2022-12-012023-11-302023-11-30false13027363AFFINITY INDUSTRIES LIMITED2024-07-1047910iso4217:GBPxbrli:pure130273632022-12-01130273632023-11-30130273632022-12-012023-11-30130273632021-12-01130273632022-11-30130273632021-12-012022-11-3013027363bus:SmallEntities2022-12-012023-11-3013027363bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3013027363bus:FullAccounts2022-12-012023-11-3013027363bus:PrivateLimitedCompanyLtd2022-12-012023-11-3013027363core:WithinOneYear2023-11-3013027363core:AfterOneYear2023-11-3013027363core:WithinOneYear2022-11-3013027363core:AfterOneYear2022-11-3013027363core:ShareCapital2023-11-3013027363core:SharePremium2023-11-3013027363core:RevaluationReserve2023-11-3013027363core:OtherReservesSubtotal2023-11-3013027363core:RetainedEarningsAccumulatedLosses2023-11-3013027363core:ShareCapital2022-11-3013027363core:SharePremium2022-11-3013027363core:RevaluationReserve2022-11-3013027363core:OtherReservesSubtotal2022-11-3013027363core:RetainedEarningsAccumulatedLosses2022-11-3013027363core:LandBuildings2023-11-3013027363core:PlantMachinery2023-11-3013027363core:Vehicles2023-11-3013027363core:FurnitureFittings2023-11-3013027363core:OfficeEquipment2023-11-3013027363core:NetGoodwill2023-11-3013027363core:IntangibleAssetsOtherThanGoodwill2023-11-3013027363core:ListedExchangeTraded2023-11-3013027363core:UnlistedNon-exchangeTraded2023-11-3013027363core:LandBuildings2022-11-3013027363core:PlantMachinery2022-11-3013027363core:Vehicles2022-11-3013027363core:FurnitureFittings2022-11-3013027363core:OfficeEquipment2022-11-3013027363core:NetGoodwill2022-11-3013027363core:IntangibleAssetsOtherThanGoodwill2022-11-3013027363core:ListedExchangeTraded2022-11-3013027363core:UnlistedNon-exchangeTraded2022-11-3013027363core:LandBuildings2022-12-012023-11-3013027363core:PlantMachinery2022-12-012023-11-3013027363core:Vehicles2022-12-012023-11-3013027363core:FurnitureFittings2022-12-012023-11-3013027363core:OfficeEquipment2022-12-012023-11-3013027363core:NetGoodwill2022-12-012023-11-3013027363core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3013027363core:ListedExchangeTraded2022-12-012023-11-3013027363core:UnlistedNon-exchangeTraded2022-12-012023-11-3013027363core:MoreThanFiveYears2022-12-012023-11-3013027363core:Non-currentFinancialInstruments2023-11-3013027363core:Non-currentFinancialInstruments2022-11-3013027363dpl:CostSales2022-12-012023-11-3013027363dpl:DistributionCosts2022-12-012023-11-3013027363core:LandBuildings2022-12-012023-11-3013027363core:PlantMachinery2022-12-012023-11-3013027363core:Vehicles2022-12-012023-11-3013027363core:FurnitureFittings2022-12-012023-11-3013027363core:OfficeEquipment2022-12-012023-11-3013027363dpl:AdministrativeExpenses2022-12-012023-11-3013027363core:NetGoodwill2022-12-012023-11-3013027363core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3013027363dpl:GroupUndertakings2022-12-012023-11-3013027363dpl:ParticipatingInterests2022-12-012023-11-3013027363dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3013027363core:ListedExchangeTraded2022-12-012023-11-3013027363dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3013027363core:UnlistedNon-exchangeTraded2022-12-012023-11-3013027363dpl:CostSales2021-12-012022-11-3013027363dpl:DistributionCosts2021-12-012022-11-3013027363core:LandBuildings2021-12-012022-11-3013027363core:PlantMachinery2021-12-012022-11-3013027363core:Vehicles2021-12-012022-11-3013027363core:FurnitureFittings2021-12-012022-11-3013027363core:OfficeEquipment2021-12-012022-11-3013027363dpl:AdministrativeExpenses2021-12-012022-11-3013027363core:NetGoodwill2021-12-012022-11-3013027363core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3013027363dpl:GroupUndertakings2021-12-012022-11-3013027363dpl:ParticipatingInterests2021-12-012022-11-3013027363dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3013027363core:ListedExchangeTraded2021-12-012022-11-3013027363dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3013027363core:UnlistedNon-exchangeTraded2021-12-012022-11-3013027363core:NetGoodwill2023-11-3013027363core:IntangibleAssetsOtherThanGoodwill2023-11-3013027363core:LandBuildings2023-11-3013027363core:PlantMachinery2023-11-3013027363core:Vehicles2023-11-3013027363core:FurnitureFittings2023-11-3013027363core:OfficeEquipment2023-11-3013027363core:AfterOneYear2023-11-3013027363core:WithinOneYear2023-11-3013027363core:ListedExchangeTraded2023-11-3013027363core:UnlistedNon-exchangeTraded2023-11-3013027363core:ShareCapital2023-11-3013027363core:SharePremium2023-11-3013027363core:RevaluationReserve2023-11-3013027363core:OtherReservesSubtotal2023-11-3013027363core:RetainedEarningsAccumulatedLosses2023-11-3013027363core:NetGoodwill2022-11-3013027363core:IntangibleAssetsOtherThanGoodwill2022-11-3013027363core:LandBuildings2022-11-3013027363core:PlantMachinery2022-11-3013027363core:Vehicles2022-11-3013027363core:FurnitureFittings2022-11-3013027363core:OfficeEquipment2022-11-3013027363core:AfterOneYear2022-11-3013027363core:WithinOneYear2022-11-3013027363core:ListedExchangeTraded2022-11-3013027363core:UnlistedNon-exchangeTraded2022-11-3013027363core:ShareCapital2022-11-3013027363core:SharePremium2022-11-3013027363core:RevaluationReserve2022-11-3013027363core:OtherReservesSubtotal2022-11-3013027363core:RetainedEarningsAccumulatedLosses2022-11-3013027363core:NetGoodwill2021-12-0113027363core:IntangibleAssetsOtherThanGoodwill2021-12-0113027363core:LandBuildings2021-12-0113027363core:PlantMachinery2021-12-0113027363core:Vehicles2021-12-0113027363core:FurnitureFittings2021-12-0113027363core:OfficeEquipment2021-12-0113027363core:AfterOneYear2021-12-0113027363core:WithinOneYear2021-12-0113027363core:ListedExchangeTraded2021-12-0113027363core:UnlistedNon-exchangeTraded2021-12-0113027363core:ShareCapital2021-12-0113027363core:SharePremium2021-12-0113027363core:RevaluationReserve2021-12-0113027363core:OtherReservesSubtotal2021-12-0113027363core:RetainedEarningsAccumulatedLosses2021-12-0113027363core:AfterOneYear2022-12-012023-11-3013027363core:WithinOneYear2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:CostValuation2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3013027363core:Non-currentFinancialInstrumentscore:CostValuation2023-11-3013027363core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-3013027363core:Non-currentFinancialInstrumentscore:CostValuation2022-11-3013027363core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-3013027363core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-3013027363bus:Director12022-12-012023-11-3013027363bus:Director22022-12-012023-11-30

