1 January 2023 false No description of principal activity Taxfiler 2024.5 SC552435business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC5524352022-12-31 SC5524352023-01-012023-12-31 SC552435business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC552435business:AbridgedAccounts2023-01-012023-12-31 SC5524352023-12-31 SC552435business:Director12023-01-012023-12-31 SC552435business:Director22023-01-012023-12-31 SC552435business:RegisteredOffice2023-01-012023-12-31 SC5524352022-12-31 SC552435core:WithinOneYear2023-12-31 SC552435core:WithinOneYear2022-12-31 SC552435core:AfterOneYear2023-12-31 SC552435core:AfterOneYear2022-12-31 SC552435core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC552435core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC552435core:RevaluationReservecore:PreviouslyStatedAmount2023-12-31 SC552435core:RevaluationReservecore:PreviouslyStatedAmount2022-12-31 SC552435core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC552435core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC552435core:PreviouslyStatedAmount2023-12-31 SC552435core:PreviouslyStatedAmount2022-12-31 SC552435business:SmallEntities2023-01-012023-12-31 SC552435countries:Scotland2023-01-012023-12-31 SC5524352022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC552435 (Scotland)
A&K PROPERTY LTD Unaudited accounts for the year ended 31 December 2023
A&K PROPERTY LTD Unaudited accounts Contents
Page
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A&K PROPERTY LTD Company Information for the year ended 31 December 2023
Directors
Alexander Sikorsky Kate Louise Sikorsky
Company Number
SC552435 (Scotland)
Registered Office
4 Panmure Street Brechin Angus DD9 6AP Scotland
Accountants
Andrea Mcewen AMS Accounting 3 High Street KIRRIEMUIR ANGUS DD84EY
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A&K PROPERTY LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,124,095 
833,913 
Current assets
Debtors
29 
13,381 
Cash at bank and in hand
159 
569 
188 
13,950 
Creditors: amounts falling due within one year
(34,552)
(3,453)
Net current (liabilities)/assets
(34,364)
10,497 
Total assets less current liabilities
1,089,731 
844,410 
Creditors: amounts falling due after more than one year
(821,708)
(730,162)
Provisions for liabilities
Deferred tax
(58,446)
(29,946)
Net assets
209,577 
84,302 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
307,614 
157,614 
Profit and loss account
(98,039)
(73,314)
Shareholders' funds
209,577 
84,302 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
Alexander Sikorsky Director Company Registration No. SC552435
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A&K PROPERTY LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
A&K PROPERTY LTD is a private company, limited by shares, registered in Scotland, registration number SC552435. The registered office is 4 Panmure Street, Brechin, Angus, DD9 6AP, Scotland.
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.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
836,241 
Additions
208,639 
Revaluations
150,000 
Disposals
(68,229)
At 31 December 2023
1,126,651 
Depreciation
At 1 January 2023
2,328 
Charge for the year
228 
At 31 December 2023
2,556 
Net book value
At 31 December 2023
1,124,095 
At 31 December 2022
833,913 
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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