A&K PROPERTY ASSOCIATES LTD

A&K PROPERTY ASSOCIATES LTD
Contents Page
For the year ended 31 March 2026

Statement of financial position	1
Notes to the financial statements	2

A&K PROPERTY ASSOCIATES LTD
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	588,891	588,891
		588,891	588,891
Current assets
Debtors		3,600	0
Cash at bank and in hand		310	1,435
		3,910	1,435
Creditors: amount falling due within one year		(142,607)	(126,994)
Net current assets		(138,697)	(125,559)

Total assets less current liabilities		450,194	463,332
Creditors: amount falling due after more than one year		(437,746)	(456,052)
Net assets		12,448	7,280

Capital and reserves
Called up share capital		100	100
Profit and loss account		12,348	7,180
Shareholders' funds		12,448	7,280

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 23 May 2026 and were signed on its behalf by:

-------------------------------
Manasa MANDA
Director

1

A&K PROPERTY ASSOCIATES LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

A&K PROPERTY ASSOCIATES LTD is a private company, limited by shares, registered in , registration number 12450149, registration address 3 STANWYCK GARDENS, ROMFORD ESSEX, RM3 7JU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2025	588,891	588,891
Additions	-	-
Disposals	-	-
At 31 March 2026	588,891	588,891
Depreciation
At 01 April 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2026	-	-
Net book values
Closing balance as at 31 March 2026	588,891	588,891
Opening balance as at 01 April 2025	588,891	588,891

2

Registered Number: 12450149

A&K PROPERTY ASSOCIATES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026