AKH GOLD LIMITED

Company Registration Number:
08317736 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

AKH GOLD LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AKH GOLD LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Administrative expenses: ( 217,853 ) ( 44,657 )
Operating profit(or loss): (217,853) (44,657)
Interest payable and similar charges: ( 1,734,150 ) ( 479,862 )
Profit(or loss) before tax: (1,952,003) (524,519)
Profit(or loss) for the financial year: (1,952,003) (524,519)

AKH GOLD LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets: 3 5,837,484 3,237,406
Tangible assets: 4 167,837 138,551
Investments: 5 3,418,399 6,620,190
Total fixed assets: 9,423,720 9,996,147
Current assets
Debtors: 6 44,595 328,870
Cash at bank and in hand: 553,145 971,719
Total current assets: 597,740 1,300,589
Creditors: amounts falling due within one year: 7 ( 314,713 ) ( 665,860 )
Net current assets (liabilities): 283,027 634,729
Total assets less current liabilities: 9,706,747 10,630,876
Creditors: amounts falling due after more than one year: 8 ( 756,717 ) ( 772,286 )
Total net assets (liabilities): 8,950,030 9,858,590
Capital and reserves
Called up share capital: 8,146,578 8,146,578
Share premium account: 2,557,484 2,557,484
Other reserves: 567,051 183,166
Profit and loss account: (2,321,083 ) (1,028,638 )
Total Shareholders' funds: 8,950,030 9,858,590

The notes form part of these financial statements

AKH GOLD LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 September 2025
and signed on behalf of the board by:

Name: Gerard De Hert
Status: Director

The notes form part of these financial statements

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Fixtures and fittings - 4 years straight line Computer equipment - 2 years straight line Geological assets - Useful economic life is dependent upon the asset

    Intangible fixed assets amortisation policy

    Each exploration or evaluation asset is subject to a quarterly review either by a consultant or senior Company geologist to determine if the exploration results returned to date warrant further exploration expenditure and have the potential to result in an economic discovery. This review takes into consideration factors including, but not limited to, future metal prices, significant decreases in mineral reserve or mineral resource estimates or unfavourable drilling results, or the Company’s continued plans to develop the exploration or exploration asset.

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 3,237,406 3,237,406
Additions 2,600,078 2,600,078
Disposals
Revaluations
Transfers
At 31 December 2024 5,837,484 5,837,484
Amortisation
At 1 January 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2024 0 0
Net book value
At 31 December 2024 5,837,484 5,837,484
At 31 December 2023 3,237,406 3,237,406

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 66,149 1,776 41,736 25,994 69,190 204,845
Additions 218,106 0 218,106
Disposals ( 809 ) ( 7,692 ) ( 1,463 ) ( 10,449 ) ( 20,413 )
Revaluations
Transfers
At 31 December 2024 284,255 967 34,044 24,531 58,741 402,538
Depreciation
At 1 January 2024 37,209 749 8,071 9,866 10,399 66,294
Charge for year 135,759 7,041 5,795 19,873 168,468
On disposals ( 61 ) ( 61 )
Other adjustments
At 31 December 2024 172,968 688 15,112 15,661 30,272 234,701
Net book value
At 31 December 2024 111,287 279 18,932 8,870 28,469 167,837
At 31 December 2023 28,940 1,027 33,665 16,128 58,791 138,551

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed assets investments note

Non current amounts owed by undertakings.

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Debtors

2024 2023
£ £
Other debtors 44,595 328,870
Total 44,595 328,870
Debtors due after more than one year: 3,418,399 6,620,190

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 314,713 314,724
Accruals and deferred income 18,655
Other creditors 332,481
Total 314,713 665,860

AKH GOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 756,717 772,286
Total 756,717 772,286