1 March 2023 false No description of principal activity Taxfiler 2024.5 SC622290business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC6222902023-02-28 SC6222902023-03-012024-02-29 SC622290business:AuditExemptWithAccountantsReport2023-03-012024-02-29 SC622290business:FilletedAccounts2023-03-012024-02-29 SC6222902024-02-29 SC622290business:Director12023-03-012024-02-29 SC622290business:RegisteredOffice2023-03-012024-02-29 SC6222902023-02-28 SC622290core:WithinOneYear2024-02-29 SC622290core:WithinOneYear2023-02-28 SC622290core:AfterOneYear2024-02-29 SC622290core:AfterOneYear2023-02-28 SC622290core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC622290core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC622290core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC622290core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC622290core:PreviouslyStatedAmount2024-02-29 SC622290core:PreviouslyStatedAmount2023-02-28 SC622290business:SmallEntities2023-03-012024-02-29 SC622290countries:Scotland2023-03-012024-02-29 SC622290core:MotorVehicles2023-03-012024-02-29 SC622290core:FurnitureFittings2023-03-012024-02-29 SC622290core:MotorVehicles2023-02-28 SC622290core:FurnitureFittings2023-02-28 SC622290core:MotorVehicles2024-02-29 SC622290core:FurnitureFittings2024-02-29 SC6222902022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC622290 (Scotland)
Adufra Limited Unaudited accounts for the year ended 29 February 2024
Adufra Limited Unaudited accounts Contents
Page
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Adufra Limited Company Information for the year ended 29 February 2024
Director
Blessing Osagie
Company Number
SC622290 (Scotland)
Registered Office
Flat 2/1 136 Westmuir Street Glasgow G31 5BW Scotland
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Adufra Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,419 
- 
Current assets
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)
Capital and reserves
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
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Adufra Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
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:
Motor vehicles
8%
Fixtures & fittings
18%
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 
Additions
19,193 
- 
19,193 
At 29 February 2024
32,031 
90 
32,121 
Depreciation
At 1 March 2023
12,838 
90 
12,928 
Charge for the year
774 
- 
774 
At 29 February 2024
13,612 
90 
13,702 
Net book value
At 29 February 2024
18,419 
- 
18,419 
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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 
Other creditors
1,190 
730 
Loans from directors
9,088 
5,391 
Accruals
(53)
957 
11,787 
8,240 
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).
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