REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
20 JULY 2022 TO 31 JULY 2023 |
FOR |
AF&F CONSTRUCTION LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
20 JULY 2022 TO 31 JULY 2023 |
FOR |
AF&F CONSTRUCTION LTD |
AF&F CONSTRUCTION LTD (REGISTERED NUMBER: 14244878) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 20 JULY 2022 TO 31 JULY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
AF&F CONSTRUCTION LTD |
COMPANY INFORMATION |
FOR THE PERIOD 20 JULY 2022 TO 31 JULY 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Fulford House |
Newbold Terrace |
Leamington Spa |
Warwickshire |
CV32 4EA |
AF&F CONSTRUCTION LTD (REGISTERED NUMBER: 14244878) |
BALANCE SHEET |
31 JULY 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up and paid share capital |
Retained earnings |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
AF&F CONSTRUCTION LTD (REGISTERED NUMBER: 14244878) |
BALANCE SHEET - continued |
31 JULY 2023 |
The financial statements were approved by the director and authorised for issue on |
AF&F CONSTRUCTION LTD (REGISTERED NUMBER: 14244878) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 20 JULY 2022 TO 31 JULY 2023 |
1. | STATUTORY INFORMATION |
Af&F Construction Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Financial instruments |
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
AF&F CONSTRUCTION LTD (REGISTERED NUMBER: 14244878) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 20 JULY 2022 TO 31 JULY 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Amounts owed by participating interests | 287,000 |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to participating interests | 14,900 |
Taxation and social security |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
Included in creditors is the amount owed by the company of £15,000 and in debtors the amount owed |
to the company of £287,000 to companies in which director has an interest. The loans are interest free |
and repayable on demand. |