Company Registration No. 08533607 (England and Wales)
AFC Parts Ltd
Unaudited accounts
for the year ended 31 May 2023
AFC Parts Ltd
Unaudited accounts
Contents
AFC Parts Ltd
Company Information
for the year ended 31 May 2023
Company Number
08533607 (England and Wales)
Registered Office
13f River Road
Barking
Essex
IG11 0HE
United Kingdom
AFC Parts Ltd
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
(1,812)
370
Creditors: amounts falling due within one year
(1,771)
7,540
Net current (liabilities)/assets
(3,583)
18,104
Total assets less current liabilities
(3,583)
18,701
Creditors: amounts falling due after more than one year
(17,873)
(22,138)
Net liabilities
(21,456)
(3,437)
Profit and loss account
(21,456)
(3,437)
Shareholders' funds
(21,456)
(3,437)
For the year 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 22 February 2024 and were signed on its behalf by
Mr Marcin Anew
Director
Company Registration No. 08533607
AFC Parts Ltd
Notes to the Accounts
for the year ended 31 May 2023
AFC Parts Ltd is a private company, limited by shares, registered in England and Wales, registration number 08533607. The registered office is 13f River Road, Barking, Essex, IG11 0HE, United Kingdom .
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Amounts falling due within one year
AFC Parts Ltd
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
1,771
(9,070)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).