Company Registration No. 04463251 (England and Wales)
AFQS Limited
Unaudited accounts
for the year ended 30 June 2024
AFQS Limited
Unaudited accounts
Contents
AFQS Limited
Company Information
for the year ended 30 June 2024
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
AFQS Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
37,476
52,330
Creditors: amounts falling due within one year
(83,140)
(98,828)
Net current assets
14,089
6,391
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
AFQS Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
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:
4
Tangible fixed assets
Computer equipment
AFQS Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
21,315
33,428
Accrued income and prepayments
1,600
-
Other debtors
36,838
19,461
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
14,482
19,329
Other creditors
61,915
68,600
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).