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Company Registration No. 13465760 (England and Wales)
AKS property Rentals Limited Unaudited accounts for the year ended 30 June 2025
AKS property Rentals Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AKS property Rentals Limited Company Information for the year ended 30 June 2025
Director
Shanullah Mir
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
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AKS property Rentals Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
3,789,510
2,817,820
Current assets
Debtors
5
6,492
6,492
Cash at bank and in hand
39
105
6,531
6,597
Creditors: amounts falling due within one year
6
(997,367)
(1,501,839)
Net current liabilities
(990,836)
(1,495,242)
Total assets less current liabilities
2,798,674
1,322,578
Creditors: amounts falling due after more than one year
7
(3,138,659)
(1,623,758)
Net liabilities
(339,985)
(301,180)
Capital and reserves
Called up share capital
8
1,000
1,000
Profit and loss account
(340,985)
(302,180)
Shareholders' funds
(339,985)
(301,180)
For the year ending 30 June 2025 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 13 November 2025 and were signed on its behalf by
Shanullah Mir Director Company Registration No. 13465760
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AKS property Rentals Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2025
£
Fair value at 1 July 2024
2,817,820
Additions
971,690
At 30 June 2025
3,789,510
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
6,492
6,492
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
597,490
Loans from directors
995,567
903,449
Accruals
1,800
900
997,367
1,501,839
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AKS property Rentals Limited Notes to the Accounts for the year ended 30 June 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
3,068,572
1,543,621
Other creditors
70,087
80,137
3,138,659
1,623,758
A fixed charge was granted to Hampshire Trust Bank Plc on 23 October 2024 over certain property of the Company. A fixed charge was granted to Quantum Mortgages Limited on 27 February 2024 over certain property of the Company. A fixed charge was granted to Kseye Capital Holdings Limited on 24 November 2023 giving a second charge over certain property of the Company. A fixed charge was granted to Atom Bank PLC on 11 July 2023 over certain property of the Company.
8
Share capital
2025
2024
£
£
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 2025 (£64,035 - 2024) to Ms S Mir, the Director's sister. Included in creditors: amounts falling due after more than one year was £6,052 owed as at 30 June 2025 (£16,102 - 2024) 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 (2024: 1).
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