2022-03-01 05681968 2023-02-28 05681968 2022-03-01 2023-02-28 05681968 2022-02-28 05681968 2021-03-01 2022-02-28 05681968 uk-core:WithinOneYear 2022-02-28 05681968 uk-core:WithinOneYear 2023-02-28 05681968 uk-core:AfterOneYear 2022-02-28 05681968 uk-core:AfterOneYear 2023-02-28 05681968 uk-core:ShareCapital 2023-02-28 05681968 uk-core:ShareCapital 2022-02-28 05681968 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 05681968 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 05681968 uk-bus:Director1 2022-03-01 2023-02-28 05681968 uk-core:ToolsEquipment 2022-02-28 05681968 uk-core:CommercialMotorVehicles 2022-02-28 05681968 uk-core:PlantMachinery 2022-02-28 05681968 uk-core:PlantMachinery 2023-02-28 05681968 uk-core:CommercialMotorVehicles 2023-02-28 05681968 uk-core:ToolsEquipment 2023-02-28 iso4217:GBP xbrli:pure 05681968 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 05681968 uk-bus:FRS102 2022-03-01 2023-02-28 05681968 uk-bus:FullAccounts 2022-03-01 2023-02-28 05681968 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
AFD Logistics Limited
Registered Number:05681968
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
AFD Logistics Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05681968
As at 28 February 2023
AFD Logistics Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
38,608
38,608
2
38,608
38,608
Current assets
Trade and other receivables
14,405
6,401
3
29,165
Cash and cash equivalents
31,192
37,593
43,570
Trade and other payables: amounts falling due within one
year
(19,326)
(17,381)
4
24,244
20,212
Net current assets
Total assets less current liabilities
58,820
62,852
Trade and other payables: amounts falling due after more
than one year
(7,000)
(7,000)
5
51,820
Net assets
55,852
Capital and reserves
Called up share capital
100
100
Retained earnings
51,720
55,752
51,820
55,852
Shareholders' funds
For the year ended 28 February 2023 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mohammed Rehman Director
These financial statements were approved and authorised for issue by the Board on 08 September 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
AFD Logistics Limited
Notes to the Financial Statements
Statutory Information
AFD Logistics Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05681968.
Registered address:
Unit 2, St James Court
Bridgnorth Road
Wollaston
DY8 3QG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 March 2022
38,608
308
33,300
5,000
At 28 February 2023
5,000
33,300
308
38,608
At 28 February 2023
Net book value
5,000
33,300
308
38,608
At 28 February 2022
5,000
33,300
308
38,608
3. Trade and other receivables
2022
2023
£
£
Trade debtors
6,401
14,405
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5
For the year ended 28 February 2023
AFD Logistics Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
9,674
3,482
Taxation and social security
6,662
7,736
Other creditors
1,045
8,108
17,381
19,326
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
7,000
7,000
6. Average number of persons employed
During the year the average number of employees was 0
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