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Company Registration No. 10192282 (England and Wales)
AFARAY FINANCIALS LIMITED Unaudited accounts for the year ended 31 May 2025
AFARAY FINANCIALS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AFARAY FINANCIALS LIMITED Company Information for the year ended 31 May 2025
Director
Sheikh Basit JAVED
Company Number
10192282 (England and Wales)
Registered Office
91 SUNDERTON ROAD KINGS HEATH BIRMINGHAM B14 6JJ ENGLAND
Accountants
Fast Tax Services Ltd 65 St Helier Avenue Morden SM4 6HY
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AFARAY FINANCIALS LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
1,920
4,320
Cash at bank and in hand
98,650
94,310
100,570
98,630
Creditors: amounts falling due within one year
5
(4,992)
(10,705)
Net current assets
95,578
87,925
Net assets
95,578
87,925
Capital and reserves
Called up share capital
100
100
Profit and loss account
95,478
87,825
Shareholders' funds
95,578
87,925
For the year ending 31 May 2025 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 director acknowledges his 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 and authorised for issue on 5 February 0206 and were signed on its behalf by
Sheikh Basit JAVED Director Company Registration No. 10192282
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AFARAY FINANCIALS LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
AFARAY FINANCIALS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10192282. The registered office is 91 SUNDERTON ROAD, KINGS HEATH, BIRMINGHAM, B14 6JJ, 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.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,920
4,320
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
3,239
4,492
Taxes and social security
158
23
Loans from directors
1,595
6,190
4,992
10,705
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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