AFFINITY INDUSTRIES LIMITED

Registered Number
13027363
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

AFFINITY INDUSTRIES LIMITED
Company Information
for the year from 1 December 2022 to 30 November 2023

Directors

IOANNOU, John
IOANNOU, Palita

Registered Address

20 Rockingham Road
Plymouth
PL3 5BN

Registered Number

13027363 (England and Wales)
AFFINITY INDUSTRIES LIMITED
Statement of Financial Position
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,317728
1,317728
Current assets
Stocks44,20017,113
Debtors2,7255,471
Cash at bank and on hand35,24129,569
42,16652,153
Creditors amounts falling due within one year5(2,221)(2,197)
Net current assets (liabilities)39,94549,956
Total assets less current liabilities41,26250,684
Net assets41,26250,684
Capital and reserves
Called up share capital11
Profit and loss account41,26150,683
Shareholders' funds41,26250,684
The financial statements were approved and authorised for issue by the Board of Directors on 10 July 2024, and are signed on its behalf by:
IOANNOU, Palita
Director
Registered Company No. 13027363
AFFINITY INDUSTRIES LIMITED
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
The company continues to adopt a going concern basis in preparing its financial statements.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 December 22748748
Additions889889
At 30 November 231,6371,637
Depreciation and impairment
At 01 December 222020
Charge for year300300
At 30 November 23320320
Net book value
At 30 November 231,3171,317
At 30 November 22728728
4.Stocks

2023

2022

££
Other stocks4,20017,113
Total4,20017,113
5.Creditors: amounts due within one year

2023

2022

££
Taxation and social security1,3541,752
Other creditors867445
Total2,2212,197
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.