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REGISTERED NUMBER: 08326111 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AKB 2000 LIMITED

AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AKB 2000 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A K Burton
Miss S Godbold





SECRETARY:





REGISTERED OFFICE: 26 Hadenham Road
Lowestoft
Suffolk
NR33 7NF





REGISTERED NUMBER: 08326111 (England and Wales)





ACCOUNTANTS: Juler Tooke
Lothing House
Quay View Business Park
Barnards Way
Lowestoft
Suffolk
NR32 2HD

AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 111,716 117,934
121,716 127,934

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 6 4,038 15,501
Cash at bank and in hand 94,131 99,725
109,169 126,226
CREDITORS
Amounts falling due within one year 7 (60,270 ) (73,695 )
NET CURRENT ASSETS 48,899 52,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,615

180,465

CREDITORS
Amounts falling due after more than one
year

8

(84,000

)

(109,951

)
NET ASSETS 86,615 70,514

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 86,515 70,414
86,615 70,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





A K Burton - Director


AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Akb 2000 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 15% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 10,000
NET BOOK VALUE
At 31 December 2023 10,000
At 31 December 2022 10,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 23,548 243,295 266,843
Additions - 8,893 8,893
At 31 December 2023 23,548 252,188 275,736
DEPRECIATION
At 1 January 2023 - 148,909 148,909
Charge for year - 15,111 15,111
At 31 December 2023 - 164,020 164,020
NET BOOK VALUE
At 31 December 2023 23,548 88,168 111,716
At 31 December 2022 23,548 94,386 117,934

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,038 15,501

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 13,921 37,567
Taxation and social security 41,237 30,922
Other creditors 5,112 5,206
60,270 73,695

AKB 2000 LIMITED (REGISTERED NUMBER: 08326111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 84,000 109,951

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 84,000 109,951

9. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors Mr A Burton and Miss S Godbold as holders of the entire
share capital of the company throughout the period.

The company operates a loan account with the directors and as at the 31 December 2023 the balance was correctly stated at £3,575.