Company Registration No. 13465760 (England and Wales)
AKS property Rentals Limited
Unaudited accounts
for the year ended 30 June 2024
AKS property Rentals Limited
Unaudited accounts
Contents
AKS property Rentals Limited
Company Information
for the year ended 30 June 2024
Company Number
13465760 (England and Wales)
Registered Office
814 GARRATT LANE
TOOTING
LONDON
SW17 0LZ
UNITED KINGDOM
Accountants
Craven Professional Solutions
126 Monkswell House
Manse Lane
Knaresborough
North Yorkshire
HG5 8NQ
AKS property Rentals Limited
Statement of financial position
as at 30 June 2024
Investment property
2,817,820
1,386,793
Cash at bank and in hand
105
1,217
Creditors: amounts falling due within one year
(1,501,839)
(1,478,855)
Net current liabilities
(1,495,242)
(1,477,638)
Total assets less current liabilities
1,322,578
(90,845)
Creditors: amounts falling due after more than one year
(1,623,758)
(75,285)
Net liabilities
(301,180)
(166,130)
Called up share capital
1,000
1,000
Profit and loss account
(302,180)
(167,130)
Shareholders' funds
(301,180)
(166,130)
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Shanullah Mir
Director
Company Registration No. 13465760
AKS property Rentals Limited
Notes to the Accounts
for the year ended 30 June 2024
AKS property Rentals Limited is a private company, limited by shares, registered in England and Wales, registration number 13465760. The registered office is 814 GARRATT LANE, TOOTING, LONDON, SW17 0LZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 July 2023
1,386,793
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
597,490
570,176
Loans from directors
903,449
908,139
AKS property Rentals Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
80,137
75,285
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Transactions with related parties
Included in creditors: amounts falling due after more than one year was £64,035 owed at 30 June 2024 (£64,035 - 2023) to Ms S Mir, the Director's sister.
Included in creditors: amounts falling due after more than one year was £16,102 owed as at 30 June 2024 (£11,250 - 2023) to Locate Properties Limited, a private company of which Mr S Mir is both the shareholder and director.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).