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Company registration number: 10043956
Akula Associates Limited
Unaudited filleted financial statements
31 March 2024
Akula Associates Limited
Contents
Directors and other information
Accountant's report
Statement of financial position and notes to the financial statements
Akula Associates Limited
Directors and other information
Directors Mr T R Lowe
Mrs V Thompson-Lowe
Company number 10043956
Registered office First Floor
59-63 Wood Street
Earl Shilton
Leicestershire
LE9 7NE
Business address 11 Island Close
Hinckley
Leicestershire
LE10 1LN
Accountant J Robins Accountants
First Floor
59-63 Wood Street
Earl Shilton
Leicestershire
LE9 7NE
Bankers Lloyds Bank plc
Ariel House
2138 Coventry Road
Sheldon
Birmingham
B26 3JW
Akula Associates Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Akula Associates Limited
Year ended 31 March 2024
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2024 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
J Robins Accountants
Chartered Certified Accountant
First Floor
59-63 Wood Street
Earl Shilton
Leicestershire
LE9 7NE
10 April 2024
Akula Associates Limited
Statement of financial position
31 March 2024
2024 2023
£ £
Fixed assets 2,100 2,800
_______ _______
Current assets 6,281 11,526
Creditors: amounts falling due within one year ( 6,646) ( 11,737)
_______ _______
Net current liabilities ( 365) ( 211)
_______ _______
Total assets less current liabilities 1,735 2,589
Accruals and deferred income ( 1,320) ( 1,800)
_______ _______
Net assets 415 789
_______ _______
Capital and reserves 415 789
_______ _______
Notes to the financial statements
Akula Associates Limited
Year ended 31 March 2024
1. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr T R Lowe ( 2,821) - ( 2,821)
Mrs V Thompson-Lowe ( 6,973) 3,225 ( 3,748)
_______ _______ _______
( 9,794) 3,225 ( 6,569)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr T R Lowe ( 821) ( 2,000) ( 2,821)
Mrs V Thompson-Lowe - ( 6,973) ( 6,973)
_______ _______ _______
( 821) ( 8,973) ( 9,794)
_______ _______ _______
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 April 2024 , and are signed on behalf of the board by:
Mrs V Thompson-Lowe
Director
Company registration number: 10043956
The company is a private company limited by shares, registered in England.