AKA Fine Art Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

11/12/2025

Clouders (Audit & Accounts) Ltd

Chartered Certified Accountants

Charter House, 103-105 Leigh Road

Leigh-On-Sea

Essex

SS9 1JL

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AKA Fine Art Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 14034440

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,081		2,269

			2,081		2,269
CURRENT ASSETS
Stocks	5	24,500		24,500
Debtors	6	1,748		1,880
Cash at bank and in hand		2,078		6,719

		28,326		33,099
Creditors: Amounts Falling Due Within One Year	7	(37,376 )		(37,695 )

NET CURRENT ASSETS (LIABILITIES)			(9,050 )		(4,596 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,969 )		(2,327 )

NET LIABILITIES			(6,969 )		(2,327 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(7,069 )		(2,427 )

SHAREHOLDERS' FUNDS			(6,969)		(2,327)

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AKA Fine Art Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

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

K J Youngman

Director

11/12/2025

The notes on pages 4 to 6 form part of these financial statements.

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AKA Fine Art Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

AKA Fine Art Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14034440 . The registered office is Charter House, 103-105 Leigh Road, Leigh-on-Sea, Essex, SS9 1JL.

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.

The accounts have been drawn up on the going concern basis. Of the company's liabilities, £35,953 (2024 £35,159 ) is owed to the directors. The directors have agreed not to seek repayment of these debts until the company has sufficient funds to trade for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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 & Equipment

25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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AKA Fine Art Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Tangible Assets

	Fixtures & Equipment
	£
Cost
As at 1 April 2024	3,601
Additions	452

As at 31 March 2025	4,053

Depreciation
As at 1 April 2024	1,332
Provided during the period	640

As at 31 March 2025	1,972

Net Book Value
As at 31 March 2025	2,081

As at 1 April 2024	2,269

5. Stocks

	2025	2024
	£	£
Stock	24,500	24,500

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AKA Fine Art Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,500	1,880
Other taxes and social security	248	-

	1,748	1,880

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	-	486
Other creditors	-	1,181
Accrued expenses	1,423	869
Directors' loan accounts	35,953	35,159

	37,376	37,695

8. Share Capital

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

9. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	1,000	2,000

10. Ultimate Controlling Party

The company is controlled by the directors

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