AKS (LDN) LIMITED


Directors	KAMALAKGANNAN, Aberaam
	KAMALAKGANNAN, Sittampalam


Registered Address	Unit 12 Turner Rise Retail Park
	Colchester
	CO4 5TU


Registered Number	11535962 (England and Wales)

Balance Sheet as at
31 August 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		144,000		-
Tangible assets	4		45,507		24,141
			189,507		24,141
Current assets
Stocks	5	2,361		10,200
Debtors	6	177,044		42,000
Cash at bank and on hand		3,003		2,001
		182,408		54,201
Creditors amounts falling due within one year	7	(379,099)		(22,871)
Net current assets (liabilities)			(196,691)		31,330
Total assets less current liabilities			(7,184)		55,471
Creditors amounts falling due after one year	8		(11,759)		(25,191)
Net assets			(18,943)		30,280
Capital and reserves
Called up share capital			1		1
Profit and loss account			(18,944)		30,279
Shareholders' funds			(18,943)		30,280

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

KAMALAKGANNAN, Aberaam
Director
Registered Company No. 11535962

AKS (LDN) LIMITED

Notes to the Financial Statements
for the year ended 31 August 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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 (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are amortised over its useful life of 10 years.

	Tangible fixed assets and depreciation
	All the tangible fixed assets are initially recorded at cost and subsequently at cost less depreciation. Depreciation is provided on all tangible fixed assets as follow -


		Reducing balance (%)
	Plant and machinery	25
	Office Equipment	25

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	Financial instruments
	The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial
instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and
liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis or to realise the asset and settle the liability simultaneously. 

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at
amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the company after deducting all of its liabilities. 

Basic financial liabilities
Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction,
where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current
liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	8		15

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
Additions	159,999	159,999
At 31 August 24	159,999	159,999
Amortisation and impairment
Charge for year	15,999	15,999
At 31 August 24	15,999	15,999
Net book value
At 31 August 24	144,000	144,000
At 31 August 23	-	-

4.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 September 23	29,331	1,058	30,389
Additions	-	60,000	60,000
Disposals	(29,331)	-	(29,331)
At 31 August 24	-	61,058	61,058
Depreciation and impairment
At 01 September 23	5,866	382	6,248
Charge for year	5,866	15,169	21,035
On disposals	(11,732)	-	(11,732)
At 31 August 24	-	15,551	15,551
Net book value
At 31 August 24	-	45,507	45,507
At 31 August 23	23,465	676	24,141

5.	Stocks

	2024	2023
	£	£
Finished goods	2,361	10,200
Total	2,361	10,200

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	177,044	42,000
Total	177,044	42,000

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	10,125	-
Taxation and social security	35,980	5,451
Other creditors	330,744	17,420
Accrued liabilities and deferred income	2,250	-
Total	379,099	22,871

8.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	11,759	25,191
Total	11,759	25,191


	Included in bank borrowings and overdrafts is an amount of £21,885 (2023 : £25,191) for bounce back loan.

9.	Operating lease commitments
	At 31/08/2024, the company had total commitments under non-cancellable operating leases over the remaining life of rent leases of £31,667 (2023 : £39,624).

10.	Related party transactions
	Included in other creditors is an amount of £282,994 (2023 : £Nil) due to the director Mr Aberaam and £15,001 (2023 : £Nil) due to Mr Sittampalam. It also includes an amount of £32,749 (2023 : £Nil) due to AKS Harwich Ltd, a company related to the directors. Included in other debtors is an amount of £19,000 (2023 : £Nil) due from ASV Martlesham Ltd, £63,130 (2023 : £Nil) from AKS (LDN) Subs Ltd, £930 (2023 : £Nil) from AKS Corp Properties Ltd and £3,992 (2023 : £Nil) from AKS Cos Ltd, all companies related to the directors.

10.

Related party transactions

Included in other creditors is an amount of £282,994 (2023 : £Nil) due to the director Mr Aberaam and £15,001 (2023 : £Nil) due to Mr Sittampalam.

It also includes an amount of £32,749 (2023 : £Nil) due to AKS Harwich Ltd, a company related to the directors.

Included in other debtors is an amount of £19,000 (2023 : £Nil) due from ASV Martlesham Ltd, £63,130 (2023 : £Nil) from AKS (LDN) Subs Ltd, £930 (2023 : £Nil) from AKS Corp Properties Ltd and £3,992 (2023 : £Nil) from AKS Cos Ltd, all companies related to the directors.