AMk Properties Limited 31/03/2025 iXBRL

Company registration number: 05206793

AMk Properties Limited

Trading as AMK Properties Limited

Unaudited financial statements

31 March 2025

AMk Properties Limited

Contents

Directors and other information

Director's report

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Notes to the financial statements

AMk Properties Limited

Directors and other information


	Director	Mr Ahmed Khalil
		Mrs Lisa Jane Khalil


	Secretary	Ahmed Khalil


	Company number	05206793


	Registered office	The Pump House
		1/2 River Park, Iford Lane
		Bournemouth
		Dorset
		BH6 5NF


	Business address	The Pump House,
		1/2 River Park, Iford Lane
		Bournemouth
		Dorset
		BH6 5NF


	Accountant	Ahmed Khalil
		The pump House
		1/2 River Park, Iford Lane
		Bournemouth
		Dorset
		BH6 5NF




	Bankers	Lloyds Bank plc
		Castle Street (308089)
		PO Box 1000
		Christchurch
		Dorset
		BX 1 1LT

AMk Properties Limited

Director's report

Year ended 31 March 2025

The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2025.

Director

The director who served the company during the year was as follows:

Mr Ahmed Khalil

Mrs Lisa Jane Khalil

Employment of disabled persons

no

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 15 October 2025 and signed on behalf of the board by:

Ahmed Khalil

Secretary

Mr Ahmed Khalil

Director

AMk Properties Limited

Statement of comprehensive income

Year ended 31 March 2025

		2025	2024
	Note	£	£


Turnover		-	58,050
Other operating income		59,100	-
		_______	_______
		59,100	58,050

Depreciation and other amounts written off tangible and intangible fixed assets		-	( 123)
Other operating expenses		( 7,729)	( 6,575)
		_______	_______
Operating profit		51,371	51,352

Interest payable and similar expenses		( 11,667)	( 13,924)
		_______	_______
Profit before taxation		39,704	37,428

Tax on profit		( 7,544)	( 7,134)
		_______	_______
Profit for the financial year and total comprehensive income		32,160	30,294
		_______	_______

All the activities of the company are from continuing operations.

AMk Properties Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	636,393		634,348
		_______		_______
			636,393		634,348

Current assets
Debtors	5	4,423		4,375
Cash at bank and in hand		15,496		13,181
		_______		_______
		19,919		17,556
Creditors: amounts falling due
within one year	6	( 49,355)		( 52,640)
		_______		_______
Net current liabilities			( 29,436)		( 35,084)
			_______		_______
Total assets less current liabilities			606,957		599,264

Creditors: amounts falling due
after more than one year	7		( 104,713)		( 129,266)
			_______		_______
Net assets			502,244		469,998
			_______		_______

Capital and reserves
Called up share capital			350,000		350,000
Profit and loss account			152,244		119,998
			_______		_______
Shareholders funds			502,244		469,998
			_______		_______

For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board of directors and authorised for issue on 22 October 2025 , and are signed on behalf of the board by:

Mr Ahmed Khalil

Director

Company registration number: 05206793

AMk Properties Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	350,000	89,704	439,704

Profit for the year		30,294	30,294
	_______	_______	_______
Total comprehensive income for the year	-	30,294	30,294

	_______	_______	_______
At 31 March 2024 and 1 April 2024	350,000	120,084	470,084

Profit for the year		32,160	32,160
	_______	_______	_______
Total comprehensive income for the year	-	32,160	32,160

	_______	_______	_______
At 31 March 2025	350,000	152,244	502,244
	_______	_______	_______

AMk Properties Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is AMK Properties Liited, The Pump House, 1/2 River Park, Iford Lane, Bournemouth, Dorset, BH6 5NF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25% %
Fittings fixtures and equipment	-	25% %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£	£
Cost
At 1 April 2024	633,980	-	2,489	636,469
Additions	-	1,832	-	1,832
	_______	_______	_______	_______
At 31 March 2025	633,980	1,832	2,489	638,301
	_______	_______	_______	_______
Depreciation
At 1 April 2024 and 31 March 2025	-	-	1,908	1,908
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	633,980	1,832	581	636,393
	_______	_______	_______	_______
At 31 March 2024	633,980	-	581	634,561
	_______	_______	_______	_______

5. Debtors

	2025	2024
	£	£
Trade debtors	14,157	12,518
Other debtors	( 9,734)	( 8,143)
	_______	_______
	4,423	4,375
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	28,680	35,294
Trade creditors	1,753	1,353
Corporation tax	7,544	7,134
Social security and other taxes	2,775	2,418
Other creditors	8,603	6,441
	_______	_______
	49,355	52,640
	_______	_______

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	104,713	129,266
	_______	_______