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Company Registration No. 12121325 (England and Wales)
Afshin Electrics Ltd Unaudited accounts for the year ended 30 July 2023
Afshin Electrics Ltd Unaudited accounts Contents
Page
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Afshin Electrics Ltd Company Information for the year ended 30 July 2023
Director
Afshin Davari
Company Number
12121325 (England and Wales)
Registered Office
6D STONYHURST ROAD BLACKBURN BB2 1NQ UNITED KINGDOM
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Afshin Electrics Ltd Statement of financial position as at 30 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,662 
14,592 
Current assets
Inventories
11,675 
4,487 
Cash at bank and in hand
8,032 
8,490 
19,707 
12,977 
Creditors: amounts falling due within one year
(12,180)
(22,237)
Net current assets/(liabilities)
7,527 
(9,260)
Total assets less current liabilities
37,189 
5,332 
Creditors: amounts falling due after more than one year
(36,925)
- 
Net assets
264 
5,332 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
262 
5,330 
Shareholders' funds
264 
5,332 
For the year ending 30 July 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 29 July 2024 and were signed on its behalf by
Afshin Davari Director Company Registration No. 12121325
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Afshin Electrics Ltd Notes to the Accounts for the year ended 30 July 2023
1
Statutory information
Afshin Electrics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12121325. The registered office is 6D STONYHURST ROAD, BLACKBURN, BB2 1NQ, 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.
3
Accounting policies
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.
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.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 31 July 2022
18,240 
Additions
22,485 
At 30 July 2023
40,725 
Depreciation
At 31 July 2022
3,648 
Charge for the year
7,415 
At 30 July 2023
11,063 
Net book value
At 30 July 2023
29,662 
At 30 July 2022
14,592 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,417 
10,015 
Taxes and social security
2,482 
2,583 
Other creditors
- 
3,571 
Loans from directors
2,181 
4,918 
Accruals
2,100 
1,150 
12,180 
22,237 
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Afshin Electrics Ltd Notes to the Accounts for the year ended 30 July 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
36,925 
- 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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