AYFJOW Ltd 12012507 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false 12012507 2023-05-01 2024-04-30 12012507 2024-04-30 12012507 core:CurrentFinancialInstruments 2024-04-30 12012507 bus:SmallEntities 2023-05-01 2024-04-30 12012507 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 12012507 bus:FilletedAccounts 2023-05-01 2024-04-30 12012507 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12012507 bus:RegisteredOffice 2023-05-01 2024-04-30 12012507 bus:Director2 2023-05-01 2024-04-30 12012507 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12012507 countries:EnglandWales 2023-05-01 2024-04-30 12012507 core:CostValuation 2023-04-30 12012507 2022-05-01 2023-04-30 12012507 2023-04-30 12012507 core:CurrentFinancialInstruments 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 12012507

AYFJOW Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

AYFJOW Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

AYFJOW Ltd

(Registration number: 12012507)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

100

100

Current assets

 

Debtors

16,636

-

Net assets

 

16,736

100

Capital and reserves

 

Called up share capital

100

100

Retained earnings

16,636

-

Shareholders' funds

 

16,736

100

For the financial year ending 30 April 2024 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 August 2024
 

.........................................
Mr Simon Keith Walker
Director

 

AYFJOW Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

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

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

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.

Summary of disclosure exemptions

The company has taken advantage of exemptions conferred by Financial Reporting Standard 102 - Related Party Disclosures not to disclose transactions between wholly owned member of the same group.

Group accounts not prepared

At the year end date, the group qualified for exemption from preparing group accounts under the FRS 102 small companies regime. The directors have elected not to prepare group accounts on this 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.

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

 

AYFJOW Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investments

Subsidiaries

£

Cost or valuation

At 1 May 2023

100

Provision

Carrying amount

At 30 April 2024

100

At 30 April 2023

100