AKB Properties Limited - Filleted accounts

Registered number

11009054

AKB Properties Limited

Filleted Accounts

31 October 2025

AKB Properties Limited
Registered number:		11009054
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		975,298			975,298
Investments	4		58,248			-
			1,033,546			975,298

Current assets
Debtors	5	5,469			-
Cash at bank and in hand		61,599			70,986
		67,068			70,986

Creditors: amounts falling due within one year	7	(18,565)			(17,629)

Net current assets			48,503			53,357

Total assets less current liabilities			1,082,049			1,028,655

Creditors: amounts falling due after more than one year	8		(768,890)			(768,746)



Net assets			313,159			259,909

Capital and reserves
Called up share capital			100			100
Profit and loss account			313,059			259,809

Shareholders' funds			313,159			259,909

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Alan Glynn
Director
Approved by the board on 12 July 2026

AKB Properties Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investment property
	Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in profit or loss.



	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		2



3	Investment property	2025		2024
£			£
	B/fwd	975,298		975,298
	Additions	-		-
	Revaluation	-
	Disposals	-
		975,298		975,298

	The fair value of the Investment Property at 31 October 2021 has been arrived at on the basis of a valuation carried out at that date by Mr Alan Glynn, a director of the company who is not a professionally qualified valuer.There has been no appreciation in the value of the property as at 31st October 2025.





4	Investments

Other
investments
£
	Cost
	Additions			54,373
	Revaluation			3,875

	At 31 October 2025			58,248


5	Debtors	2025		2024
£			£

	Trade debtors	5,469		-


6	Investments held as current assets	2025		2024
£			£
	Fair value

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments	3,875		-



7	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	1,900		1,900
	Taxation and social security costs	16,665		15,729
		18,565		17,629


8	Creditors: amounts falling due after one year	2025		2024
£			£

	Other creditors	768,890		768,746


9	Other information

	AKB Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Devonshire House
	582 Honeypot Lane
	Stanmore
	HA7 1JS