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REGISTERED NUMBER: 09261399 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 October 2024

for

AKC Streetworks Ltd

AKC Streetworks Ltd (Registered number: 09261399)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AKC Streetworks Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr A K Clark





SECRETARY: Mrs S M Clark





REGISTERED OFFICE: 45a Norwich Road
Dereham
Norfolk
NR20 3AS





REGISTERED NUMBER: 09261399 (England and Wales)






AKC Streetworks Ltd (Registered number: 09261399)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 278 590

CURRENT ASSETS
Debtors 5 6,434 21,805
Cash at bank 3,200 2,074
9,634 23,879
CREDITORS
Amounts falling due within one year 6 6,525 14,141
NET CURRENT ASSETS 3,109 9,738
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,387

10,328

PROVISIONS FOR LIABILITIES 129 129
NET ASSETS 3,258 10,199

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,158 10,099
3,258 10,199

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

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

The financial statements were approved by the director and authorised for issue on 25 July 2025 and were signed by:




Mr A K Clark - Director


AKC Streetworks Ltd (Registered number: 09261399)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

AKC Streetworks 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.

Equipment - 20% on cost
Motor vehicles - 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 NIL (2023 - NIL).

AKC Streetworks Ltd (Registered number: 09261399)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 4,979 15,495 430 20,904
DEPRECIATION
At 1 November 2023 4,676 15,495 143 20,314
Charge for year 216 - 96 312
At 31 October 2024 4,892 15,495 239 20,626
NET BOOK VALUE
At 31 October 2024 87 - 191 278
At 31 October 2023 303 - 287 590

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 18,465
Other debtors 6,434 3,340
6,434 21,805

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 526 6,968
Taxation and social security 4,609 4,222
Other creditors 1,390 2,951
6,525 14,141