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REGISTERED NUMBER: 04630279 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023

FOR

AFFINITY BAR LIMITED

AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AFFINITY BAR LIMITED

COMPANY INFORMATION
FOR THE PERIOD 27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023







DIRECTOR: Mr Martin Smith





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 04630279 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

ABRIDGED BALANCE SHEET
25 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 71,079 68,450

CURRENT ASSETS
Stocks 5,965 8,565
Debtors 159,988 170,855
Cash at bank and in hand 3,061 2,632
169,014 182,052
CREDITORS
Amounts falling due within one year 199,158 223,059
NET CURRENT LIABILITIES (30,144 ) (41,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,935

27,443

PROVISIONS FOR LIABILITIES 6 6,499 5,092
NET ASSETS 34,436 22,351

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 34,434 22,349
SHAREHOLDERS' FUNDS 34,436 22,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

ABRIDGED BALANCE SHEET - continued
25 SEPTEMBER 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 25 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 1 October 2024 and were signed by:





Mr Martin Smith - Director


AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023


1. STATUTORY INFORMATION

Affinity Bar 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to leasehold property - Straight line over 20 years
Equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023


3. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 27 September 2022 386,490
Additions 16,308
At 25 September 2023 402,798
DEPRECIATION
At 27 September 2022 318,040
Charge for period 13,679
At 25 September 2023 331,719
NET BOOK VALUE
At 25 September 2023 71,079
At 26 September 2022 68,450

6. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 6,499 5,092

AFFINITY BAR LIMITED (REGISTERED NUMBER: 04630279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 SEPTEMBER 2022 TO 25 SEPTEMBER 2023


6. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 27 September 2022 5,092
Provided during period 1,407
Accelerated capital allowances
Balance at 25 September 2023 6,499

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

Affinity Property Investments Limited
At the balance sheet date, Affinity Property Investments Limited, a company in which Mr Martin Smith is the director and sole shareholder, owed £147,032 (2022 - £159,524) to Affinity Bar Limited. This is an unsecured interest-free loan which is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is the director, Mr Martin Smith, andhis wife, Mrs Charlotte Smith.

They own 100% of the issued share capital between them.