AKASA (EUROPE) LIMITED

Company Registration Number:
03406977 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

AKASA (EUROPE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

AKASA (EUROPE) LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 4,752 5,794
Total fixed assets: 4,752 5,794
Current assets
Stocks: 771,964 983,063
Debtors:   131,394 190,286
Cash at bank and in hand: 159,572 240,367
Total current assets: 1,062,930 1,413,716
Creditors: amounts falling due within one year:   (112,799) (369,406)
Net current assets (liabilities): 950,131 1,044,310
Total assets less current liabilities: 954,883 1,050,104
Total net assets (liabilities): 954,883 1,050,104
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 949,883 1,045,104
Shareholders funds: 954,883 1,050,104

The notes form part of these financial statements

AKASA (EUROPE) LIMITED

Balance sheet statements

For the year ending 31 October 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 21 August 2024
and signed on behalf of the board by:

Name: Yi Tsen Chen
Status: Director

The notes form part of these financial statements

AKASA (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AKASA (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

AKASA (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 205,376
At 31 October 2023 205,376
Depreciation
At 01 November 2022 199,582
Charge for year 1,042
At 31 October 2023 200,624
Net book value
At 31 October 2023 4,752
At 31 October 2022 5,794