Abbreviated Company Accounts - AKK INVESTMENTS LTD

AKK INVESTMENTS LTD - Company Information

07523736 AKK INVESTMENTS LTD 2016-03-31 false 2015-04-01 2016-03-31 true 07523736 2015-04-01 2016-03-31 07523736 2016-03-31 07523736 2015-03-31 07523736 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07523736 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07523736

AKK INVESTMENTS LTD

Abbreviated Accounts

31 March 2016

AKK INVESTMENTS LTD Registered Number 07523736

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,067,078	3,078,863
		3,067,078	3,078,863
Current assets
Debtors		2,636	13,063
Cash at bank and in hand		70,643	40,585
		73,279	53,648
Creditors: amounts falling due within one year	3	(389,654)	(85,271)
Net current assets (liabilities)		(316,375)	(31,623)
Total assets less current liabilities		2,750,703	3,047,240
Creditors: amounts falling due after more than one year	3	(2,629,189)	(2,983,721)
Provisions for liabilities		(9,099)	(8,096)
Total net assets (liabilities)		112,415	55,423
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		112,315	55,323
Shareholders' funds		112,415	55,423

For the year ending 31 March 2016 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 25 August 2016

And signed on their behalf by:
Sara Rauf, Director

AKK INVESTMENTS LTD Registered Number 07523736

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 freehold - 2% Straight line
Fixtures, fittings & equipment - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	3,167,596
Additions	20,177
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	3,187,773
Depreciation
At 1 April 2015	88,733
Charge for the year	31,962
On disposals	-
At 31 March 2016	120,695
Net book values
At 31 March 2016	3,067,078
At 31 March 2015	3,078,863

3Creditors

	2016 £	2015 £
Non-instalment debts due after 5 years	1,650,000	165,000

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100