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REGISTERED NUMBER: 07688991 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

AFRICAN SPOT KENT LIMITED

AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AFRICAN SPOT KENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr M J Williams
Mr C C Stembridge





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: 07688991 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,875 2,228
1,875 2,228

CURRENT ASSETS
Stocks 7,640 7,051
Debtors 6 1,296 1,544
Cash at bank 1,289 499
10,225 9,094
CREDITORS
Amounts falling due within one year 7 10,627 6,583
NET CURRENT (LIABILITIES)/ASSETS (402 ) 2,511
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,473

4,739

CREDITORS
Amounts falling due after more than one
year

8

666

2,666
NET ASSETS 807 2,073

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 805 2,071
SHAREHOLDERS' FUNDS 807 2,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:




Mr M J Williams - Director



Mr C C Stembridge - Director


AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

African Spot Kent 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.

The accounts have been prepared on a going concern basis. The directors believe this to be appropriate based on their ongoing financial support of the company.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of one years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 2,000
AMORTISATION
At 1 March 2024
and 28 February 2025 2,000
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2024 5,539
Additions 1,249
At 28 February 2025 6,788
DEPRECIATION
At 1 March 2024 3,311
Charge for year 1,602
At 28 February 2025 4,913
NET BOOK VALUE
At 28 February 2025 1,875
At 29 February 2024 2,228

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Social Security and other taxes 713 961
Prepayments 583 583
1,296 1,544

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 1,657 2,199
Amounts owed to connected company 5,470 884
Accrued expenses 1,500 1,500
10,627 6,583

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans - 1-2 years 666 2,000
Bank loans - 2-5 years - 666
666 2,666

9. RESERVES
Retained
earnings
£   

At 1 March 2024 2,071
Deficit for the year (1,266 )
At 28 February 2025 805

AFRICAN SPOT KENT LIMITED (REGISTERED NUMBER: 07688991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

10. ULTIMATE CONTROLLING PARTY

M J Williams and C C Stembridge are the ultimate controlling party by virtue of their 100% shareholding.