Registered number
10514847
Akda Investment Ltd
Filleted Accounts
31 March 2024
Akda Investment Ltd
Registered number: 10514847
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 416,093 416,093
Current assets
Cash at bank and in hand 183 229
Creditors: amounts falling due within one year 4 (374,662) (350,027)
Net current liabilities (374,479) (349,798)
Total assets less current liabilities 41,614 66,295
Creditors: amounts falling due after more than one year 5 (136,813) (135,912)
Net liabilities (95,199) (69,617)
Capital and reserves
Called up share capital 2 2
Profit and loss account (95,201) (69,619)
Shareholder's funds (95,199) (69,617)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Can Aydin
Director
Approved by the board on 24 April 2024
Akda Investment Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2023 402,046 32,999 435,045
At 31 March 2024 402,046 32,999 435,045
Depreciation
At 1 April 2023 - 18,952 18,952
At 31 March 2024 - 18,952 18,952
Net book value
At 31 March 2024 402,046 14,047 416,093
At 31 March 2023 402,046 14,047 416,093
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 91 -
Taxation and social security costs (795) -
Other creditors 375,366 350,027
374,662 350,027
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 136,813 135,912
6 Other information
Akda Investment Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Flat 70
5 Queensland rd
London
N7 7FE
Akda Investment Ltd 10514847 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2022 Mr Can Aydin No description of principal activity 10514847 2022-01-01 2023-03-31 10514847 core:WithinOneYear 2023-03-31 10514847 core:AfterOneYear 2023-03-31 10514847 core:ShareCapital 2023-03-31 10514847 core:RetainedEarningsAccumulatedLosses 2023-03-31 10514847 2023-04-01 2024-03-31 10514847 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10514847 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10514847 bus:Director40 2023-04-01 2024-03-31 10514847 countries:England 2023-04-01 2024-03-31 10514847 bus:FRS102 2023-04-01 2024-03-31 10514847 bus:FullAccounts 2023-04-01 2024-03-31 10514847 2024-03-31 10514847 core:WithinOneYear 2024-03-31 10514847 core:AfterOneYear 2024-03-31 10514847 core:ShareCapital 2024-03-31 10514847 core:RetainedEarningsAccumulatedLosses 2024-03-31 10514847 core:LandBuildings 2024-03-31 10514847 core:PlantMachinery 2024-03-31 10514847 2023-03-31 10514847 core:LandBuildings 2023-03-31 10514847 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure