Company Registration No. 13921394 (England and Wales)
Aakad Ltd
Unaudited accounts
for the year ended 29 February 2024
Aakad Ltd
Unaudited accounts
Contents
Aakad Ltd
Company Information
for the year ended 29 February 2024
Director
Akande Akinlabi Ayodele
Company Number
13921394 (England and Wales)
Registered Office
24 THE RIDGE
STOURBRIDGE
WEST MIDLANDS
DY8 5SU
UNITED KINGDOM
Aakad Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
8,283
7,241
Creditors: amounts falling due within one year
-
(8,166)
Net current assets
8,283
20,111
Profit and loss account
8,591
22,169
Shareholders' funds
8,591
22,169
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 20 November 2024 and were signed on its behalf by
Akande Akinlabi Ayodele
Director
Company Registration No. 13921394
Aakad Ltd
Notes to the Accounts
for the year ended 29 February 2024
Aakad Ltd is a private company, limited by shares, registered in England and Wales, registration number 13921394. The registered office is 24 THE RIDGE, STOURBRIDGE, WEST MIDLANDS, DY8 5SU, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ã 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
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
308
3,500
3,808
At 29 February 2024
308
3,500
3,808
At 1 March 2023
-
1,750
1,750
Charge for the year
-
1,750
1,750
At 29 February 2024
-
3,500
3,500
At 29 February 2024
308
-
308
At 28 February 2023
308
1,750
2,058
Amounts falling due within one year
Aakad Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
8,156
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).