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REGISTERED NUMBER: 11426917 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

Aykam Estate Ltd

Aykam Estate Ltd (Registered number: 11426917)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Aykam Estate Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Varinderpal Singh Gill
Mrs Surinder Kaur Gill





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 11426917 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Aykam Estate Ltd (Registered number: 11426917)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 370,364 370,364

CURRENT ASSETS
Debtors 5 11,260 43,164
Cash at bank and in hand 20,748 63,264
32,008 106,428
CREDITORS
Amounts falling due within one year 6 20,283 101,239
NET CURRENT ASSETS 11,725 5,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,089

375,553

CREDITORS
Amounts falling due after more than one
year

7

361,583

352,477
NET ASSETS 20,506 23,076

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 20,504 23,074
SHAREHOLDERS' FUNDS 20,506 23,076

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.

Aykam Estate Ltd (Registered number: 11426917)

Statement of Financial Position - 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 27 March 2025 and were signed on its behalf by:





Mr Varinderpal Singh Gill - Director


Aykam Estate Ltd (Registered number: 11426917)

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

1. STATUTORY INFORMATION

Aykam Estate Ltd 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 July 2023
and 30 June 2024 370,364
NET BOOK VALUE
At 30 June 2024 370,364
At 30 June 2023 370,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 9,660 43,164
Other debtors 1,600 -
11,260 43,164

Aykam Estate Ltd (Registered number: 11426917)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 5,008 5,008
Other creditors 15,275 96,231
20,283 101,239

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 361,583 352,477

Amounts falling due in more than five years:

Repayable by instalments
Bank Loan - 5 114,479 113,436
Bank Loan - 6 144,466 62,861
258,945 176,297

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Share capital 1 £1 2 2