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REGISTERED NUMBER: 09303219 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

A.K.A INTERIORS LIMITED

A.K.A INTERIORS LIMITED (REGISTERED NUMBER: 09303219)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A.K.A INTERIORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr C R Atkinson





REGISTERED OFFICE: 5 Buckstone Garth
East Morton
Keighley
West Yorkshire
BD20 5JE





REGISTERED NUMBER: 09303219 (England and Wales)





ACCOUNTANTS: Temporal Lennon & Company Limited
Chartered Accountants
Suite 1
1 The Crescent
Adel
Leeds
West Yorkshire
LS16 6AA

A.K.A INTERIORS LIMITED (REGISTERED NUMBER: 09303219)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,819 9,092

CURRENT ASSETS
Stocks 10,000 14,000
Debtors 5 2,005 4,273
12,005 18,273
CREDITORS
Amounts falling due within one year 6 88,400 92,961
NET CURRENT LIABILITIES (76,395 ) (74,688 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(69,576

)

(65,596

)

CREDITORS
Amounts falling due after more than one
year

7

13,040

22,499
NET LIABILITIES (82,616 ) (88,095 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (82,617 ) (88,096 )
SHAREHOLDERS' FUNDS (82,616 ) (88,095 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 July 2024 and were signed by:





Mr C R Atkinson - Director


A.K.A INTERIORS LIMITED (REGISTERED NUMBER: 09303219)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

A.K.A Interiors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis which is dependent on the continued financial support of its director. The director has confirmed that this support will be made available for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Showroom display equipment - 50% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

A.K.A INTERIORS LIMITED (REGISTERED NUMBER: 09303219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Showroom Fixtures
display Plant and and
equipment machinery fittings
£    £    £   
COST
At 1 December 2022
and 30 November 2023 16,520 2,221 1,930
DEPRECIATION
At 1 December 2022 16,519 1,952 1,709
Charge for year 1 67 55
At 30 November 2023 16,520 2,019 1,764
NET BOOK VALUE
At 30 November 2023 - 202 166
At 30 November 2022 1 269 221

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 36,590 3,026 60,287
DEPRECIATION
At 1 December 2022 28,614 2,401 51,195
Charge for year 1,994 156 2,273
At 30 November 2023 30,608 2,557 53,468
NET BOOK VALUE
At 30 November 2023 5,982 469 6,819
At 30 November 2022 7,976 625 9,092

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 1,337
Other debtors 2,005 2,936
2,005 4,273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 19,192 14,963
Trade creditors 2,758 16,531
Taxation and social security 10,719 5,509
Other creditors 55,731 55,958
88,400 92,961

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 13,040 22,499

A.K.A INTERIORS LIMITED (REGISTERED NUMBER: 09303219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.23 30.11.22
£    £   
Within one year 10,000 -
Between one and five years - 20,000
10,000 20,000

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C R Atkinson.