Company Registration No. 09605230 (England and Wales)
AFFETTO FOODS LTD
Unaudited accounts
for the year ended 31 March 2024
AFFETTO FOODS LTD
Unaudited accounts
Contents
AFFETTO FOODS LTD
Company Information
for the year ended 31 March 2024
Directors
Fabrizio Velardi
D'Avanzo Andrea Stephen
Company Number
09605230 (England and Wales)
Registered Office
688-690 WILMSLOW ROAD
MANCHESTER
M20 2DN
ENGLAND
AFFETTO FOODS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
104,303
81,646
Cash at bank and in hand
77,073
149,643
Creditors: amounts falling due within one year
(110,654)
(83,078)
Net current assets
42,031
111,656
Total assets less current liabilities
146,490
193,302
Creditors: amounts falling due after more than one year
(14,997)
(25,002)
Provisions for liabilities
Deferred tax
(3,330)
(4,005)
Net assets
128,163
164,295
Called up share capital
666
666
Profit and loss account
127,497
163,629
Shareholders' funds
128,163
164,295
For the year ending 31 March 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 14 March 2025 and were signed on its behalf by
D'Avanzo Andrea Stephen
Director
Company Registration No. 09605230
AFFETTO FOODS LTD
Notes to the Accounts
for the year ended 31 March 2024
AFFETTO FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 09605230. The registered office is 688-690 WILMSLOW ROAD, MANCHESTER, M20 2DN, ENGLAND.
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.
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:
Land & buildings
15% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
133,046
54,099
187,145
Additions
1,500
39,780
41,280
At 31 March 2024
134,546
93,879
228,425
At 1 April 2023
72,477
33,022
105,499
Charge for the year
9,179
9,444
18,623
At 31 March 2024
81,656
42,466
124,122
At 31 March 2024
52,890
51,413
104,303
At 31 March 2023
60,569
21,077
81,646
AFFETTO FOODS LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
-
Valuation at 31 March 2024
156
Amounts falling due within one year
Accrued income and prepayments
6,083
6,037
Other debtors
7,538
25,794
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,006
14,730
Trade creditors
18,031
10,099
Taxes and social security
-
16,112
Other creditors
25,002
13,841
Loans from directors
51,358
26,596
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
666 Ordinary shares of £1 each
666
666
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).