Company Registration No. 14933848 (England and Wales)
Aakc Ltd
Unaudited accounts
for the period from 13 June 2023 to 30 June 2024
Aakc Ltd
Unaudited accounts
Contents
Aakc Ltd
Company Information
for the period from 13 June 2023 to 30 June 2024
Company Number
14933848 (England and Wales)
Aakc Ltd
Statement of financial position
as at 30 June 2024
Investment property
679,000
Cash at bank and in hand
287,418
Net current assets
288,606
Total assets less current liabilities
968,150
Creditors: amounts falling due after more than one year
(871,733)
Provisions for liabilities
Called up share capital
10
Profit and loss account
76,340
Shareholders' funds
76,350
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 March 2025 and were signed on its behalf by
Tak Shing Cheung
Director
Company Registration No. 14933848
Aakc Ltd
Notes to the Accounts
for the period from 13 June 2023 to 30 June 2024
Aakc Ltd is a private company, limited by shares, registered in England and Wales, registration number 14933848.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Reduced balance 25%
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Fixtures & fittings
Net gain from fair value adjustments
90,481
Aakc Ltd
Notes to the Accounts
for the period from 13 June 2023 to 30 June 2024
Amounts falling due within one year
7
Creditors: amounts falling due after more than one year
2024
Taxes and social security
1,433
Loans from directors
870,300
8
Average number of employees
During the period the average number of employees was 0.