A3K LTD

Company Registration Number:
SC716119 (Scotland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

A3K LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

A3K LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 81,106 0
Investments: 4 664,013 664,013
Total fixed assets: 745,119 664,013
Current assets
Cash at bank and in hand: 8,477 14,536
Total current assets: 8,477 14,536
Creditors: amounts falling due within one year:   (331,778) (252,903)
Net current assets (liabilities): (323,301) (238,367)
Total assets less current liabilities: 421,818 425,646
Creditors: amounts falling due after more than one year:   (420,750) (420,750)
Total net assets (liabilities): 1,068 4,896
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 968 4,796
Shareholders funds: 1,068 4,896

The notes form part of these financial statements

A3K LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 August 2024
and signed on behalf of the board by:

Name: Mr A S Parpia
Status: Director

The notes form part of these financial statements

A3K LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration isthe present value of the future receipts. The difference between the fair value of the consideration and thenominal amount received is recognised as interest income.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of thegoods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measuredreliably, it is probable that the economic benefits associated with the transaction will flow to the entity and thecosts incurred or to be incurred in respect of the transaction can be measured reliably.Revenue from contracts for the provision of professional services is recognised by reference to the stage ofcompletion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Thestage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staffrates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenueis recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Motor vehicles 15% SLMThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceedsand the carrying value of the asset, and is credited or charged to profit or loss.

A3K LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

A3K LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 0
Additions 95,419
At 30 November 2023 95,419
Depreciation
At 01 December 2022 0
Charge for year 14,313
At 30 November 2023 14,313
Net book value
At 30 November 2023 81,106
At 30 November 2022 0

A3K LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Fixed investments

Investment property2023£Fair valueAt 1 December 2022 and 30 November 2023 664,013