AKW Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11814730

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		590,234		590,469

			590,234		590,469
CURRENT ASSETS
Debtors	5	100		100
Cash at bank and in hand		12,211		934

		12,311		1,034
Creditors: Amounts Falling Due Within One Year	6	(225,830 )		(226,451 )

NET CURRENT ASSETS (LIABILITIES)			(213,519 )		(225,417 )

TOTAL ASSETS LESS CURRENT LIABILITIES			376,715		365,052

Creditors: Amounts Falling Due After More Than One Year	7		(279,928 )		(279,928 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,424 )		(13,769 )

NET ASSETS			82,363		71,355

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			82,263		71,255

SHAREHOLDERS' FUNDS			82,363		71,355

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AKW Properties Ltd

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Anthony Williams

Director

04/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

AKW Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11814730 . The registered office is 38 Willian Way, Letchworth, SG6 2HG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Straight Line

2.4. Investment Properties

Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.

Changes in fair value are recognised in the profit and loss account.

2.5. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 March 2024	590,000	5,707	595,707

As at 28 February 2025	590,000	5,707	595,707

Depreciation
As at 1 March 2024	-	5,238	5,238
Provided during the period	-	235	235

As at 28 February 2025	-	5,473	5,473

...CONTINUED

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AKW Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Net Book Value
As at 28 February 2025	590,000	234	590,234

As at 1 March 2024	590,000	469	590,469

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	100	100

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	2,791	1,602
Other creditors	-	214
Accruals and deferred income	839	436
Directors' loan accounts	222,200	224,199

	225,830	226,451

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	279,928	279,928

8. Secured Creditors

Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of 25 years.

	2025		2024
	£		£
Bank loans and overdrafts	279,928		279,928

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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