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Company Registration No. 04463251 (England and Wales)
AFQS Limited Unaudited accounts for the year ended 30 June 2024
AFQS Limited Unaudited accounts Contents
Page
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AFQS Limited Company Information for the year ended 30 June 2024
Director
Neil R Adams
Company Number
04463251 (England and Wales)
Registered Office
27 Asquith Close Biddulph Stoke-on-Trent Staffordshire ST8 7PE United Kingdom
Accountants
Deborah Warburton 4 Acre Bank Close Skinburness Cumbria CA7 4RD
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AFQS Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
116 
70 
Current assets
Debtors
59,753 
52,889 
Cash at bank and in hand
37,476 
52,330 
97,229 
105,219 
Creditors: amounts falling due within one year
(83,140)
(98,828)
Net current assets
14,089 
6,391 
Net assets
14,205 
6,461 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,204 
6,460 
Shareholders' funds
14,205 
6,461 
For the year ending 30 June 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 22 January 2025 and were signed on its behalf by
Neil R Adams Director Company Registration No. 04463251
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AFQS Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
AFQS Limited is a private company, limited by shares, registered in England and Wales, registration number 04463251. The registered office is 27 Asquith Close, Biddulph, Stoke-on-Trent, Staffordshire, ST8 7PE, United Kingdom.
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.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period exclusive of VAT
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:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
4,503 
Additions
133 
At 30 June 2024
4,636 
Depreciation
At 1 July 2023
4,433 
Charge for the year
87 
At 30 June 2024
4,520 
Net book value
At 30 June 2024
116 
At 30 June 2023
70 
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AFQS Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,315 
33,428 
Accrued income and prepayments
1,600 
- 
Other debtors
36,838 
19,461 
59,753 
52,889 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
(15)
(15)
Taxes and social security
14,482 
19,329 
Other creditors
61,915 
68,600 
Accruals
6,758 
10,914 
83,140 
98,828 
7
Transactions with related parties
The company has a balance owing to Mr N R Adams, the sole director, of £61,915 (2023- £68,600) at the year end. This is included in other creditors and is interest free and repayable on demand. Other debtors balance of £36,838 (2023- £19,461) represent an amount owing from a company, Quality Destinations Group Limited, which is wholly owned by Mr N R Adams. The loan held at the year end is deemed interest free and payable on demand.
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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