AK AND AK BUILDING TECHNOLOGIES LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05159705

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,637,219		1,934,812
Investments	5		2,934,410		3,184,429

			4,571,629		5,119,241
CURRENT ASSETS
Debtors	6	4,662,780		3,350,741
Cash at bank and in hand		27,048		79,896

		4,689,828		3,430,637
Creditors: Amounts Falling Due Within One Year	7	(1,051,636 )		(1,019,703 )

NET CURRENT ASSETS (LIABILITIES)			3,638,192		2,410,934

TOTAL ASSETS LESS CURRENT LIABILITIES			8,209,821		7,530,175

Creditors: Amounts Falling Due After More Than One Year	8		(8,288,967 )		(8,989,411 )

NET LIABILITIES			(79,146 )		(1,459,236 )

CAPITAL AND RESERVES
Called up share capital	9		10,000		10,000
Other reserves			362,253		362,253
Profit and Loss Account			(451,399 )		(1,831,489 )

SHAREHOLDERS' FUNDS			(79,146)		(1,459,236)

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AK AND AK BUILDING TECHNOLOGIES LIMITED

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Naira Davtyan

Director

25/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

AK AND AK BUILDING TECHNOLOGIES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05159705 . The registered office is Unit 3, Office A, 1st Floor, 6-7 St. Mary At Hill, London, EC3R 8EE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

Total liabilities exceed current assets at the balance sheet date. The directors consider, however that the company has

sufficient liquid assets, to meet its liabilities as and when they fall due, and that the company has sufficient support

from its creditors. Accordingly the director considers that it is appropriate to prepare the accounts on a going

concern basis.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

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

2.5. Investment Properties

Investments in subsidiary undertakings are recognised at cost.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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AK AND AK BUILDING TECHNOLOGIES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 July 2024	3,205,650
Disposals	(16,439 )

As at 30 June 2025	3,189,211

Depreciation
As at 1 July 2024	1,270,838
Provided during the period	281,154

As at 30 June 2025	1,551,992

Net Book Value
As at 30 June 2025	1,637,219

As at 1 July 2024	1,934,812

5. Investments

	Other
	£
Cost or Valuation
As at 1 July 2024	3,184,429
Revaluations	(250,019 )

As at 30 June 2025	2,934,410

Provision
As at 1 July 2024	-

As at 30 June 2025	-

Net Book Value
As at 30 June 2025	2,934,410

As at 1 July 2024	3,184,429

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AK AND AK BUILDING TECHNOLOGIES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	31,368	46,273
Other debtors- Aram Kocharyan	3,701,424	2,304,888

	3,732,792	2,351,161
Due after more than one year
Trade debtors	929,988	999,580

	4,662,780	3,350,741

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	56,593	-
Other creditors	340,015	337,332
Accrued expenses	574,251	636,418
Loan Lasker Limited	42,106	45,953
Other creditors- Aram Kocharyan	38,671	-

	1,051,636	1,019,703

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
GBP Loan- Manolium	6,116,710	6,633,591
Other loan - Shareholder	497,033	539,034
Loan - Manolium Trading	1,675,224	1,816,786

	8,288,967	8,989,411

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

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