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REGISTERED NUMBER: 15027375 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE PERIOD

25 JULY 2023 TO 31 JULY 2024

FOR

AKIRA HOLDINGS LIMITED

AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 JULY 2023 TO 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AKIRA HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 25 JULY 2023 TO 31 JULY 2024







DIRECTOR: S K Satsavia





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 15027375 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

BALANCE SHEET
31 JULY 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 8,522
Tangible assets 5 677,109
Investments 6 1
685,632

CURRENT ASSETS
Debtors 7 29,662
Cash at bank 21,421
51,083
CREDITORS
Amounts falling due within one year 8 446,043
NET CURRENT LIABILITIES (394,960 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,672

CREDITORS
Amounts falling due after more than one
year

9

(87,347

)

PROVISIONS FOR LIABILITIES (13,798 )
NET ASSETS 189,527

CAPITAL AND RESERVES
Called up and paid share capital 130
Retained earnings 189,397
SHAREHOLDERS' FUNDS 189,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:





S K Satsavia - Director


AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 JULY 2023 TO 31 JULY 2024


1. STATUTORY INFORMATION

Akira Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Akira Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Intangible assets
Computer software is being amortised at 25% reducing balance

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amrotised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.


AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 JULY 2023 TO 31 JULY 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 10,488
At 31 July 2024 10,488
AMORTISATION
Charge for period 1,966
At 31 July 2024 1,966
NET BOOK VALUE
At 31 July 2024 8,522

AKIRA HOLDINGS LIMITED (REGISTERED NUMBER: 15027375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 JULY 2023 TO 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 846,883
At 31 July 2024 846,883
DEPRECIATION
Charge for period 174,774
Eliminated on disposal (5,000 )
At 31 July 2024 169,774
NET BOOK VALUE
At 31 July 2024 677,109

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 1
At 31 July 2024 1
NET BOOK VALUE
At 31 July 2024 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 29,662

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 250,987
Trade creditors 24,375
Amounts owed to group undertakings 45,828
Taxation and social security 80,871
Other creditors 43,982
446,043

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 87,347