Company Registration No. 10022423 (England and Wales)
Afro Mart International Limited
Unaudited accounts
for the year ended 28 February 2026
Afro Mart International Limited
Unaudited accounts
Contents
Afro Mart International Limited
Company Information
for the year ended 28 February 2026
Directors
ODEJINMI Babatunde Olugbenga
ODEJINMI Joanne Iheoma
Company Number
10022423 (England and Wales)
Afro Mart International Limited
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
20,012
18,255
Creditors: amounts falling due within one year
(4,564)
(4,477)
Net current assets
22,659
25,120
Called up share capital
100
100
Profit and loss account
22,559
25,020
Shareholders' funds
22,659
25,120
For the year ending 28 February 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 30 May 2026 and were signed on its behalf by
ODEJINMI Babatunde Olugbenga
Director
Company Registration No. 10022423
Afro Mart International Limited
Notes to the Accounts
for the year ended 28 February 2026
Afro Mart International Limited is a private company, limited by shares, registered in England and Wales, registration number 10022423.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2025
3,750
870
4,620
At 28 February 2026
3,750
870
4,620
At 1 March 2025
3,750
870
4,620
At 28 February 2026
3,750
870
4,620
Amounts falling due within one year
Trade debtors
7,211
11,342
Afro Mart International Limited
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
3,001
3,727
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).