Company Registration No. SC681885 (Scotland)
Afdak Investments Ltd
Unaudited accounts
for the period from 25 November 2020 to 30 November 2021
Afdak Investments Ltd
Unaudited accounts
Contents
Afdak Investments Ltd
Company Information
for the period from 25 November 2020 to 30 November 2021
Directors
Jacques Poolman
Lizelle Poolman
Company Number
SC681885 (Scotland)
Registered Office
10 Binniehill Road
Cumbernauld
Glasgow
North Lanarkshire
G68 9AJ
Scotland
Accountants
FBD Consultancy, Accounts & Tax Ltd
Sgarbach House
10 Binniehill Road
Cumbernauld
North Lanarkshire
G68 9AJ
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Afdak Investments Ltd
for the period from 25 November 2020 to 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Afdak Investments Ltd for the period from
25 November 2020 to
30 November 2021 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-january-2017.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-january-2017.
FBD Consultancy, Accounts & Tax Ltd
Chartered Accountants
Sgarbach House
10 Binniehill Road
Cumbernauld
North Lanarkshire
G68 9AJ
19 August 2022
Afdak Investments Ltd
Statement of financial position
as at 30 November 2021
Investment property
262,000
Cash at bank and in hand
2,083
Creditors: amounts falling due within one year
(317,403)
Net current liabilities
(315,320)
Called up share capital
100
Profit and loss account
(53,420)
Shareholders' funds
(53,320)
For the period ending 30 November 2021 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 19 August 2022 and were signed on its behalf by
Jacques Poolman
Director
Company Registration No. SC681885
Afdak Investments Ltd
Notes to the Accounts
for the period from 25 November 2020 to 30 November 2021
Afdak Investments Ltd is a private company, limited by shares, registered in Scotland, registration number SC681885. The registered office is 10 Binniehill Road , Cumbernauld, Glasgow, North Lanarkshire, G68 9AJ, Scotland .
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 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.
Net loss from fair value adjustments
(41,212)
At 30 November 2021
262,000
5
Creditors: amounts falling due within one year
2021
Loans from directors
315,891
6
Average number of employees
During the period the average number of employees was 0.