Company No:
Contents
| Note | 31.12.2025 | |
| £ | ||
| Fixed assets | ||
| Investments | 3 |
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| 100 | ||
| Current assets | ||
| Debtors | 4 |
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| Cash at bank and in hand |
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| 130 | ||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (2,195) | |
| Total assets less current liabilities | (2,095) | |
| Net liabilities | (
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| Capital and reserves | ||
| Called-up share capital | 6 |
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| Profit and loss account | (
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| Total shareholders' deficit | (
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Director's responsibilities:
The financial statements of AKX Estates Ltd (registered number:
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Dr S Ahmadzadeh
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
AKX Estates Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3rd Floor 45 Albemarle Street, Mayfair, London, W1S 4JL, United Kingdom.
The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Investments in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairments losses. The Investments are assessed for impairment at each reporting date, and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefit from its activities.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities
Basic financial liabilities, including other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.
Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| Period from 28.10.2024 to 31.12.2025 |
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| Number | |
| Monthly average number of persons employed by the Company during the period, including the director |
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Investments in subsidiaries
| 31.12.2025 | |
| £ | |
| Cost | |
| At 28 October 2024 | 0 |
| Additions |
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| At 31 December 2025 |
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| Carrying value at 31 December 2025 |
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| 31.12.2025 | |
| £ | |
| Other debtors |
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| 31.12.2025 | |
| £ | |
| Amounts owed to director |
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| Accruals |
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At the period end the company owed £75 to Dr S Ahmadzadeh. This amount is interest free, repayable on demand and is shown within other creditors.
| 31.12.2025 | |
| £ | |
| Allotted, called-up and fully-paid | |
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Parent Company:
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| 167-169 Great Portland Street, London, England, W1W 5PF |