Company Registration No. 13703834 (England and Wales)
AK&M PROPERTIES LTD
Unaudited accounts
for the year ended 31 October 2024
AK&M PROPERTIES LTD
Unaudited accounts
Contents
AK&M PROPERTIES LTD
Company Information
for the year ended 31 October 2024
Directors
AMIT NAGIA
KIRAN NAGIA
Company Number
13703834 (England and Wales)
Registered Office
1 THE FIRS
NEWBURY
RG14 2DG
ENGLAND
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
62 BARTHOLOMEW STREET
NEWBURY
NEWBURY
BERKSHIRE
RG14 7BE
AK&M PROPERTIES LTD
Statement of financial position
as at 31 October 2024
Tangible assets
197,484
200,160
Cash at bank and in hand
16,652
15,902
Creditors: amounts falling due within one year
(3,696)
(4,796)
Net current assets
12,956
11,106
Total assets less current liabilities
210,440
211,266
Creditors: amounts falling due after more than one year
(194,335)
(193,498)
Provisions for liabilities
Deferred tax
(1,959)
(1,306)
Called up share capital
2
2
Profit and loss account
14,144
16,460
Shareholders' funds
14,146
16,462
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by
AMIT NAGIA
Director
Company Registration No. 13703834
AK&M PROPERTIES LTD
Notes to the Accounts
for the year ended 31 October 2024
AK&M PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13703834. The registered office is 1 THE FIRS, NEWBURY, RG14 2DG, 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.
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 £ 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:
Land & buildings
Straight line basis over sixty years
Fixtures & fittings
Straight line basis over four years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
206,200
799
468
207,467
At 31 October 2024
206,200
2,236
468
208,904
At 1 November 2023
6,873
200
234
7,307
Charge for the year
3,436
560
117
4,113
At 31 October 2024
10,309
760
351
11,420
At 31 October 2024
195,891
1,476
117
197,484
At 31 October 2023
199,327
599
234
200,160
AK&M PROPERTIES LTD
Notes to the Accounts
for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,975
4,092
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
194,335
193,498
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).