14 May 2022 false No description of principal activity Taxfiler 2023.10 14107444business:PrivateLimitedCompanyLtd2022-05-142023-05-31 141074442022-05-13 141074442022-05-142023-05-31 14107444business:AuditExempt-NoAccountantsReport2022-05-142023-05-31 14107444business:FilletedAccounts2022-05-142023-05-31 141074442023-05-31 14107444business:Director12022-05-142023-05-31 14107444business:RegisteredOffice2022-05-142023-05-31 14107444core:WithinOneYear2023-05-31 14107444core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14107444core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14107444core:PreviouslyStatedAmount2023-05-31 14107444business:SmallEntities2022-05-142023-05-31 14107444countries:EnglandWales2022-05-142023-05-31 14107444core:FurnitureFittings2022-05-13 14107444core:FurnitureFittings2022-05-142023-05-31 14107444core:FurnitureFittings2023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14107444 (England and Wales)
African Foods Ltd Unaudited accounts for the period from 14 May 2022 to 31 May 2023
African Foods Ltd Unaudited accounts Contents
Page
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African Foods Ltd Company Information for the period from 14 May 2022 to 31 May 2023
Director
Ehizojie Peter Edovia
Company Number
14107444 (England and Wales)
Registered Office
81 Church Street Croydon CR0 1RH England
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African Foods Ltd Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
12,750 
Current assets
Inventories
4,887 
Debtors
150 
Cash at bank and in hand
(2,370)
2,667 
Creditors: amounts falling due within one year
(27,826)
Net current liabilities
(25,159)
Net liabilities
(12,409)
Capital and reserves
Called up share capital
1 
Profit and loss account
(12,410)
Shareholders' funds
(12,409)
For the period ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 13 February 2024 and were signed on its behalf by
Ehizojie Peter Edovia Director Company Registration No. 14107444
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African Foods Ltd Notes to the Accounts for the period from 14 May 2022 to 31 May 2023
1
Statutory information
African Foods Ltd is a private company, limited by shares, registered in England and Wales, registration number 14107444. The registered office is 81 Church Street, Croydon, CR0 1RH, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 14 May 2022
- 
Additions
15,000 
At 31 May 2023
15,000 
Depreciation
Charge for the period
2,250 
At 31 May 2023
2,250 
Net book value
At 31 May 2023
12,750 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
150 
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African Foods Ltd Notes to the Accounts for the period from 14 May 2022 to 31 May 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
10,125 
Other creditors
2,000 
Loans from directors
15,101 
Accruals
600 
27,826 
7
Average number of employees
During the period the average number of employees was 2.
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