1 March 2023 false No description of principal activity Taxfiler 2024.6 SC621762business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC6217622023-02-28 SC6217622023-03-012024-02-29 SC621762business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 SC621762business:FilletedAccounts2023-03-012024-02-29 SC6217622024-02-29 SC621762business:Director12023-03-012024-02-29 SC621762business:Director22023-03-012024-02-29 SC621762business:RegisteredOffice2023-03-012024-02-29 SC6217622023-02-28 SC621762core:WithinOneYear2024-02-29 SC621762core:WithinOneYear2023-02-28 SC621762core:AfterOneYear2024-02-29 SC621762core:AfterOneYear2023-02-28 SC621762core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC621762core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC621762core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC621762core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC621762core:PreviouslyStatedAmount2024-02-29 SC621762core:PreviouslyStatedAmount2023-02-28 SC621762business:SmallEntities2023-03-012024-02-29 SC621762countries:Scotland2023-03-012024-02-29 SC621762core:Goodwill2023-02-28 SC621762core:Goodwill2024-02-29 SC6217622022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC621762 (Scotland)
NAFA Stores Ltd Unaudited accounts for the year ended 29 February 2024
NAFA Stores Ltd Unaudited accounts Contents
Page
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NAFA Stores Ltd Company Information for the year ended 29 February 2024
Directors
Mr Nawaz Aslam Ms Selma Aslam
Company Number
SC621762 (Scotland)
Registered Office
Hamilton Academical Football Club Ltd New Douglas Park Cadzow Avenue Hamilton Lanarkshire ML3 0FT Scotland
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NAFA Stores Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
22,998 
22,998 
Current assets
Inventories
2,500 
15,000 
Debtors
34,754 
28,870 
Cash at bank and in hand
8,664 
47,076 
45,918 
90,946 
Creditors: amounts falling due within one year
(14,236)
(73,037)
Net current assets
31,682 
17,909 
Total assets less current liabilities
54,680 
40,907 
Creditors: amounts falling due after more than one year
(36,698)
(40,491)
Net assets
17,982 
416 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,882 
316 
Shareholders' funds
17,982 
416 
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 directors acknowledge their 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 of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
Mr Nawaz Aslam Director Company Registration No. SC621762
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NAFA Stores Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
NAFA Stores Ltd is a private company, limited by shares, registered in Scotland, registration number SC621762. The registered office is Hamilton Academical Football Club Ltd, New Douglas Park, Cadzow Avenue, Hamilton, Lanarkshire, ML3 0FT, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
30,664 
At 29 February 2024
30,664 
Amortisation
At 1 March 2023
7,666 
At 29 February 2024
7,666 
Net book value
At 29 February 2024
22,998 
At 28 February 2023
22,998 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
2,000 
Other debtors
34,754 
26,870 
34,754 
28,870 
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NAFA Stores Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
63,240 
VAT
13,846 
329 
Trade creditors
- 
452 
Taxes and social security
390 
7,351 
Other creditors
- 
1,665 
14,236 
73,037 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
36,698 
40,491 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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