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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
Page
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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
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AK&M PROPERTIES LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
197,484 
200,160 
Current assets
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)
Net assets
14,146 
16,462 
Capital and reserves
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
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AK&M PROPERTIES LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
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.
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:
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 
Additions
- 
1,437 
- 
1,437 
At 31 October 2024
206,200 
2,236 
468 
208,904 
Depreciation
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 
Net book value
At 31 October 2024
195,891 
1,476 
117 
197,484 
At 31 October 2023
199,327 
599 
234 
200,160 
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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 
£ 
£ 
Trade creditors
395 
371 
Taxes and social security
2,975 
4,092 
Other creditors
2 
2 
Accruals
324 
331 
3,696 
4,796 
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).
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