Registered number
11899173
A-OK9 Ltd
Unaudited Filleted Accounts
31 August 2024
A-OK9 Ltd
Registered number: 11899173
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 10,439 3,400
Tangible assets 4 1,264 1,487
11,703 4,887
Current assets
Stocks 17,851 28,995
Debtors 5 15,508 11,814
Cash at bank and in hand 158,231 168,396
191,590 209,205
Creditors: amounts falling due within one year 6 (116,613) (122,639)
Net current assets 74,977 86,566
Total assets less current liabilities 86,680 91,453
Provisions for liabilities (2,926) -
Net assets 83,754 91,453
Capital and reserves
Called up share capital 100 100
Profit and loss account 83,654 91,353
Shareholders' funds 83,754 91,453
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss L Langman
Director
Approved by the board on 12 May 2025
A-OK9 Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors/creditors
Debtors and creditors with no stated interest rate and receivable/payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 3
3 Intangible fixed assets £
Software and trademarks:
Cost
At 1 September 2023 38,500
Additions 9,649
At 31 August 2024 48,149
Amortisation
At 1 September 2023 35,100
Provided during the year 2,610
At 31 August 2024 37,710
Net book value
At 31 August 2024 10,439
At 31 August 2023 3,400
Software is being written off in equal annual instalments over its estimated economic life of 3 years.
Trademarks are being written off in equal annual instalments over their estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 2,495
At 31 August 2024 2,495
Depreciation
At 1 September 2023 1,008
Charge for the year 223
At 31 August 2024 1,231
Net book value
At 31 August 2024 1,264
At 31 August 2023 1,487
5 Debtors 2024 2023
£ £
Trade debtors 1,801 901
Other debtors 13,707 10,913
15,508 11,814
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 87,537 33,841
Taxation and social security costs 13,990 83,747
Other creditors 15,086 5,051
116,613 122,639
7 Related party transactions
In the year, there were intercompany loans from/ (to) the following related close companies controlled by the directors:
2024 2023
£ £
M & L Dogs Life Ltd 8,028 -
absoluteDogs Ltd 558 -
8,586 -
8 Other information
A-OK9 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
5 Providence Court
Pynes Hill
Exeter
Devon
EX2 5JL
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