A&K Tiptop Ltd
Registered number: 14488660
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 34,432 2,560
Current assets
Cash at bank and in hand 4,457 28,178
Creditors: amounts falling due within one year 4 (35,126) (21,784)
Net current (liabilities)/assets (30,669) 6,394
Total assets less current liabilities 3,763 8,954
Creditors: amounts falling due after more than one year 7 (5,212) -
Net (liabilities)/assets (1,449) 8,954
Capital and reserves
Called up share capital 2 2
Profit and loss account (1,451) 8,952
Shareholders' funds (1,449) 8,954
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.
Aneta Iwona Bienko
Director
Approved by the board on 21 August 2025
A&K Tiptop Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
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:
Motor vehicles 20% Reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 20 13
3 Tangible fixed assets
Motor vehicles Plant & Machinery Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 - - 4,000 4,000
Additions - 1,005 34,975 35,980
At 31 March 2025 - 1,005 38,975 39,980
Depreciation
At 1 April 2024 - - 1,440 1,440
Charge for the year - 201 3,907 4,108
At 31 March 2025 - 201 5,347 5,548
Net book value
At 31 March 2025 - 804 33,628 34,432
At 31 March 2024 - - 2,560 2,560
4 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 3,410 -
Corporation tax - 16,547
Other taxes and social security costs 988 (3,781)
Accruals - 480
Director's account 30,728 8,538
35,126 21,784
5 Profit and loss account 2025
£
At 1 April 2024 8,952
Profit/(loss) for the year (10,403)
Dividend -
At 31 March 2025 (1,451)
6 Dividends 2025 2024
£ £
Dividends for which the company became liable during the year:
Dividends paid - 50,000
- 50,000
7 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 5,212 -
8 Related party transactions
Included within the creditors at the year end is £30,728 (2024: £8,538) due to the company directors. During the period the company paid £62,596 of expenses on behalf of the director and the director introduced £84,786.
9 Controlling party
The ultimate controlling parties are the directors and shareholders Ms Aneta Bienko and Mr Krzysztof Przylucki.
10 Other information
A&K Tiptop Ltd is a private company limited by shares and incorporated in England. Its registered office is:
25 Honeysuckle Road
Kendal
LA9 6FQ
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