Affinia Holdings Limited 11890721 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is during the year was that of being a parent company of its trading subsidiary, Affinia Partnerships Ltd Digita Accounts Production Advanced 6.30.9574.0 true false true 11890721 2022-05-01 2023-04-30 11890721 2023-04-30 11890721 bus:OrdinaryShareClass1 2023-04-30 11890721 core:CurrentFinancialInstruments 2023-04-30 11890721 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 11890721 bus:SmallEntities 2022-05-01 2023-04-30 11890721 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 11890721 bus:FullAccounts 2022-05-01 2023-04-30 11890721 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 11890721 bus:RegisteredOffice 2022-05-01 2023-04-30 11890721 bus:Director2 2022-05-01 2023-04-30 11890721 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 11890721 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11890721 countries:AllCountries 2022-05-01 2023-04-30 11890721 core:CostValuation 2022-04-30 11890721 2021-05-01 2022-04-30 11890721 2022-04-30 11890721 bus:OrdinaryShareClass1 2022-04-30 11890721 core:CurrentFinancialInstruments 2022-04-30 11890721 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11890721

Affinia Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2023

 

Affinia Holdings Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Affinia Holdings Limited

(Registration number: 11890721)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

315,154

315,154

Current assets

 

Debtors

5

29,459

33,217

Cash at bank and in hand

 

3,704

4,050

 

33,163

37,267

Creditors: Amounts falling due within one year

6

(750)

(4,508)

Net current assets

 

32,413

32,759

Net assets

 

347,567

347,913

Capital and reserves

 

Called up share capital

7

2,020

2,020

Share premium reserve

135,739

135,739

Retained earnings

209,808

210,154

Shareholders' funds

 

347,567

347,913

 

Affinia Holdings Limited

(Registration number: 11890721)
Balance Sheet as at 30 April 2023 (continued)

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 January 2024
 

.........................................
T P Waterlow
Director

 

Affinia Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Mill Offices
Cowmills
Chipping Sodbury
BS37 6PJ
England

These financial statements were authorised for issue by the director on 17 January 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Affinia Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

2

Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Investments

2023
£

2022
£

Investments in subsidiaries

315,154

315,154

Subsidiaries

£

Cost or valuation

At 1 May 2022

315,154

Provision

Carrying amount

At 30 April 2023

315,154

At 30 April 2022

315,154

 

Affinia Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

5

Debtors

2023
£

2022
£

Prepayments

-

1,208

Other debtors

29,459

32,009

29,459

33,217

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

750

3,918

Other creditors

-

590

750

4,508

Creditors: amounts falling due after more than one year

2023
£

2022
£

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

2,020

2,020

2,020

2,020