Acorah Software Products - Accounts Production 16.2.850 false true 31 January 2024 16 January 2023 false 1 February 2024 31 March 2025 31 March 2025 14594847 Mr Aron Struminski Mr Ivan Struminski Mrs Sharon Struminski Ms Katherine Costigan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14594847 2024-01-31 14594847 2025-03-31 14594847 2024-02-01 2025-03-31 14594847 frs-core:CurrentFinancialInstruments 2025-03-31 14594847 frs-core:Non-currentFinancialInstruments 2025-03-31 14594847 frs-core:FurnitureFittings 2025-03-31 14594847 frs-core:FurnitureFittings 2024-02-01 2025-03-31 14594847 frs-core:FurnitureFittings 2024-01-31 14594847 frs-core:RevaluationReserve 2024-02-01 2025-03-31 14594847 frs-core:RevaluationReserve 2025-03-31 14594847 frs-core:ShareCapital 2025-03-31 14594847 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14594847 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-03-31 14594847 frs-bus:FilletedAccounts 2024-02-01 2025-03-31 14594847 frs-bus:SmallEntities 2024-02-01 2025-03-31 14594847 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-03-31 14594847 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-03-31 14594847 frs-bus:Director1 2024-02-01 2025-03-31 14594847 frs-bus:Director2 2024-02-01 2025-03-31 14594847 frs-bus:Director3 2024-02-01 2025-03-31 14594847 frs-bus:Director4 2024-02-01 2025-03-31 14594847 frs-countries:EnglandWales 2024-02-01 2025-03-31 14594847 2023-01-15 14594847 2024-01-31 14594847 2023-01-16 2024-01-31 14594847 frs-core:CurrentFinancialInstruments 2024-01-31 14594847 frs-core:Non-currentFinancialInstruments 2024-01-31 14594847 frs-core:RevaluationReserve 2024-01-31 14594847 frs-core:ShareCapital 2024-01-31 14594847 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 14594847
A&k Property Solutions Group Ltd
Unaudited Financial Statements
For the Period 1 February 2024 to 31 March 2025
Squires Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14594847
31 March 2025 31 January 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,304 -
Investment Properties 5 692,000 -
699,304 -
CURRENT ASSETS
Debtors 6 2,484 -
Cash at bank and in hand 14,970 -
17,454 -
Creditors: Amounts Falling Due Within One Year 7 (97,566 ) (3,476 )
NET CURRENT ASSETS (LIABILITIES) (80,112 ) (3,476 )
TOTAL ASSETS LESS CURRENT LIABILITIES 619,192 (3,476 )
Creditors: Amounts Falling Due After More Than One Year 8 (547,545 ) -
NET ASSETS/(LIABILITIES) 71,647 (3,476 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 116,711 -
Profit and Loss Account (45,065 ) (3,477 )
SHAREHOLDERS' FUNDS 71,647 (3,476)
Page 1
Page 2
For the period ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Aron Struminski
Director
30/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
A&k Property Solutions Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14594847 . The registered office is Unit 34 A30 Business Centre, Higher Stockley Mead, Okeampton, Devon, EX20 1FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2024: )
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 February 2024 -
Additions 7,304
As at 31 March 2025 7,304
Net Book Value
As at 31 March 2025 7,304
As at 1 February 2024 -
Page 3
Page 4
5. Investment Property
31 March 2025
£
Fair Value
As at 1 February 2024 -
Additions 575,289
Revaluations 116,711
As at 31 March 2025 692,000
6. Debtors
31 March 2025 31 January 2024
£ £
Due within one year
Other debtors 2,484 -
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 January 2024
£ £
Trade creditors 16 -
Other creditors 97,550 3,476
97,566 3,476
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 January 2024
£ £
Bank loans 547,545 -
The bank loan from Keystone Property is secured with a first charge over the Investment Property known as 4 St Davids, Exeter.
9. Share Capital
31 March 2025 31 January 2024
£ £
Allotted, Called up and fully paid 1 1
10. Reserves
Revaluation Reserve
£
Surplus on revaluation 116,711
As at 31 March 2025 116,711
Page 4