AFADLINK INTERNATIONAL RESOURCES UK LIMITED

AFADLINK INTERNATIONAL RESOURCES UK LIMITED
Statement of Financial Position
As at 30 September 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	5	29,442	36,992
		29,442	36,992
Current assets
Debtors: amounts falling due within one year		15,596	7,058
Cash at bank and in hand		11,254	18,936
		26,850	25,994
Creditors: amount falling due within one year		(26,842)	(26,636)
Net current assets		8	(642)

Total assets less current liabilities		29,450	36,350
Creditors: amount falling due after more than one year		(21,427)	(28,001)
Net assets		8,023	8,349

Capital and reserves
Called up share capital	6	8,000	8,000
Profit and loss account		23	349
Shareholders' funds		8,023	8,349

For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 June 2025 and were signed on its behalf by:

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Adebisi Akinpelu ADEBAYO
Director

AFADLINK INTERNATIONAL RESOURCES UK LIMITED
Notes to the Abridged Financial Statements
For the year ended 30 September 2024

General Information

AFADLINK INTERNATIONAL RESOURCES UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06712960, registration address SUITE L2, RADCLIFFE HOUSE, 66-68 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8PF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Directors' Emoluments

	2024 £	2023 £
Administrative Expenses
Directors Salaries	26,600	26,000
	26,600	26,000

Staff Costs

	2024 £	2023 £
Wages and salaries	78,032	65,700
Social security costs	4,296	4,104
Other staff costs	772	467
	83,100	70,271

Average number of employees during the year	Number	Number
Administration	4	3
	4	3

4.	Average number of employees Average number of employees during the year was 4 (2023 : 4).

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 October 2023	87,104	87,104
Additions	-	-
Disposals	-	-
At 30 September 2024	87,104	87,104
Depreciation
At 01 October 2023	50,112	50,112
Charge for year	7,550	7,550
On disposals	-	-
At 30 September 2024	57,662	57,662
Net book values
Closing balance as at 30 September 2024	29,442	29,442
Opening balance as at 01 October 2023	36,992	36,992

Share Capital

Authorised
8,000 Class A shares of £1.00 each

Allotted, called up and fully paid	2024 £		2023 £
8,000 Class A shares of £1.00 each	8,000		8,000
	8,000		8,000

Registered Number: 06712960
England and Wales
AFADLINK INTERNATIONAL RESOURCES UK LIMITED

Abridged Accounts

Period of accounts Start date: 01 October 2023 End date: 30 September 2024