A F Holdings (Rossendale) Limited 31/07/2025 iXBRL

Company registration number: 11379718

A F Holdings (Rossendale) Limited

Unaudited filleted financial statements

31 July 2025

A F Holdings (Rossendale) Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

A F Holdings (Rossendale) Limited

Directors and other information


	Director	Mrs Nipa Begum


	Company number	11379718


	Registered office	372 Burnley Road
		Rossendale
		BB4 8LW


	Business address	372 Burnley Road
		Rossendale
		BB4 8LW


	Accountant	Practical Business Solutions (NW) Limited
		749A Ormskirk Road
		Pemberton
		Wigan
		Lancashire
		WA5 8AT

A F Holdings (Rossendale) Limited

Chartered accountant's report to the director on the preparation of the

unaudited statutory financial statements of A F Holdings (Rossendale) Limited

Year ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of A F Holdings (Rossendale) Limited for the year ended 31 July 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of A F Holdings (Rossendale) Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of A F Holdings (Rossendale) Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than A F Holdings (Rossendale) Limited and its director as a body for my work or for this report.

It is your duty to ensure that A F Holdings (Rossendale) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A F Holdings (Rossendale) Limited. You consider that A F Holdings (Rossendale) Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of A F Holdings (Rossendale) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Practical Business Solutions (NW) Limited

Chartered Global Management Accountant

749A Ormskirk Road

Pemberton

Wigan

Lancashire

WA5 8AT

28 April 2026

A F Holdings (Rossendale) Limited

Statement of financial position

31 July 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	850,510		485,036
Investments	5	50,050		50,050
		_______		_______
			900,560		535,086

Current assets
Debtors	6	25,000		28,434
Cash at bank and in hand		7,539		189,220
		_______		_______
		32,539		217,654
Creditors: amounts falling due
within one year	7	( 387,395)		( 663,013)
		_______		_______
Net current liabilities			( 354,856)		( 445,359)
			_______		_______
Total assets less current liabilities			545,704		89,727


Provisions for liabilities			( 18,620)		( 21,983)

			_______		_______
Net assets			527,084		67,744
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			526,984		67,644
			_______		_______
Shareholders funds			527,084		67,744
			_______		_______

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 April 2026 , and are signed on behalf of the board by:

Mrs Nipa Begum

Director

Company registration number: 11379718

A F Holdings (Rossendale) Limited

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 372 Burnley Road, Rossendale, BB4 8LW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2 %	straight line
Fittings fixtures and equipment	-	10% %	straight line
Motor vehicles	-	10% %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 August 2024	405,043	175,000	1,000	581,043
Additions	398,747	-	-	398,747
Disposals	( 4,416)	-	-	( 4,416)
	_______	_______	_______	_______
At 31 July 2025	799,374	175,000	1,000	975,374
	_______	_______	_______	_______
Depreciation
At 1 August 2024	35,706	59,500	800	96,006
Charge for the year	11,158	17,500	200	28,858
	_______	_______	_______	_______
At 31 July 2025	46,864	77,000	1,000	124,864
	_______	_______	_______	_______
Carrying amount
At 31 July 2025	752,510	98,000	-	850,510
	_______	_______	_______	_______
At 31 July 2024	369,337	115,500	200	485,037
	_______	_______	_______	_______

5. Investments

	Shares in group undertakings and participating interests	Other investments other than loans	Total
	£	£	£
Cost
At 1 August 2024 and 31 July 2025	50	50,000	50,050
	_______	_______	_______
Impairment
At 1 August 2024 and 31 July 2025	-	-	-
	_______	_______	_______
Carrying amount
At 31 July 2025	50	50,000	50,050
	_______	_______	_______
At 31 July 2024	50	50,000	50,050
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	25,000	28,434
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	240	5,012
Amounts owed to group undertakings and undertakings in which the company has a participating interest	50	459,143
Social security and other taxes	3,480	-
Other creditors	383,625	198,858
	_______	_______
	387,395	663,013
	_______	_______

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Concept Bars & Restaurants Limited	23,919	8,693	-	454,092
	_______	_______	_______	_______

During the year, the Company had an outstanding balance with Concept Bars & Restaurants Limited, a related party under common control. The loan was unsecured, non interest bearing and repayable on demand. On 31 July 2025, the lender waived the outstanding loan balance of £435,174.50. As a result, the Company recognised other operating income of £435,174.50 in respect of the release of the liability. At the year end, the balance outstanding with Concept Bars & Restaurants Limited £NIL.