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REGISTERED NUMBER: 08754656 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

AFML Limited

AFML Limited (Registered number: 08754656)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AFML Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: B Kaplan
M Levy
Ms P Schumann
M Segal





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





REGISTERED NUMBER: 08754656 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

AFML Limited (Registered number: 08754656)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,472,440 2,472,440

CURRENT ASSETS
Cash at bank - 1

CREDITORS
Amounts falling due within one year 5 6,261 5,669
NET CURRENT LIABILITIES (6,261 ) (5,668 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,466,179

2,466,772

CAPITAL AND RESERVES
Called up share capital 350,000 350,000
Retained earnings 2,116,179 2,116,772
SHAREHOLDERS' FUNDS 2,466,179 2,466,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





M Segal - Director


AFML Limited (Registered number: 08754656)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

AFML Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Interest received
The company has not recognise accruing interest on an investment loan as the receipt of the revenue is contingent on a uncertain future event and therefore it is currently not probable that the economic benefits associated with the transaction will flow to the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

31.12.23 31.12.22
£    £   
Other investments not loans 3,680 3,680
Other loans 2,468,760 2,468,760
2,472,440 2,472,440

Additional information is as follows:
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 3,680
NET BOOK VALUE
At 31 December 2023 3,680
At 31 December 2022 3,680
Other
loans
£   
At 1 January 2023
and 31 December 2023 2,468,760

AFML Limited (Registered number: 08754656)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to participating interests 300 300
Directors' current accounts 5,369 4,361
Accrued expenses 592 1,008
6,261 5,669