ACCOUNTS - Final Accounts preparation

Registered number: 04865318

AK ENTERPRISE (ST MARTINS HILL) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2025


AK ENTERPRISE (ST MARTINS HILL) LIMITED REGISTERED NUMBER:04865318

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note

Fixed assets
Tangible assets	4		233,454		233,454
			233,454		233,454
Current assets
Debtors: amounts falling due within one year	5	487,026		483,812
Current asset investments	6	45,897		45,897
Cash at bank and in hand	7	3,199		1,501
		536,122		531,210
Creditors: amounts falling due within one year	8	(80,066)		(69,249)
Net current assets			456,056		461,961
Total assets less current liabilities			689,510		695,415
Creditors: amounts falling due after more than one year	9		-		(17,341)

Net assets			689,510		678,074

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	688,510	677,074
	689,510	678,074

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AK ENTERPRISE (ST MARTINS HILL) LIMITED REGISTERED NUMBER:04865318

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2026.

___________________________

Mr S A Patel

Director

The notes on pages 3 to 6 form part of these financial statements.

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AK ENTERPRISE (ST MARTINS HILL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

AK Enterprise (St Martins Hill) Limited is a private company, limited by shares, incorporated in England and Wales. The registered office address of the company is 334 - 336 Goswell Road, London, EC17 7RP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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AK ENTERPRISE (ST MARTINS HILL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives:

Depreciation is provided on the following basis:

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 1).

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AK ENTERPRISE (ST MARTINS HILL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Tangible fixed assets

		Freehold property
	Cost or valuation
	At 1 October 2024	233,454
	At 30 September 2025	233,454

	Net book value
	At 30 September 2025	233,454
	At 30 September 2024	233,454

Debtors

2025

2024


Amounts owed by joint ventures and associated undertakings	356,601	217,902
Other debtors	130,425	265,910

6.	Current asset investments
					2025	2024

	Shares in group undertakings	45,897	45,897

7.	Cash and cash equivalents
					2025	2024

	Cash at bank and in hand	3,199	1,501

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AK ENTERPRISE (ST MARTINS HILL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8.	Creditors: Amounts falling due within one year
					2025	2024

Bank loans	7,018	-
Amounts owed to associates	65,669	15,300
Corporation tax	5,069	5,867
Other taxation and social security	-	557
Other creditors	-	9,998
Accruals and deferred income	2,310	37,527
	80,066	69,249

9.	Creditors: Amounts falling due after more than one year
					2025	2024

	Bank loans	-	17,341

10.	Loans
	Analysis of the maturity of loans is given below:
		2025	2024

Amounts falling due within one year
Bank loans	7,018	-
	7,018	-
Amounts falling due 1-2 years
Bank loans	-	17,341
	-	17,341


	7,018	17,341

11.	Related party transactions
	The company was under the control of Mr S A Patel throughout the year. Mr S A Patel is the managing director and majority shareholder. During the year the company paid £3,214 (2024: received £13,200) to AK Enterprise (Longport) Limited. At the balance sheet date the balance due from AK Enterprise (Longport) Limited was £221,116 (2024: £217,902)

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