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REGISTERED NUMBER: 11778211 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Alfu Limited

Alfu Limited (Registered number: 11778211)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alfu Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M Unal





REGISTERED OFFICE: 707a Fishponds Road
Fishponds
Bristol
BS16 3UH





REGISTERED NUMBER: 11778211 (England and Wales)





ACCOUNTANTS: Musalar & Co Accountants
International Accountant &Tax Consultant
FAIA, FFA, FIPA,,FFTA
536 Lordship Lane
London
N22 5BY

Alfu Limited (Registered number: 11778211)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,107,156 252,181

CURRENT ASSETS
Stocks 5 300,275 225,500
Debtors 6 23,115 673,277
Cash at bank and in hand 17,083 12,613
340,473 911,390
CREDITORS
Amounts falling due within one year 7 396,892 83,573
NET CURRENT (LIABILITIES)/ASSETS (56,419 ) 827,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,050,737

1,079,998

CREDITORS
Amounts falling due after more than one
year

8

575,402

666,163
NET ASSETS 475,335 413,835

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 474,335 412,835
SHAREHOLDERS' FUNDS 475,335 413,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Alfu Limited (Registered number: 11778211)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:





M Unal - Director


Alfu Limited (Registered number: 11778211)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Alfu Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Alfu Limited (Registered number: 11778211)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 24 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and Motor
property leasehold machinery vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 - 14,866 414,994 11,995 441,855
Additions 750,000 - 149,271 - 899,271
At 31 December 2024 750,000 14,866 564,265 11,995 1,341,126
DEPRECIATION
At 1 January 2024 - 1,019 180,659 7,996 189,674
Charge for year - 297 42,000 1,999 44,296
At 31 December 2024 - 1,316 222,659 9,995 233,970
NET BOOK VALUE
At 31 December 2024 750,000 13,550 341,606 2,000 1,107,156
At 31 December 2023 - 13,847 234,335 3,999 252,181

5. STOCKS
31.12.24 31.12.23
£    £   
Stocks 300,275 225,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 6,639
Vendors accounts - 628,302
VAT 23,115 38,336
23,115 673,277

Alfu Limited (Registered number: 11778211)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts (see note 9) 601 -
Trade creditors 368,544 40,850
Paye 5,530 -
Tax 22,217 42,723
396,892 83,573

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans (see note 9) 575,402 666,163

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 575,402 666,163

9. LOANS

An analysis of the maturity of loans is given below:

31.12.24 31.12.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 601 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 575,402 666,163

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1,000 Ordinary shares class a 1.00 1,000 1,000

Alfu Limited (Registered number: 11778211)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

11. RESERVES
Retained
earnings
£   

At 1 January 2024 412,835
Profit for the year 61,500
At 31 December 2024 474,335