Afmac Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09800917

AFMAC LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

AFMAC LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		269		317

CURRENT ASSETS

Debtors	6	5,397	15,413
Cash at bank and in hand		48,807	29,960
		--------	--------
		54,204	45,373

CREDITORS: amounts falling due within one year	7	20,398		22,016
		--------		--------
NET CURRENT ASSETS			33,806		23,357
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			34,075		23,674
			--------		--------
NET ASSETS			34,075		23,674
			--------		--------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	33,975	23,574
	--------	--------
SHAREHOLDERS FUNDS	34,075	23,674
	--------	--------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AFMAC LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 23 July 2026 , and are signed on behalf of the board by:

Mrs A F Macmillan
Director

Company registration number: 09800917

AFMAC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, NN15 6WJ.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost.

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:

Fixtures & Fittings	-	15% Reducing Balance / 33.33% Straight Line
Equipment	-	33% straight line

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TANGIBLE ASSETS

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	1,305	883	2,188
	-------	----	-------
Depreciation
At 1 January 2025	988	883	1,871
Charge for the year	48	–	48
	-------	----	-------
At 31 December 2025	1,036	883	1,919
	-------	----	-------
Carrying amount
At 31 December 2025	269	–	269
	-------	----	-------
At 31 December 2024	317	–	317
	-------	----	-------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	197	15,413
Other debtors	5,200	–
	-------	--------
	5,397	15,413
	-------	--------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	13,107	12,302
Social security and other taxes	5,205	4,741
Other creditors	2,086	4,973
	--------	--------
	20,398	22,016
	--------	--------

8. RELATED PARTY TRANSACTIONS

The company undertook the following transactions with related parties: The director has advanced monies to the company. As at 31 December 2025 the amount owed by the company was £871 (2024 - £3,804).