Company Registration No. 12423357 (England and Wales)
3AK SOUTHALL LIMITED
Unaudited accounts
for the year ended 31 March 2025
3AK SOUTHALL LIMITED
Unaudited accounts
Contents
3AK SOUTHALL LIMITED
Company Information
for the year ended 31 March 2025
Directors
Asif Khan
Sohail H Khan
Company Number
12423357 (England and Wales)
Registered Office
14 SHEARBRIDGE ROAD
BRADFORD
BD7 1NP
ENGLAND
Accountants
SAF
53 Campus Road
Listerhill Science Park
Bradford
West Yorkshire
BD7 1HR
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
3AK SOUTHALL LIMITED
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
3AK SOUTHALL LIMITED for the year ended
31 March 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of 3AK SOUTHALL LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 May 2020. Our work has been undertaken solely to prepare for your approval the accounts of 3AK SOUTHALL LIMITED and state those matters that we have agreed to state to the Board of Directors of 3AK SOUTHALL LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 3AK SOUTHALL LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 3AK SOUTHALL LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 3AK SOUTHALL LIMITED. You consider that 3AK SOUTHALL LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 3AK SOUTHALL LIMITED. 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 statutory accounts.
SAF
Chartered Certified Accountants
53 Campus Road
Listerhill Science Park
Bradford
West Yorkshire
BD7 1HR
17 November 2025
3AK SOUTHALL LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
91,736
54,501
Inventories
104,716
85,423
Cash at bank and in hand
176,119
64,929
Creditors: amounts falling due within one year
(301,995)
(117,550)
Net current (liabilities)/assets
(64)
43,636
Called up share capital
100
100
Profit and loss account
91,572
98,037
Shareholders' funds
91,672
98,137
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 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 of Directors and authorised for issue on 17 November 2025 and were signed on its behalf by
Asif Khan
Director
Company Registration No. 12423357
3AK SOUTHALL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
3AK SOUTHALL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12423357. The registered office is 14 SHEARBRIDGE ROAD, BRADFORD, BD7 1NP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
3AK SOUTHALL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
7,500
90,472
97,972
At 31 March 2025
7,500
151,297
158,797
At 1 April 2024
1,523
41,948
43,471
Charge for the year
896
22,694
23,590
At 31 March 2025
2,419
64,642
67,061
At 31 March 2025
5,081
86,655
91,736
At 31 March 2024
5,977
48,524
54,501
Amounts falling due within one year
Trade debtors
14,235
3,973
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
147,104
77,204
Taxes and social security
10,467
-
Other creditors
305,669
11,936
Loans from directors
(170,245)
19,410
7
Average number of employees
During the year the average number of employees was 7 (2024: 7).