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REGISTERED NUMBER: 09881626 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

AFTA ELECTRICAL LIMITED

AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2021










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


AFTA ELECTRICAL LIMITED

COMPANY INFORMATION
for the year ended 30 November 2021







DIRECTORS: P Cukelj
Mrs E M Cukelj





REGISTERED OFFICE: 2nd Floor, Romy House
163-167 Kings Road
Brentwood
Essex
CM14 4EG





REGISTERED NUMBER: 09881626 (England and Wales)





ACCOUNTANTS: Sewell & Co
2nd Floor Romy House
163-167 Kings Road
Brentwood
Essex
CM14 4EG

AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

BALANCE SHEET
30 November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,511 2,081

CURRENT ASSETS
Debtors 5 17,435 18,299
Cash at bank 14,173 8,433
31,608 26,732
CREDITORS
Amounts falling due within one year 6 (4,702 ) 4,953
NET CURRENT ASSETS 36,310 21,779
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,821

23,860

CREDITORS
Amounts falling due after more than one
year

7

44,406

20,000
NET ASSETS 8,415 3,860

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,315 3,760
SHAREHOLDERS' FUNDS 8,415 3,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

BALANCE SHEET - continued
30 November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2022 and were signed on its behalf by:





P Cukelj - Director


AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2021


1. STATUTORY INFORMATION

Afta Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - NIL ) .

AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2021


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 3,026
Additions 19,933
At 30 November 2021 22,959
DEPRECIATION
At 1 December 2020 945
Charge for year 5,503
At 30 November 2021 6,448
NET BOOK VALUE
At 30 November 2021 16,511
At 30 November 2020 2,081

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 13,290 8,299
Other debtors 4,145 10,000
17,435 18,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors - (1 )
Taxation and social security (7,692 ) 1,993
Other creditors 2,990 2,961
(4,702 ) 4,953

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans - 20,000
Hire purchase contracts 19,148 -
Other creditors 25,258 -
44,406 20,000

AFTA ELECTRICAL LIMITED (REGISTERED NUMBER: 09881626)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2021


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2021 2020
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 20,000