IRIS Accounts Production v25.1.0.734 12930724 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129307242023-10-31129307242024-10-31129307242023-11-012024-10-31129307242022-10-31129307242022-11-012023-10-31129307242023-10-3112930724ns15:EnglandWales2023-11-012024-10-3112930724ns14:PoundSterling2023-11-012024-10-3112930724ns10:Director12023-11-012024-10-3112930724ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3112930724ns10:SmallEntities2023-11-012024-10-3112930724ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3112930724ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3112930724ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3112930724ns10:FullAccounts2023-11-012024-10-3112930724ns10:OrdinaryShareClass12023-11-012024-10-3112930724ns10:RegisteredOffice2023-11-012024-10-3112930724ns5:CurrentFinancialInstruments2024-10-3112930724ns5:CurrentFinancialInstruments2023-10-3112930724ns5:ShareCapital2024-10-3112930724ns5:ShareCapital2023-10-3112930724ns5:RetainedEarningsAccumulatedLosses2024-10-3112930724ns5:RetainedEarningsAccumulatedLosses2023-10-3112930724ns5:ComputerEquipment2023-10-3112930724ns5:ComputerEquipment2023-11-012024-10-3112930724ns5:ComputerEquipment2024-10-3112930724ns5:ComputerEquipment2023-10-3112930724ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3112930724ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3112930724ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 12930724 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

AKR Growth Ventures Ltd

AKR Growth Ventures Ltd (Registered number: 12930724)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


AKR Growth Ventures Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: O Ogunjobi





REGISTERED OFFICE: 147a High Street
Waltham Cross
EN8 7AP





REGISTERED NUMBER: 12930724 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
EN8 7AP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
AKR Growth Ventures Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AKR Growth Ventures Ltd for the year ended 31 October 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of AKR Growth Ventures Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AKR Growth Ventures Ltd and state those matters that we have agreed to state to the director of AKR Growth Ventures Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AKR Growth Ventures Ltd and its director for our work or for this report.

It is your duty to ensure that AKR Growth Ventures Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AKR Growth Ventures Ltd. You consider that AKR Growth Ventures Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AKR Growth Ventures Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
EN8 7AP


23 April 2025

AKR Growth Ventures Ltd (Registered number: 12930724)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 235 313

CURRENT ASSETS
Debtors 5 40,394 28,092
Cash at bank 4,560 2,019
44,954 30,111
CREDITORS
Amounts falling due within one year 6 (7,810 ) (13,341 )
NET CURRENT ASSETS 37,144 16,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,379

17,083

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 37,279 16,983
SHAREHOLDERS' FUNDS 37,379 17,083

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

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

The director acknowledges his 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.

AKR Growth Ventures Ltd (Registered number: 12930724)

Statement of Financial Position - continued
31 October 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 director and authorised for issue on 23 April 2025 and were signed by:





O Ogunjobi - Director


AKR Growth Ventures Ltd (Registered number: 12930724)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

AKR Growth Ventures 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
Turnover 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

AKR Growth Ventures Ltd (Registered number: 12930724)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 600
DEPRECIATION
At 1 November 2023 287
Charge for year 78
At 31 October 2024 365
NET BOOK VALUE
At 31 October 2024 235
At 31 October 2023 313

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,171 -
Amounts owed by associates 18,133 15,296
Other debtors 19,090 12,796
40,394 28,092

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 7,649 9,621
Other creditors 161 3,720
7,810 13,341

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100