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REGISTERED NUMBER: 09921398 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

AKB-Envirobuild Limited

AKB-Envirobuild Limited (Registered number: 09921398)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AKB-Envirobuild Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr. A K Barraclough
Mrs. S J Barraclough





SECRETARY:





REGISTERED OFFICE: Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ





REGISTERED NUMBER: 09921398 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

AKB-Envirobuild Limited (Registered number: 09921398)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,582 2,194
Investment property 5 1,185,000 1,185,000
1,186,582 1,187,194

CURRENT ASSETS
Debtors 6 173 244
Cash at bank and in hand 2,113 4,553
2,286 4,797
CREDITORS
Amounts falling due within one year 7 397,842 428,737
NET CURRENT LIABILITIES (395,556 ) (423,940 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

791,026

763,254

CREDITORS
Amounts falling due after more than one
year

8

(195,615

)

(193,302

)

PROVISIONS FOR LIABILITIES (115,013 ) (87,526 )
NET ASSETS 480,398 482,426

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 371,361 371,361
Retained earnings 108,937 110,965
SHAREHOLDERS' FUNDS 480,398 482,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AKB-Envirobuild Limited (Registered number: 09921398)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 18 February 2025 and were signed on its behalf by:





Mr. A K Barraclough - Director


AKB-Envirobuild Limited (Registered number: 09921398)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

AKB-Envirobuild 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

AKB-Envirobuild Limited (Registered number: 09921398)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST OR VALUATION
At 1 July 2023 650 4,963 5,613
Additions - 799 799
At 30 June 2024 650 5,762 6,412
DEPRECIATION
At 1 July 2023 254 3,165 3,419
Charge for year 99 1,312 1,411
At 30 June 2024 353 4,477 4,830
NET BOOK VALUE
At 30 June 2024 297 1,285 1,582
At 30 June 2023 396 1,798 2,194

Cost or valuation at 30 June 2024 is represented by:

Plant and Computer
machinery equipment Totals
£ £ £
Valuation in 2023 650 5,762 6,412

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,185,000
NET BOOK VALUE
At 30 June 2024 1,185,000
At 30 June 2023 1,185,000

The directors have assessed the fair value of investment property. The valuation has been made on an open market basis by reference to similar properties.The original cost of all investment properties was £697,843 (2023 - £695,434). The directors are satisfied with the valuation of investment property.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Other debtors 173 244

AKB-Envirobuild Limited (Registered number: 09921398)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Bank loans and overdrafts (see note 9) 1,281 1,103
Amounts owed to associates 52,089 52,089
Taxation and social security 6,808 2,122
Other creditors 337,664 373,423
397,842 428,737

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£ £
Bank loans (see note 9) 195,615 193,302

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 years 1,399 2,114

9. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£ £
Amounts falling due within one year or on demand:
Bank loans 1,281 1,103

Amounts falling due between two and five years:
Bank loans - 2-5 years 194,216 191,188

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 years 1,399 2,114

10. RESERVES
Fair value
reserve
£
At 1 July 2023
and 30 June 2024 371,361

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors: amounts falling due within one year is a loan from the director of £249,230 (2023 - £282,394). The loan is interest free with no fixed date for repayment.