| Registered Number:08436076 |
For the year ended 28 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 March 2025
AKB Management Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
AKB Management Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
697,831
649,810
2
697,831
649,810
| Trade and other receivables |
26,606
30,206
3
129,382
| Cash and cash equivalents |
50,252
80,458
155,988
| Trade and other payables: amounts falling due within one year |
(91,636)
(88,160)
4
64,352
(7,702)
Net current liabilities
| Total assets less current liabilities |
690,129
714,162
690,129
Net assets
714,162
100
100
599,950
599,950
90,079
114,112
690,129
714,162
Shareholders' funds
| For the year ended 28 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 of its financial statements for the year ended 28 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 28 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 March 2025
AKB Management Ltd
Notes to the Financial Statements
Statutory Information
| AKB Management Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08436076. |
20, St Brides Court
Stockton on Tees
TS17 5HF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives are |
| sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors |
| undertake an annual impairment review of these properties. |
| 2. Property, plant and equipment |
Motor vehicles
Land and buildings
659,153
7,110
5,433
646,610
48,667
-
-
48,667
695,277
5,433
7,110
707,820
| Provision for depreciation and impairment |
9,343
4,806
4,537
-
Charge for year
646
460
186
-
9,989
5,266
4,723
-
695,277
710
1,844
697,831
646,610
896
2,304
649,810
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For the year ended 28 March 2025
AKB Management Ltd
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2024
2025
| Amounts owed by group undertakings and participating interests |
29,000
25,000
1,206
1,606
26,606
30,206
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
3,297
2,990
84,863
88,646
88,160
91,636
| 5. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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