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REGISTERED NUMBER: 06053426 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ANDKAT LIMITED

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANDKAT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr A L Charalambous





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 06053426 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,131 3,684
Investment property 5 1,740,000 1,740,000
1,743,131 1,743,684

CURRENT ASSETS
Debtors 6 650,272 609,800
Cash at bank 40,638 20,520
690,910 630,320
CREDITORS
Amounts falling due within one year 7 166,479 31,387
NET CURRENT ASSETS 524,431 598,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,267,562

2,342,617

CREDITORS
Amounts falling due after more than one
year

8

(1,212,620

)

(1,327,940

)

PROVISIONS FOR LIABILITIES 10 (66,437 ) (66,437 )
NET ASSETS 988,505 948,240

CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 12 609,378 609,378
Retained earnings 379,126 338,861
SHAREHOLDERS' FUNDS 988,505 948,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

BALANCE SHEET - continued
31 JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Mr A L Charalambous - Director


ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Andkat 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2023
and 31 January 2024 36,922
DEPRECIATION
At 1 February 2023 33,238
Charge for year 553
At 31 January 2024 33,791
NET BOOK VALUE
At 31 January 2024 3,131
At 31 January 2023 3,684

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,740,000
NET BOOK VALUE
At 31 January 2024 1,740,000
At 31 January 2023 1,740,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2013 (30,000 )
Valuation in 2011 722,428
Cost 1,047,572
1,740,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 650,272 609,800

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 5,749 2,438
Amount owed to related party 118,000 -
Tax 12,911 18,295
Other creditors 24,450 4,450
Directors' current accounts 1,292 1,292
Accrued expenses 4,077 4,912
166,479 31,387

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans (see note 9) 1,212,620 1,327,940

9. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 1,212,620 1,327,940

10. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 66,437 66,437

Deferred
tax
£   
Balance at 1 February 2023 66,437
Balance at 31 January 2024 66,437

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary shares £1 1 1

ANDKAT LIMITED (REGISTERED NUMBER: 06053426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


12. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 609,378