REGISTERED NUMBER: 02981271

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

The Afrika Trading Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Williams

SECRETARY:

Mrs D Williams

REGISTERED OFFICE:

Unit 74

Mackley Industrial Estate

Henfield Road

Small Dole

W Sussex

BN5 9XR

REGISTERED NUMBER:

02981271

ACCOUNTANTS:

Michael Finn & Co

Myrtle House

High Street

HENFIELD

West Sussex

BN5 9DA

FIXED ASSETS

Tangible assets

4

9,637

9,347

CURRENT ASSETS

Stocks

108,039

63,110

Debtors

5

30,363

52,881

Cash at bank

108,956

144,491

247,358

260,482

CREDITORS

Amounts falling due within one year

6

79,256

75,948

NET CURRENT ASSETS

168,102

184,534

TOTAL ASSETS LESS CURRENT LIABILITIES

177,739

193,881

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

177,439

193,581

SHAREHOLDERS' FUNDS

177,739

193,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

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 8 January 2026 and were signed by:

G Williams - Director

1.	STATUTORY INFORMATION

The Afrika Trading Co. Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery

-

20% on reducing balance

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2024

46,687

Additions

2,699

At 30 June 2025

49,386

DEPRECIATION

At 1 July 2024

37,340

Charge for year

2,409

At 30 June 2025

39,749

NET BOOK VALUE

At 30 June 2025

9,637

At 30 June 2024

9,347

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

23,068

37,692

Prepayments & Other Debtors

7,295

15,189

30,363

52,881

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other loans

60,000

60,000

Trade creditors

9,602

1,459

Tax

-

451

Other Taxes

5,914

7,604

Directors' current accounts

2,717

3,143

Accrued expenses

1,023

3,291

79,256

75,948