Registration number: 09045733

A2K Properties Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

A2K Properties Limited

Company Information

Director

D J H Walker

Company secretary

Mrs E A Walker

Registered office

Victoria House 26 Queen Victoria Street READING Berkshire RG1 1TG

Accountants

Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

A2K Properties Limited

(Registration number: 09045733)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Investment property	4	1,430,000	1,430,000
Other financial assets	5	5	5
		1,430,005	1,430,005
Current assets
Debtors	6	3,873	4,885
Cash at bank and in hand		1,005	6,847
		4,878	11,732
Creditors: Amounts falling due within one year	7	(1,099,190)	(1,132,639)
Net current liabilities		(1,094,312)	(1,120,907)
Total assets less current liabilities		335,693	309,098
Creditors: Amounts falling due after more than one year	7	(10,000)	(5,000)
Provisions for liabilities		(42,221)	(42,221)
Net assets		283,472	261,877
Capital and reserves
Called up share capital		2	2
Revaluation reserve		224,998	224,998
Retained earnings		58,472	36,877
Shareholders' funds		283,472	261,877

A2K Properties Limited

(Registration number: 09045733)
Balance Sheet as at 31 December 2024 (continued)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 September 2025
 

D J H Walker Director

A2K Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Victoria House
26 Queen Victoria Street
READING
Berkshire
RG1 1TG

These financial statements were authorised for issue by the director on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Revenue is measure at the fair value of the consideration received or receivable. Revenue from property rental income and related service charge income are recognised as it becomes receivable under tenancy agreements. Revenue is shown net of value added tax, rebates and similar allowances.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

A2K Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

A2K Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

A2K Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4	Investment properties

	2024 £
At 1 January	1,430,000
At 31 December	1,430,000

Investment properties were valued by director on open market on 31 December 2024.

If investment properties had not been revalued they would have been included at the historical cost of £1,162,781 (2023 - £1,162,781).

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	5	5
At 31 December 2024	5	5
Impairment
Carrying amount
At 31 December 2024	5	5

6

Debtors

Current	2024 £	2023 £
Trade debtors	2,899	3,825
Prepayments	974	563
Other debtors	-	497
	3,873	4,885

A2K Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	261	261
Taxation and social security	7,621	4,120
Accruals and deferred income	6,050	21,468
Other creditors	1,085,258	1,106,790
	1,099,190	1,132,639

Creditors: amounts falling due after more than one year

	2024 £	2023 £
Due after one year
Other financial liabilities	10,000	5,000

8	Related party transactions

Summary of transactions with other related parties

At the year end, other creditors includes a balance of £1,079,790 (2023 - £1,106,790) which was due to the director D J H Walker by the company.