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REGISTERED NUMBER: 09458238 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Amaksuk Limited

Amaksuk Limited (Registered number: 09458238)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Amaksuk Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Ms A Zlatkina





SECRETARY:





REGISTERED OFFICE: Office 54
176 Finchley Road
London
NW3 6BT





REGISTERED NUMBER: 09458238 (England and Wales)





ACCOUNTANTS: Clearword Limited
1 Wrexham Road
Laindon
Basildon
Essex
SS15 6PX

Amaksuk Limited (Registered number: 09458238)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 371 494
Investment property 5 1,675,849 1,675,849
1,676,220 1,676,343

CURRENT ASSETS
Cash at bank 89,384 34,032

CREDITORS
Amounts falling due within one year 6 1,360,543 1,364,752
NET CURRENT LIABILITIES (1,271,159 ) (1,330,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,061

345,623

CREDITORS
Amounts falling due after more than one
year

7

55,000

23,000
NET ASSETS 350,061 322,623

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 349,961 322,523
SHAREHOLDERS' FUNDS 350,061 322,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Amaksuk Limited (Registered number: 09458238)

Balance Sheet - continued
29 February 2024


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 director and authorised for issue on 29 November 2024 and were signed by:





Ms A Zlatkina - Director


Amaksuk Limited (Registered number: 09458238)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Amaksuk Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 year 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 year 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 year was 2 (2023 - 1 ) .

Amaksuk Limited (Registered number: 09458238)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 1,561
DEPRECIATION
At 1 March 2023 1,067
Charge for year 123
At 29 February 2024 1,190
NET BOOK VALUE
At 29 February 2024 371
At 28 February 2023 494

Included in cost of land and buildings is long leasehold properties of £1,675,849 which are not depreciated.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 1,675,849
NET BOOK VALUE
At 29 February 2024 1,675,849
At 28 February 2023 1,675,849

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 4,554 3,985
Amounts owed to group undertakings 1,345,640 1,345,640
Tax 6,635 2,270
Social security and other taxes 120 -
Other creditors - 8,000
Directors' current accounts 3,594 4,857
1,360,543 1,364,752

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Other loans (see note 8) 55,000 23,000

Amaksuk Limited (Registered number: 09458238)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
29.2.24 28.2.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal (120,000 ) (135,000 )

8. LOANS

An analysis of the maturity of loans is given below:

29.2.24 28.2.23
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 175,000 158,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal (120,000 ) (135,000 )

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary Shares £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 March 2023 322,523
Profit for the year 28,163
Dividends (725 )
At 29 February 2024 349,961

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms A Zlatkina.