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REGISTERED NUMBER: 14644190 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 6 FEBRUARY 2023 TO 28 FEBRUARY 2024

FOR

AAK ESTATES LTD

AAK ESTATES LTD (REGISTERED NUMBER: 14644190)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 FEBRUARY 2023 TO 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AAK ESTATES LTD

COMPANY INFORMATION
FOR THE PERIOD 6 FEBRUARY 2023 TO 28 FEBRUARY 2024







DIRECTORS: A Hicks
Mrs A G Hicks
Mrs K M Nicholls





REGISTERED OFFICE: 214a Padgbury Lane
Congleton
CW12 4HU





REGISTERED NUMBER: 14644190 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

AAK ESTATES LTD (REGISTERED NUMBER: 14644190)

BALANCE SHEET
28 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 253,625

CURRENT ASSETS
Debtors 5 8,418
Cash at bank 11,675
20,093
CREDITORS
Amounts falling due within one year 6 3,437
NET CURRENT ASSETS 16,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

270,281

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 270,181
SHAREHOLDERS' FUNDS 270,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 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.

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 28 June 2024 and were signed on its behalf by:





A Hicks - Director


AAK ESTATES LTD (REGISTERED NUMBER: 14644190)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 FEBRUARY 2023 TO 28 FEBRUARY 2024

1. STATUTORY INFORMATION

AAK Estates Ltd 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

AAK ESTATES LTD (REGISTERED NUMBER: 14644190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 FEBRUARY 2023 TO 28 FEBRUARY 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 256,000
At 28 February 2024 256,000
DEPRECIATION
Charge for period 2,375
At 28 February 2024 2,375
NET BOOK VALUE
At 28 February 2024 253,625

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 7,996
Other debtors 422
8,418

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,477
Other creditors 960
3,437