Registered number
12581235
A&AK Construction Limited
Filleted Accounts
31 May 2024
A&AK Construction Limited
Registered number: 12581235
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 23,863 12,548
Current assets
Debtors 4 19,907 4,311
Cash at bank and in hand 311 8,813
20,218 13,124
Creditors: amounts falling due within one year 5 (33,353) (17,267)
Net current liabilities (13,135) (4,143)
Net assets 10,728 8,405
Capital and reserves
Called up share capital 1 1
Profit and loss account 10,727 8,404
Shareholder's funds 10,728 8,405
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sandeep Kapoor
Director
Approved by the board on 21 October 2024
A&AK Construction Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current period.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Functional and presentation currency
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.
Employee benefits
Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.

Post-employment defined contribution plans
Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.

Termination benefits
Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.
Going concern
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 3,126 12,993 16,119
Additions - 24,600 24,600
Disposals - (10,394) (10,394)
At 31 May 2024 3,126 27,199 30,325
Depreciation
At 1 June 2023 972 2,599 3,571
Charge for the year 431 2,460 2,891
At 31 May 2024 1,403 5,059 6,462
Net book value
At 31 May 2024 1,723 22,140 23,863
At 31 May 2023 2,154 10,394 12,548
4 Debtors 2024 2023
£ £
Other debtors 19,907 4,311
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 14,738 13,640
Taxation and social security costs (3,783) 2,877
Other creditors 22,398 750
33,353 17,267
6 Related party transactions
Included within other creditors is a director's loan of £21,647.47 (2023 - £Nil).
7 Controlling party
Sandeep Kapoor is the ultimate controlling party.
8 Other information
A&AK Construction Limited is a private company limited by shares and incorporated in England. Its registered office is:
61 Lyme Road
Welling, Kent
DA16 1RG
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