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Company Registration No. 08444687 (England and Wales)
AKRK Limited Unaudited accounts for the year ended 31 March 2025
AKRK Limited Unaudited accounts Contents
Page
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AKRK Limited Company Information for the year ended 31 March 2025
Director
A Drazba
Company Number
08444687 (England and Wales)
Registered Office
86-88 HIGH STREET CHATHAM ME4 4DS ENGLAND
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AKRK Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,681 
5,675 
Current assets
Inventories
49,250 
39,500 
Debtors
8,690 
- 
Cash at bank and in hand
356,073 
152,068 
414,013 
191,568 
Creditors: amounts falling due within one year
(230,737)
(105,948)
Net current assets
183,276 
85,620 
Net assets
193,957 
91,295 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
193,955 
91,293 
Shareholders' funds
193,957 
91,295 
For the year ending 31 March 2025 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 12 February 2025 and were signed on its behalf by
A Drazba Director Company Registration No. 08444687
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AKRK Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
AKRK Limited is a private company, limited by shares, registered in England and Wales, registration number 08444687. The registered office is 86-88 HIGH STREET, CHATHAM, ME4 4DS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% on reducing value
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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AKRK Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
- 
7,924 
- 
7,924 
Additions
6,110 
292 
2,165 
8,567 
At 31 March 2025
6,110 
8,216 
2,165 
16,491 
Depreciation
At 1 April 2024
- 
2,249 
- 
2,249 
Charge for the year
1,528 
1,492 
541 
3,561 
At 31 March 2025
1,528 
3,741 
541 
5,810 
Net book value
At 31 March 2025
4,582 
4,475 
1,624 
10,681 
At 31 March 2024
- 
5,675 
- 
5,675 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,800 
- 
Accrued income and prepayments
1,805 
- 
Other debtors
2,085 
- 
8,690 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
133,124 
55,141 
Trade creditors
197 
- 
Taxes and social security
79,004 
7,673 
Other creditors
3,364 
23,659 
Loans from directors
15,048 
14,519 
Accruals
- 
4,956 
230,737 
105,948 
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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