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Company Registration No. 11604182 (England and Wales)
AKSARS LTD Unaudited accounts for the year ended 31 December 2023
AKSARS LTD Unaudited accounts Contents
Page
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AKSARS LTD Company Information for the year ended 31 December 2023
Director
Jayesh Raichand
Company Number
11604182 (England and Wales)
Registered Office
513 KINGSBURY ROAD HARROW NW9 9EG ENGLAND
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AKSARS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
108,246 
108,246 
Tangible assets
15,219 
16,088 
123,465 
124,334 
Current assets
Debtors
1,052 
- 
Cash at bank and in hand
31,890 
6,723 
32,942 
6,723 
Net current assets
32,942 
6,723 
Total assets less current liabilities
156,407 
131,057 
Creditors: amounts falling due after more than one year
(78,781)
(94,924)
Net assets
77,626 
36,133 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
77,426 
35,933 
Shareholders' funds
77,626 
36,133 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 September 2024 and were signed on its behalf by
Jayesh Raichand Director Company Registration No. 11604182
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AKSARS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
AKSARS LTD is a private company, limited by shares, registered in England and Wales, registration number 11604182. The registered office is 513 KINGSBURY ROAD, HARROW, NW9 9EG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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AKSARS LTD Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
108,246 
At 31 December 2023
108,246 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
108,246 
At 31 December 2022
108,246 
Payment for the commercial property acquired: 513 Kingsbury Road, London NW9 9EG Goodwill Payment: £100,000 SDLT: £3.783 Other Legal expenses: £4,463 Total Purchase costs: £108,246
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
18,163 
At 31 December 2023
18,163 
Depreciation
At 1 January 2023
2,075 
Charge for the year
869 
At 31 December 2023
2,944 
Net book value
At 31 December 2023
15,219 
At 31 December 2022
16,088 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,052 
- 
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AKSARS LTD Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,046 
19,489 
Loans from directors
50,735 
75,435 
78,781 
94,924 
Bank Loan: 26,083 Directors Loan:105,860
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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