REGISTERED NUMBER: 11536103 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

A K AUTO SALES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. P A Kalp

REGISTERED OFFICE:

11 Horndon Green

Romford

Uk

United Kingdom

RM5 3HH

REGISTERED NUMBER:

11536103 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

22,621

11,102

CURRENT ASSETS

Stocks

5

14,000

12,500

Debtors

6

10,631

7,688

Cash at bank

12,313

500

36,944

20,688

CREDITORS

Amounts falling due within one year

7

42,313

19,582

NET CURRENT (LIABILITIES)/ASSETS

(5,369

)

1,106

TOTAL ASSETS LESS CURRENT LIABILITIES

17,252

12,208

CREDITORS

Amounts falling due after more than one year

8

60,344

64,532

NET LIABILITIES

(43,092

)

(52,324

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

(43,093

)

(52,325

)

SHAREHOLDERS' FUNDS

(43,092

)

(52,324

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2026 and were signed by:

Mr. P A Kalp - Director

1.	STATUTORY INFORMATION

A K Auto Sales Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1 August 2024

15,056

-

15,056

Additions

18,022

974

18,996

At 31 July 2025

33,078

974

34,052

DEPRECIATION

At 1 August 2024

3,954

-

3,954

Charge for year

7,466

11

7,477

At 31 July 2025

11,420

11

11,431

NET BOOK VALUE

At 31 July 2025

21,658

963

22,621

At 31 July 2024

11,102

-

11,102

The net book value of assets held under HP is £7,475 (2024 - £nil).

5.

STOCKS

31.7.25

31.7.24

£

£

Finished goods

14,000

12,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

10,631

7,688

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

14,085

12,505

Hire purchase contracts

1,939

-

Trade creditors

1,474

-

VAT

9,530

6,946

Other creditors

15,285

131

42,313

19,582

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans - 2-5 years

6,456

11,984

Hire purchase contracts

6,788

-

Other creditors

34,000

34,000

Directors' loan accounts

13,100

18,548

60,344

64,532

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

Ordinary shares

1

1

1

10.

RESERVES

Retained

earnings

£

At 1 August 2024

(52,325

)

Profit for the year

9,232

At 31 July 2025

(43,093

)

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due after one year, is an amount of £13,100 (2024 - £18,548) owed to the director P A Kalp. This loan is interest free, of no fixed term and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is the director by virtue of his shareholding.