1 April 2023 false No description of principal activity Taxfiler 2024.6 09605230business:PrivateLimitedCompanyLtd2023-04-012024-03-31 096052302023-03-31 096052302023-04-012024-03-31 09605230business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 09605230business:FilletedAccounts2023-04-012024-03-31 096052302024-03-31 09605230business:Director42023-04-012024-03-31 09605230business:Director52023-04-012024-03-31 09605230business:RegisteredOffice2023-04-012024-03-31 096052302023-03-31 09605230core:WithinOneYear2024-03-31 09605230core:WithinOneYear2023-03-31 09605230core:AfterOneYear2024-03-31 09605230core:AfterOneYear2023-03-31 09605230core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09605230core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09605230core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09605230core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09605230core:PreviouslyStatedAmount2024-03-31 09605230core:PreviouslyStatedAmount2023-03-31 09605230business:SmallEntities2023-04-012024-03-31 09605230countries:EnglandWales2023-04-012024-03-31 09605230core:LandBuildings2023-04-012024-03-31 09605230core:FurnitureFittings2023-04-012024-03-31 09605230core:LandBuildings2023-03-31 09605230core:FurnitureFittings2023-03-31 09605230core:LandBuildings2024-03-31 09605230core:FurnitureFittings2024-03-31 09605230core:AdditionsToInvestments2024-03-31 09605230business:OrdinaryShareClass12023-04-012024-03-31 09605230business:OrdinaryShareClass12022-04-012023-03-31 096052302022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
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
Page
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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
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AFFETTO FOODS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
104,303 
81,646 
Investments
156 
- 
104,459 
81,646 
Current assets
Inventories
15,000 
13,260 
Debtors
60,612 
31,831 
Cash at bank and in hand
77,073 
149,643 
152,685 
194,734 
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 
Capital and reserves
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
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AFFETTO FOODS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
At 31 March 2024
52,890 
51,413 
104,303 
At 31 March 2023
60,569 
21,077 
81,646 
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AFFETTO FOODS LTD Notes to the Accounts for the year ended 31 March 2024
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
- 
Additions
156 
Valuation at 31 March 2024
156 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,991 
- 
Accrued income and prepayments
6,083 
6,037 
Other debtors
7,538 
25,794 
28,612 
31,831 
Amounts falling due after more than one year
Other debtors
32,000 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,006 
14,730 
VAT
5,257 
- 
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 
Accruals
1,000 
1,700 
110,654 
83,078 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,997 
25,002 
9
Share capital
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).
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