NAFEX LIMITED

Company Registration Number:
10551794 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

NAFEX LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NAFEX LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Elisha Kwasi Anti
Secretary: Hannah Dadzie
Registered office: 35
Fulmar Road
Rochester
England
ME2 2SD
Company Registration Number: 10551794 (England and Wales)

NAFEX LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Elisha Kwasi Anti

Secretary
Hannah Dadzie

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Elisha Kwasi Anti
Status: Director

NAFEX LIMITED

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 860 850
Gross Profit or (Loss) 860 850
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 743 ) ( 738 )
Operating Profit or (Loss) 117 112
Profit or (Loss) Before Tax 117 112
Tax on Profit ( 24 ) ( 22 )
Profit or (Loss) for Period 93 90

The notes form part of these financial statements

NAFEX LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 500 500
Tangible assets: 5 500 500
Total fixed assets: 1,000 1,000
Current assets
Cash at bank and in hand: 70 50
Total current assets: 70 50
Creditors: amounts falling due within one year: 6 ( 540 ) ( 530 )
Net current assets (liabilities): ( 470 ) ( 480 )
Total assets less current liabilities: 530 520
Total net assets (liabilities): 530 520

The notes form part of these financial statements

NAFEX LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 470 ) ( 480 )
Shareholders funds: 530 520

For the year ending 31 January 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Elisha Kwasi Anti
Status: Director

The notes form part of these financial statements

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2022 500 500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 500 500
Amortisation
Amortisation at 01 February 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 January 2023 - -
Net book value
Net book value at 31 January 2023 500 500
Net book value at 31 January 2022 500 500

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2022 500 500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 500 500
Depreciation
At 01 February 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2023 - -
Net book value
At 31 January 2023 500 500
At 31 January 2022 500 500

NAFEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 516 508
Taxation and social security 24 22
Total 540 530