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REGISTERED NUMBER: 08136730 (England and Wales)















AKTA IP LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






AKTA IP LTD (REGISTERED NUMBER: 08136730)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AKTA IP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: J P Stott





REGISTERED OFFICE: 45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP





REGISTERED NUMBER: 08136730 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

AKTA IP LTD (REGISTERED NUMBER: 08136730)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,639 286

CURRENT ASSETS
Debtors 5 3,504 39,941
Cash at bank 37,196 6,326
40,700 46,267
CREDITORS
Amounts falling due within one year 6 40,967 28,330
NET CURRENT (LIABILITIES)/ASSETS (267 ) 17,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,372

18,223

CREDITORS
Amounts falling due after more than one
year

7

(2,083

)

-

PROVISIONS FOR LIABILITIES 8 (121 ) (54 )
NET ASSETS 168 18,169

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 68 18,069
SHAREHOLDERS' FUNDS 168 18,169

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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.

AKTA IP LTD (REGISTERED NUMBER: 08136730)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024



The financial statements were approved by the director and authorised for issue on 9 June 2025 and were signed by:





J P Stott - Director


AKTA IP LTD (REGISTERED NUMBER: 08136730)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

AKTA IP 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.
Computer equipment - 25% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

AKTA IP LTD (REGISTERED NUMBER: 08136730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 January 2024 - 5,097 5,097
Additions 350 2,915 3,265
At 31 December 2024 350 8,012 8,362
DEPRECIATION
At 1 January 2024 - 4,811 4,811
Charge for year 88 824 912
At 31 December 2024 88 5,635 5,723
NET BOOK VALUE
At 31 December 2024 262 2,377 2,639
At 31 December 2023 - 286 286

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 91 39,941
Other debtors 3,413 -
3,504 39,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,424 1,843
Taxation and social security 34,875 21,876
Other creditors 4,668 4,611
40,967 28,330

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 2,083 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 121 54

AKTA IP LTD (REGISTERED NUMBER: 08136730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 54
Movement 67
Balance at 31 December 2024 121

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
J P Stott
Balance outstanding at start of year - -
Amounts advanced 4,319 -
Amounts repaid (1,767 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,552 -

Interest is charged at the official rate where applicable.