3 December 2023 false No description of principal activity Taxfiler 2024.6 06826326business:PrivateLimitedCompanyLtd2023-12-032024-12-03 068263262023-12-02 068263262023-12-032024-12-03 06826326business:AuditExemptWithAccountantsReport2023-12-032024-12-03 06826326business:FilletedAccounts2023-12-032024-12-03 068263262024-12-03 06826326business:Director12023-12-032024-12-03 06826326business:CompanySecretary12023-12-032024-12-03 06826326business:RegisteredOffice2023-12-032024-12-03 068263262023-12-31 06826326core:WithinOneYear2024-12-03 06826326core:WithinOneYear2023-12-31 06826326core:CapitalContributionReservecore:PreviouslyStatedAmount2024-12-03 06826326core:CapitalContributionReservecore:PreviouslyStatedAmount2023-12-31 06826326core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-03 06826326core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06826326core:PreviouslyStatedAmount2024-12-03 06826326core:PreviouslyStatedAmount2023-12-31 06826326business:SmallEntities2023-12-032024-12-03 06826326countries:EnglandWales2023-12-032024-12-03 068263262022-12-032023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06826326 (England and Wales)
AKAB U.K Limited Unaudited accounts for the period from 3 December 2023 to 3 December 2024
AKAB U.K Limited Unaudited accounts Contents
Page
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AKAB U.K Limited Company Information for the period from 3 December 2023 to 3 December 2024
Director
Olabode Gideon George
Secretary
Olabode Gideon George
Company Number
06826326 (England and Wales)
Registered Office
Capital Office 124-128 City Road London London EC1V 2NX England
Accountants
Sodavic & Associates 193 Sixth Avenue London E12 5PT
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AKAB U.K Limited Accountants' report
Accountants' report to the director of AKAB U.K Limited on the preparation of the unaudited statutory accounts for the period from 3 December 2023 to 3 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AKAB U.K Limited for the period from 3 December 2023 to 3 December 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of AKAB U.K Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of AKAB U.K Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AKAB U.K Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AKAB U.K Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of AKAB U.K Limited. You consider that AKAB U.K Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of AKAB U.K Limited. 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 accounts.
Sodavic & Associates 193 Sixth Avenue London E12 5PT 1 May 2025
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AKAB U.K Limited Statement of financial position as at 3 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
13,336 
7,865 
Cash at bank and in hand
2,159 
279 
15,495 
8,144 
Creditors: amounts falling due within one year
(38,429)
(8,493)
Net current liabilities
(22,934)
(349)
Net liabilities
(22,934)
(349)
Capital and reserves
Capital contribution reserve
1 
1 
Profit and loss account
(22,935)
(350)
Shareholders' funds
(22,934)
(349)
For the period ending 3 December 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 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 30 April 2025 and were signed on its behalf by
Olabode Gideon George Director Company Registration No. 06826326
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AKAB U.K Limited Notes to the Accounts for the period from 3 December 2023 to 3 December 2024
1
Statutory information
AKAB U.K Limited is a private company, limited by shares, registered in England and Wales, registration number 06826326. The registered office is Capital Office, 124-128 City Road, London, London, EC1V 2NX, 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 period, 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
13,336 
7,865 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
7,993 
7,993 
Loans from directors
29,686 
- 
Accruals
750 
500 
38,429 
8,493 
6
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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