25 November 2020 false No description of principal activity Taxfiler 2022.8.3 SC681885business:PrivateLimitedCompanyLtd2020-11-252021-11-30 SC6818852020-11-24 SC6818852020-11-252021-11-30 SC681885business:AuditExemptWithAccountantsReport2020-11-252021-11-30 SC681885business:FullAccounts2020-11-252021-11-30 SC6818852021-11-30 SC681885business:Director12020-11-252021-11-30 SC681885business:Director22020-11-252021-11-30 SC681885business:RegisteredOffice2020-11-252021-11-30 SC681885core:WithinOneYear2021-11-30 SC681885core:ShareCapital2021-11-30 SC681885core:RetainedEarningsAccumulatedLosses2021-11-30 SC681885business:SmallEntities2020-11-252021-11-30 SC681885countries:Scotland2020-11-252021-11-30 iso4217:GBP xbrli:pure
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
Page
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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
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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
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Afdak Investments Ltd Statement of financial position as at 30 November 2021
2021 
Notes
£ 
Fixed assets
Investment property
262,000 
Current assets
Cash at bank and in hand
2,083 
Creditors: amounts falling due within one year
(317,403)
Net current liabilities
(315,320)
Net liabilities
(53,320)
Capital and reserves
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
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Afdak Investments Ltd Notes to the Accounts for the period from 25 November 2020 to 30 November 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2021 
£ 
Additions
303,212 
Net loss from fair value adjustments
(41,212)
At 30 November 2021
262,000 
5
Creditors: amounts falling due within one year
2021 
£ 
Other creditors
272 
Loans from directors
315,891 
Accruals
1,240 
317,403 
6
Average number of employees
During the period the average number of employees was 0.
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