| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 March 2025 |
| for |
| AKEM LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 March 2025 |
| for |
| AKEM LIMITED |
| AKEM LIMITED (REGISTERED NUMBER: 05331316) |
| Contents of the Financial Statements |
| for the Year Ended 30 March 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| AKEM LIMITED |
| Company Information |
| for the Year Ended 30 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants & Tax Advisors |
| 573 Chester Road |
| Sutton Coldfield |
| West Midlands |
| B73 5HU |
| BANKERS: |
| 21 Pensby Road |
| Heswall |
| Wirral |
| Merseyside |
| CH60 7RL |
| AKEM LIMITED (REGISTERED NUMBER: 05331316) |
| Statement of Financial Position |
| 30 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 9 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| AKEM LIMITED (REGISTERED NUMBER: 05331316) |
| Statement of Financial Position - continued |
| 30 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| AKEM LIMITED (REGISTERED NUMBER: 05331316) |
| Notes to the Financial Statements |
| for the Year Ended 30 March 2025 |
| 1. | STATUTORY INFORMATION |
| AKEM Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 31 March 2024 |
| Additions |
| At 30 March 2025 |
| NET BOOK VALUE |
| At 30 March 2025 |
| At 30 March 2024 |
| Fair value at 30 March 2025 is represented by: |
| £ |
| Valuation in 2023 | 15,620 |
| Valuation in 2025 | 25,000 |
| Cost | 134,380 |
| 175,000 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 134,380 | 134,380 |
| Investment property was valued on an open market basis on 30 March 2025 by the directors . |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| AKEM LIMITED (REGISTERED NUMBER: 05331316) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 March 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| 8. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax |
| Other timing differences | 7,718 | 2,968 |
| Deferred |
| tax |
| £ |
| Balance at 31 March 2024 |
| Charge for the year | 4,750 |
| Balance at 30 March 2025 |
| 9. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 31 March 2024 | 101,091 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Reserve transfer | (25,000 | ) | (4,750 | ) | (29,750 | ) |
| Revaluation | - | 25,000 | 25,000 |
| Reserve transfer - D Tax | 4,750 | - | 4,750 |
| At 30 March 2025 | 129,559 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A McGrath. |