Registration number: NI695562

Anderson Kelly Distribution Ltd

trading as AKD

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Anderson Kelly Distribution Ltd

trading as AKD

Company Information

Directors

Mr Jack Robert Kelly Mr Harris Larry Anderson

Registered office

176C Largy Road Ahoghill Ballymena Co Antrim BT42 2RH Northern Ireland

Bankers

NatWest 148 High Street Chatham Co Kent ME4 4DB England

Accountants

TB Millar & Co 6 Doagh Road Ballyclare Co Antrim BT39 9BG Northern Ireland

Anderson Kelly Distribution Ltd

trading as AKD

(Registration number: NI695562)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	-	635
Tangible assets	5	-	950
		-	1,585
Current assets
Stocks	6	-	31,702
Debtors	7	1,422	7,662
Cash at bank and in hand		4,025	26,779
		5,447	66,143
Creditors: Amounts falling due within one year	8	(1,485)	(33,326)
Net current assets		3,962	32,817
Total assets less current liabilities		3,962	34,402
Creditors: Amounts falling due after more than one year	8	(3,804)	(27,193)
Provisions for liabilities		-	(181)
Net assets		158	7,028
Capital and reserves
Called up share capital	9	2	2
Retained earnings		156	7,026
Shareholders' funds		158	7,028

For the financial year ending 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Anderson Kelly Distribution Ltd

trading as AKD

(Registration number: NI695562)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 5 August 2026 and signed on its behalf by:
 

......................................... Mr Jack Robert Kelly Director

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
176C Largy Road
Ahoghill
Ballymena
Co Antrim
BT42 2RH
Northern Ireland

These financial statements were authorised for issue by the Board on 5 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 April 2025	682	682
Disposals	(682)	(682)
At 31 March 2026	-	-
Amortisation
At 1 April 2025	47	47
Amortisation eliminated on disposals	(47)	(47)
At 31 March 2026	-	-
Carrying amount
At 31 March 2026	-	-
At 31 March 2025	635	635

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	2,191	2,191
Disposals	(2,191)	(2,191)
At 31 March 2026	-	-
Depreciation
At 1 April 2025	1,241	1,241
Eliminated on disposal	(1,241)	(1,241)
At 31 March 2026	-	-
Carrying amount
At 31 March 2026	-	-
At 31 March 2025	950	950

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Stocks

	2026 £	2025 £
Finished goods and goods for resale	-	31,702

7

Debtors

	2026 £	2025 £
Trade debtors	-	1,338
Other debtors	1,422	2,756
Prepayments	-	3,568
	1,422	7,662

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	-	5,000
Trade creditors		-	19,160
Taxation and social security		1,123	-
Accruals and deferred income		-	1,412
Other creditors		362	7,754
		1,485	33,326

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	-	15,000
Other financial liabilities		3,804	12,193
		3,804	27,193

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

Anderson Kelly Distribution Ltd

trading as AKD

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

10	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	5,000

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	15,000