David Akera Engineers Limited 31/03/2025 iXBRL

Company registration number: 10532682

David Akera Engineers Limited

Unaudited filleted financial statements

31 March 2025

David Akera Engineers Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

David Akera Engineers Limited

Directors and other information


	Director	Mr D Akera


	Company number	10532682


	Registered office	6 Rosebery Road Cheam
		Sutton
		Surrey
		SM1 2BW

David Akera Engineers Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	8,836		17,673
		_______		_______
			8,836		17,673

Current assets
Debtors	6	12,930		16,420
Cash at bank and in hand		470,724		513,000
		_______		_______
		483,654		529,420
Creditors: amounts falling due
within one year	7	( 52,557)		( 49,297)
		_______		_______
Net current assets			431,097		480,123
			_______		_______
Total assets less current liabilities			439,933		497,796

			_______		_______
Net assets			439,933		497,796
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			439,931		497,794
			_______		_______
Shareholder funds			439,933		497,796
			_______		_______

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

Mr D Akera

Director

Company registration number: 10532682

David Akera Engineers Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Rosebery Road Cheam, Sutton, Surrey, SM1 2BW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

No provision for deferred taxation has been provided for in the financial statements due to the amount not being material.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	5,248	41,325	46,573
	_______	_______	_______
Depreciation
At 1 April 2024	4,105	24,795	28,900
Charge for the year	572	8,265	8,837
	_______	_______	_______
At 31 March 2025	4,677	33,060	37,737
	_______	_______	_______
Carrying amount
At 31 March 2025	571	8,265	8,836
	_______	_______	_______
At 31 March 2024	1,143	16,530	17,673
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	12,930	16,420
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	729	52
Corporation tax	26,270	21,898
Social security and other taxes	18,209	19,993
Other creditors	7,349	7,354
	_______	_______
	52,557	49,297
	_______	_______