES GROUP LTD Notes to the Accounts for the period from 18 February 2022 to 28 February 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
34 
Taxes and social security
1,877 
Loans from directors
4,802 
6,713 
7
Average number of employees
During the period the average number of employees was 0.
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