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REGISTERED NUMBER: SC357259 (Scotland)


















Unaudited Financial Statements

for the Year Ended 30 April 2025

for

AKL Financial Management Ltd

AKL Financial Management Ltd (Registered number: SC357259)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AKL Financial Management Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTOR: A Livingstone





SECRETARY: Mrs K M Livingstone





REGISTERED OFFICE: 26 Loch Drive
Helensburgh
G84 8PY





REGISTERED NUMBER: SC357259 (Scotland)





ACCOUNTANTS: Macleod Fulton
Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP

AKL Financial Management Ltd (Registered number: SC357259)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 599

CURRENT ASSETS
Debtors 5 1,762 -
Cash at bank 21,361 33,269
23,123 33,269
CREDITORS
Amounts falling due within one year 6 7,530 6,737
NET CURRENT ASSETS 15,593 26,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,593

27,131

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 15,583 27,121
SHAREHOLDERS' FUNDS 15,593 27,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 12 May 2025 and were signed by:





A Livingstone - Director


AKL Financial Management Ltd (Registered number: SC357259)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

AKL Financial Management Ltd is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2024 660 5,804 6,464
Disposals (660 ) (5,804 ) (6,464 )
At 30 April 2025 - - -
DEPRECIATION
At 1 May 2024 623 5,242 5,865
Eliminated on disposal (623 ) (5,242 ) (5,865 )
At 30 April 2025 - - -
NET BOOK VALUE
At 30 April 2025 - - -
At 30 April 2024 37 562 599

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Other debtors 1,762 -

AKL Financial Management Ltd (Registered number: SC357259)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Taxation and social security 6,090 4,476
Other creditors 1,440 2,261
7,530 6,737

7. CONTINGENT LIABILITIES

As at 30 April 2025 the company had no contingent liabilities. (2024 - £nil).

8. CAPITAL COMMITMENTS

As at 30 April 2025 the company had no capital commitments. (2024 - £nil).

9. RELATED PARTY DISCLOSURES

As at 30 April 2025 there is a balance due from company's director, Mr A Livingstone of £1,762. (2024 - £341 due to). This balance has no fixed repayment date and no interest is paid thereon.