Company Registration No. SC622290 (Scotland)
Adufra Limited
Unaudited accounts
for the year ended 29 February 2024
Adufra Limited
Unaudited accounts
Contents
Adufra Limited
Company Information
for the year ended 29 February 2024
Company Number
SC622290 (Scotland)
Registered Office
Flat 2/1
136 Westmuir Street
Glasgow
G31 5BW
Scotland
Adufra Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
546
502
Creditors: amounts falling due within one year
(11,787)
(8,240)
Net current liabilities
(11,241)
(7,738)
Total assets less current liabilities
7,178
(7,738)
Creditors: amounts falling due after more than one year
(16,399)
(2,567)
Net liabilities
(9,221)
(10,305)
Called up share capital
10
10
Profit and loss account
(9,231)
(10,315)
Shareholders' funds
(9,221)
(10,305)
For the year ending 29 February 2024 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 24 September 2024 and were signed on its behalf by
Blessing Osagie
Director
Company Registration No. SC622290
Adufra Limited
Notes to the Accounts
for the year ended 29 February 2024
Adufra Limited is a private company, limited by shares, registered in Scotland, registration number SC622290. The registered office is Flat 2/1 , 136 Westmuir Street , Glasgow, G31 5BW , Scotland.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
12,838
90
12,928
At 29 February 2024
32,031
90
32,121
At 1 March 2023
12,838
90
12,928
Charge for the year
774
-
774
At 29 February 2024
13,612
90
13,702
At 29 February 2024
18,419
-
18,419
Adufra Limited
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,562
1,162
Loans from directors
9,088
5,391
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,399
2,567
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).