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Company Registration No. 13473149 (England and Wales)
Aka Manchester Ltd Unaudited accounts for the year ended 30 June 2024
Aka Manchester Ltd Unaudited accounts Contents
Page
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Aka Manchester Ltd Company Information for the year ended 30 June 2024
Director
Mr W Xu
Company Number
13473149 (England and Wales)
Registered Office
Unit 1, St James Tower 7 Charlotte Street Manchester M1 4DZ England
Accountants
Harmony Accountancy Limited Chartered Certified Accountant 124 City Road London EC1V 2NX
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Aka Manchester Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,273 
1,910 
Current assets
Inventories
2,332 
2,226 
Debtors
6,071 
17,501 
Cash at bank and in hand
159,613 
157,485 
168,016 
177,212 
Creditors: amounts falling due within one year
(60,819)
(65,411)
Net current assets
107,197 
111,801 
Total assets less current liabilities
108,470 
113,711 
Creditors: amounts falling due after more than one year
- 
(2,000)
Provisions for liabilities
Deferred tax
(319)
(478)
Net assets
108,151 
111,233 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
108,150 
111,232 
Shareholders' funds
108,151 
111,233 
For the year ending 30 June 2024 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 3 October 2024 and were signed on its behalf by
Mr W Xu Director Company Registration No. 13473149
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Aka Manchester Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Aka Manchester Ltd is a private company, limited by shares, registered in England and Wales, registration number 13473149. The registered office is Unit 1, St James Tower, 7 Charlotte Street, Manchester, M1 4DZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
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.
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:
Plant & machinery
25% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Aka Manchester Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
2,547 
At 30 June 2024
2,547 
Depreciation
At 1 July 2023
637 
Charge for the year
637 
At 30 June 2024
1,274 
Net book value
At 30 June 2024
1,273 
At 30 June 2023
1,910 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,071 
6,292 
Accrued income and prepayments
- 
11,209 
6,071 
17,501 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,078 
26,844 
Trade creditors
28,555 
5,845 
Taxes and social security
796 
28,909 
Other creditors
11,785 
- 
Accruals
10,605 
3,813 
60,819 
65,411 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
- 
2,000 
8
Average number of employees
During the year the average number of employees was 20 (2023: 17).
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