REGISTERED NUMBER: 04681688 (England and Wales)

AK VOICE SYSTEMS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K M Paul

K G Paul

J Coleman

SECRETARY:

K G Paul

REGISTERED OFFICE:

208 Maldon Road

Tiptree

Colchester

Essex

CO5 0PU

REGISTERED NUMBER:

04681688 (England and Wales)

ACCOUNTANTS:

Howard & Stapleton

2nd Floor Offices

26-28 West Street

Market Square

Rochford

Essex

SS4 1AJ

FIXED ASSETS

Tangible assets

4

23,700

31,015

CURRENT ASSETS

Debtors

5

46,442

16,354

Cash at bank

96,338

139,491

142,780

155,845

CREDITORS

Amounts falling due within one year

6

111,412

150,233

NET CURRENT ASSETS

31,368

5,612

TOTAL ASSETS LESS CURRENT LIABILITIES

55,068

36,627

PROVISIONS FOR LIABILITIES

7

1,575

-

NET ASSETS

53,493

36,627

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

53,393

36,527

SHAREHOLDERS' FUNDS

53,493

36,627

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 directors acknowledge their 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 Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

K M Paul - Director

K G Paul - Director

1.	STATUTORY INFORMATION

AK Voice Systems Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the total net amounts receivable by the company for goods and services supplied during the year in the normal course of its business, after deducting trade discounts and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 January 2024

13,600

52,248

65,848

Additions

-

533

533

At 31 December 2024

13,600

52,781

66,381

DEPRECIATION

At 1 January 2024

1,417

33,416

34,833

Charge for year

3,046

4,802

7,848

At 31 December 2024

4,463

38,218

42,681

NET BOOK VALUE

At 31 December 2024

9,137

14,563

23,700

At 31 December 2023

12,183

18,832

31,015

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

36,248

13,211

Other debtors

295

199

Deferred tax asset

-

2,944

Prepayments

9,899

-

46,442

16,354

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

32,087

49,707

Social security and other taxes

386

1,039

VAT

2,263

1,147

Other creditors

71,985

95,116

Directors' current accounts

4,691

3,224

111,412

150,233

7.	PROVISIONS FOR LIABILITIES

31.12.24

£

Deferred tax

Accelerated capital allowances

4,128

Tax losses carried forward

(2,553

)

1,575

Deferred

tax

£

Balance at 1 January 2024

(2,944

)

Accelerated capital allowances

(1,307

)

Tax losses carried forward

5,826

Balance at 31 December 2024

1,575

8.	RELATED PARTY DISCLOSURES

During the year, sales took place with a related party to the value of £60,549 (2023 - £52,347) and the balance owing from the related party at the balance sheet dates was £11,336 (2023 - £3,338).

9.	ULTIMATE CONTROLLING PARTY

The company was controlled by Mr K M Paul who owns 51% of the share capital.