Abbreviated Company Accounts - AKK INVESTMENTS LTD

AKK INVESTMENTS LTD - Company Information

07523736 AKK INVESTMENTS LTD 2014-03-31 false 2013-04-01 2014-03-31 true 07523736 2013-04-01 2014-03-31 07523736 2014-03-31 07523736 2013-03-31 07523736 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07523736 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07523736

AKK INVESTMENTS LTD

Abbreviated Accounts

31 March 2014

AKK INVESTMENTS LTD Registered Number 07523736

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,077,312	3,078,749
		3,077,312	3,078,749
Current assets
Debtors	3	207,003	209,630
Cash at bank and in hand		7,018	31,239
		214,021	240,869
Creditors: amounts falling due within one year	4	(58,794)	(31,315)
Net current assets (liabilities)		155,227	209,554
Total assets less current liabilities		3,232,539	3,288,303
Creditors: amounts falling due after more than one year	4	(3,211,454)	(3,265,232)
Provisions for liabilities		(4,427)	(1,354)
Total net assets (liabilities)		16,658	21,717
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		16,558	21,617
Shareholders' funds		16,658	21,717

For the year ending 31 March 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2014

And signed on their behalf by:
M Bashir, Director

AKK INVESTMENTS LTD Registered Number 07523736

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for rent.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings - 2% Straight line
Fixtures, fittings and equipment - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	3,113,016
Additions	22,738
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	3,135,754
Depreciation
At 1 April 2013	34,267
Charge for the year	24,175
On disposals	-
At 31 March 2014	58,442
Net book values
At 31 March 2014	3,077,312
At 31 March 2013	3,078,749

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	200,000	200,000

4Creditors

	2014 £	2013 £
Non-instalment debts due after 5 years	1,617,711	1,720,712

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100