Affinia Holdings Limited 11890721 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is during the year was that of being a parent company of its trading subsidiary, Affinia Partnerships Ltd Digita Accounts Production Advanced 6.30.9574.0 true false true 11890721 2023-05-01 2024-04-30 11890721 2024-04-30 11890721 bus:OrdinaryShareClass1 2024-04-30 11890721 core:CurrentFinancialInstruments 2024-04-30 11890721 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11890721 bus:SmallEntities 2023-05-01 2024-04-30 11890721 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11890721 bus:FilletedAccounts 2023-05-01 2024-04-30 11890721 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11890721 bus:RegisteredOffice 2023-05-01 2024-04-30 11890721 bus:Director2 2023-05-01 2024-04-30 11890721 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 11890721 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11890721 countries:AllCountries 2023-05-01 2024-04-30 11890721 core:CostValuation 2023-04-30 11890721 2022-05-01 2023-04-30 11890721 2023-04-30 11890721 bus:OrdinaryShareClass1 2023-04-30 11890721 core:CurrentFinancialInstruments 2023-04-30 11890721 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11890721

Affinia Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Affinia Holdings Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Affinia Holdings Limited

(Registration number: 11890721)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

315,154

315,154

Current assets

 

Debtors

5

15,184

29,459

Cash at bank and in hand

 

3,012

3,704

 

18,196

33,163

Creditors: Amounts falling due within one year

6

(756)

(750)

Net current assets

 

17,440

32,413

Net assets

 

332,594

347,567

Capital and reserves

 

Called up share capital

7

2,020

2,020

Share premium reserve

135,739

135,739

Retained earnings

194,835

209,808

Shareholders' funds

 

332,594

347,567

 

Affinia Holdings Limited

(Registration number: 11890721)
Balance Sheet as at 30 April 2024 (continued)

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 January 2025
 

.........................................
T P Waterlow
Director

 

Affinia Holdings Limited

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 & Wales.

The address of its registered office is:
The Mill Offices
Cowmills
Chipping Sodbury
BS37 6PJ
England

These financial statements were authorised for issue by the director on 29 January 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Affinia Holdings Limited

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

2

Accounting policies (continued)

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.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 

3

Staff numbers

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

4

Investments

2024
£

2023
£

Investments in subsidiaries

315,154

315,154

 

Affinia Holdings Limited

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

4

Investments (continued)

Subsidiaries

£

Cost or valuation

At 1 May 2023

315,154

Provision

Carrying amount

At 30 April 2024

315,154

At 30 April 2023

315,154

5

Debtors

2024
£

2023
£

Other debtors

15,184

29,459

15,184

29,459

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

6

-

Accruals and deferred income

750

750

756

750

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

2,020

2,020

2,020

2,020