Company No:
Contents
DIRECTOR | Mr A M Knott |
REGISTERED OFFICE | Sigma House |
Oak View Close | |
Edginswell Park | |
Torquay | |
Devon | |
TQ2 7FF | |
United Kingdom |
COMPANY NUMBER | 13902488 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
Sigma House | |
Oak View Close | |
Edginswell Park | |
Torquay | |
TQ2 7FF |
Note | 30.06.2023 | |
£ | ||
Fixed assets | ||
Investment property | 3 |
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310,288 | ||
Current assets | ||
Cash at bank and in hand |
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70 | ||
Creditors: amounts falling due within one year | 4 | (
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Net current liabilities | (83,241) | |
Total assets less current liabilities | 227,047 | |
Creditors: amounts falling due after more than one year | 5 | (
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Net assets |
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Capital and reserves | ||
Called-up share capital | 6 |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
The financial statements of AK Property London Ltd (registered number:
Mr A M Knott
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
AK Property London Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House, Oak View Close, Edginswell Park, Torquay, Devon, TQ2 7FF, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
During the period, it was agreed by the director that the company's yearend be extended to 30 June in order to be coterminous with other interests the director has separate to AK Property London Limited.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Period from 08.02.2022 to 30.06.2023 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Investment property | |
£ | |
Valuation | |
As at 08 February 2022 |
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Additions | 310,288 |
As at 30 June 2023 |
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Valuation
There has been no valuation of investment property by an independent valuer during the year. The director believes that the market value of investment property has not materially changed from that shown at the date of its purchase, which was 6 April 2022.
30.06.2023 | |
£ | |
Amounts owed to related parties |
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Taxation and social security |
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Other creditors |
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30.06.2023 | |
£ | |
Bank loans (secured) |
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30.06.2023 | |
£ | |
Allotted, called-up and fully-paid | |
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