Company Registration No. 09579557 (England and Wales)
Akona Concepts Limited
Unaudited accounts
for the year ended 31 May 2026
Akona Concepts Limited
Unaudited accounts
Contents
Akona Concepts Limited
Company Information
for the year ended 31 May 2026
Directors
Stephen David Ashley
Gaynor Joanne Ashley
Company Number
09579557 (England and Wales)
Registered Office
IKON Business Centre
Tudor Road
Runcorn
WA7 1TA
United Kingdom
Accountants
FAO Accountancy Services Ltd
101 Melrose Drive
Wigan
WN3 6EG
Akona Concepts Limited
Statement of financial position
as at 31 May 2026
Tangible assets
3,947
1,514
Inventories
108,048
140,462
Cash at bank and in hand
773,342
617,595
Creditors: amounts falling due within one year
(264,662)
(130,901)
Net current assets
1,198,153
796,990
Net assets
1,202,100
798,504
Called up share capital
66
66
Capital redemption reserve
34
34
Profit and loss account
1,202,000
798,404
Shareholders' funds
1,202,100
798,504
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by
Gaynor Joanne Ashley
Director
Company Registration No. 09579557
Akona Concepts Limited
Notes to the Accounts
for the year ended 31 May 2026
Akona Concepts Limited is a private company, limited by shares, registered in England and Wales, registration number 09579557. The registered office is IKON Business Centre, Tudor Road, Runcorn, WA7 1TA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Akona Concepts Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
579,797
168,206
Accrued income and prepayments
1,628
1,628
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
28,099
29,221
Taxes and social security
149,244
54,350
Other creditors
1,153
19,564
8
Transactions with related parties
The company is controlled by Mr & Mrs Ashley.
Included in other creditors is a loan of £819 due to Akona Limited, a company also under the control of Mr & Mrs Ashley (2025 - £19,379). The loan is currently interest free and is repayable upon demand.
9
Average number of employees
During the year the average number of employees was 2 (2025: 3).