Company Registration No. 09074678 (England and Wales)
Askkd Limited
Unaudited accounts
for the year ended 30 June 2024
Askkd Limited
Unaudited accounts
Contents
Askkd Limited
Company Information
for the year ended 30 June 2024
Directors
Kian Vishann Bobby Parmar
Dilip Kumar Karsanji Parmar
Company Number
09074678 (England and Wales)
Registered Office
Jsm, Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
United Kingdom
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
Askkd Limited
Statement of financial position
as at 30 June 2024
Tangible assets
731,588
750,180
Investment property
-
354,205
Cash at bank and in hand
138,024
27,231
Creditors: amounts falling due within one year
(948,866)
(913,263)
Net current liabilities
(437,275)
(880,333)
Net assets
294,313
224,052
Called up share capital
99
99
Profit and loss account
294,214
223,953
Shareholders' funds
294,313
224,052
For the year 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 directors acknowledge their 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 of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Kian Vishann Bobby Parmar
Director
Company Registration No. 09074678
Askkd Limited
Notes to the Accounts
for the year ended 30 June 2024
Askkd Limited is a private company, limited by shares, registered in England and Wales, registration number 09074678. The registered office is Jsm, Brightfield Business Hub, Bakewell Road, Peterborough, Cambridgeshire, PE2 6XU, United Kingdom.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
742,296
12,502
19,247
774,045
Additions
(28,000)
1,250
14,653
(12,097)
At 30 June 2024
714,296
13,752
33,900
761,948
At 1 July 2023
-
11,528
12,337
23,865
Charge for the year
-
1,015
5,480
6,495
At 30 June 2024
-
12,543
17,817
30,360
At 30 June 2024
714,296
1,209
16,083
731,588
At 30 June 2023
742,296
974
6,910
750,180
Fair value at 1 July 2023
354,205
Askkd Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,697
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
24,289
6,605
Loans from directors
924,577
679,524
During the year loans totalling £912,457 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2023: 0).