2022-10-01 2023-09-30 false No description of principal activity Debitam - Tax and Accounts 1.0 11588575 bus:FullAccounts 2022-10-01 2023-09-30 11588575 bus:Micro-entities 2022-10-01 2023-09-30 11588575 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 11588575 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 11588575 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11588575 2022-10-01 2023-09-30 11588575 2023-09-30 11588575 bus:RegisteredOffice 2022-10-01 2023-09-30 11588575 core:WithinOneYear 2023-09-30 11588575 core:AfterOneYear 2023-09-30 11588575 2021-10-01 11588575 bus:Director1 2022-10-01 2023-09-30 11588575 bus:Director1 2023-09-30 11588575 bus:Director1 2021-10-01 2022-09-30 11588575 bus:CompanySecretary1 2022-10-01 2023-09-30 11588575 bus:LeadAgentIfApplicable 2022-10-01 2023-09-30 11588575 2021-10-01 2022-09-30 11588575 2022-09-30 11588575 core:WithinOneYear 2022-09-30 11588575 core:AfterOneYear 2022-09-30 11588575 bus:EntityAccountantsOrAuditors 2021-10-01 2022-09-30 11588575 core:PlantMachinery 2022-10-01 2023-09-30 11588575 core:PlantMachinery 2023-09-30 11588575 core:PlantMachinery 2022-09-30 11588575 core:ComputerEquipment 2022-10-01 2023-09-30 11588575 core:ComputerEquipment 2023-09-30 11588575 core:ComputerEquipment 2022-09-30 11588575 core:OfficeEquipment 2022-10-01 2023-09-30 11588575 core:OfficeEquipment 2023-09-30 11588575 core:OfficeEquipment 2022-09-30 11588575 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-09-30 11588575 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-09-30 11588575 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 11588575 core:CostValuation core:Non-currentFinancialInstruments 2022-09-30 11588575 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-09-30 11588575 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-09-30 11588575 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-09-30 11588575 core:Non-currentFinancialInstruments 2023-09-30 11588575 core:Non-currentFinancialInstruments 2022-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11588575
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 30 September 2023

for

AKINS SQUARED LIMITED

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 63,385  79,231 
Current assets 737  2,983 
Creditors: amount falling due within one year (17,444) (367)
Net current assets (16,707) 2,616 
Total assets less current liabilities 46,678  81,847 
Creditors: amount falling due after more than one year (246,830) (249,599)
Net assets (200,152) (167,752)
 
Capital and reserves (200,152) (167,752)
 
  1. For the year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Akinola Akinpelu Kongi
Director

Date approved: 27 November 2024
1
Statutory Information
AKINS SQUARED LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 11588575, registration address Office 4, 219 Kensington High Street, Kensington, England, W8 6BD, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery20% Reducing Balance
Computer Equipment20% Reducing Balance
Office Equipment20% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Plant and Machinery   Computer Equipment   Office Equipment   Total
  £   £   £   £
At 01 October 2022 170,000    8,379    4,800    183,179 
Additions      
Disposals      
At 30 September 2023 170,000    8,379    4,800    183,179 
Depreciation
At 01 October 2022 96,464    4,650    2,834    103,948 
Charge for year 14,707    746    393    15,846 
On disposals      
At 30 September 2023 111,171    5,396    3,227    119,794 
Net book values
Closing balance as at 30 September 2023 58,829    2,983    1,573    63,385 
Opening balance as at 01 October 2022 73,536    3,729    1,966    79,231 

3.

Average number of employees

Average number of employees during the year was 1  (2022: 1).
2