REGISTERED NUMBER: 08899816 (England and Wales)

Financial Statements for the Year Ended 28 February 2025

for

AKT Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Andrawis

REGISTERED OFFICE:

124 Goldstone Crescent

Hove

East Sussex

BN3 6BF

REGISTERED NUMBER:

08899816 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Investment property

4

1,390,000

1,040,537

CURRENT ASSETS

Debtors

5

21,138

41,934

Cash at bank

40,810

88,386

61,948

130,320

CREDITORS

Amounts falling due within one year

6

10,370

4,481

NET CURRENT ASSETS

51,578

125,839

TOTAL ASSETS LESS CURRENT LIABILITIES

1,441,578

1,166,376

CREDITORS

Amounts falling due after more than one year

7

(1,444,656

)

(1,197,626

)

PROVISIONS FOR LIABILITIES

(4,163

)

-

NET LIABILITIES

(7,241

)

(31,250

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(7,243

)

(31,252

)

SHAREHOLDERS' FUNDS

(7,241

)

(31,250

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 6 October 2025 and were signed by:

A Andrawis - Director

1.	STATUTORY INFORMATION

AKT Investments 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.

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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern, At the year end the current liabilities exceeded current assets by £528. The validity of this basis depends upon the continued support of the company's director. The director confirms that he will give the required support.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

1,040,537

Additions

328,088

Revaluations

21,375

At 28 February 2025

1,390,000

NET BOOK VALUE

At 28 February 2025

1,390,000

At 29 February 2024

1,040,537

Fair value at 28 February 2025 is represented by:

£

Valuation in 2023

848,909

Valuation in 2024

240,537

Valuation in 2025

300,554

1,390,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

9,821

6,346

Other debtors

11,317

35,588

21,138

41,934

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Taxation and social security

3,774

2,086

Other creditors

6,596

2,395

10,370

4,481

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

1,006,168

791,001

Trade creditors

9,821

6,346

Other creditors

428,667

400,279

1,444,656

1,197,626

28.2.25

29.2.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,006,168

791,001

8.	RELATED PARTY DISCLOSURES

Included in other creditors is £428,667 (2024 - £400,017) which is owed to Mr A Andrawis, the sole director and shareholder of the company. This loan is provided on an interest free basis and is repayable on demand.

No other transactions with related parties were undertaken such as are required to be disclosed under Section 1A Small Entities of Financial Reporting Standard 102.