Afro Wholesale Company (Perry Barr) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08665336 (England and Wales)

Financial Statements for the Year Ended 31st October 2025

for

Afro Wholesale Company (Perry Barr) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

MRS S PERVEEN

SECRETARY:

REGISTERED OFFICE:

6 Wensley Dale Road

Birmingham

West Midlands

B42 1PP

REGISTERED NUMBER:

08665336 (England and Wales)

ACCOUNTANT:

A K & Co Accountants

732 Walsall Road

Great Barr

Birmingham

West Midlands

B42 1EX

BANKERS:

Lloyds TSB Bank Plc

Great Hampton Street

Business Partner

PO Box 9363

Birmingham

B3 3ST

FIXED ASSETS

Property, plant and equipment

4

103

CURRENT ASSETS

Inventories

5

7,881

5,448

Debtors

6

8,744

23,532

Cash at bank and in hand

542

230

17,167

29,210

CREDITORS

Amounts falling due within one year

7

3,820

4,513

NET CURRENT ASSETS

13,347

24,697

TOTAL ASSETS LESS CURRENT LIABILITIES

13,450

24,800

CREDITORS

Amounts falling due after more than one
year

8

-

12,224

NET ASSETS

13,450

12,576

CAPITAL AND RESERVES

Called up share capital

10

200

Retained earnings

11

13,250

12,376

SHAREHOLDERS' FUNDS

13,450

12,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28th November 2025 and were signed by:

MRS S PERVEEN - Director

1.	STATUTORY INFORMATION

Afro Wholesale Company (Perry Barr) Ltd is a private company, limited by shares , registered in England and Wales. 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

Revenue 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.

Fixtures and fittings 15% pa on reducing balance

Motor vehicle 25% pa on reducing balance

Computers 15% pa on reducing balance

Stocks

Inventories 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1st November 2024

and 31st October 2025

6,749

3,750

1,244

11,743

DEPRECIATION

At 1st November 2024

and 31st October 2025

6,648

3,749

1,243

11,640

NET BOOK VALUE

At 31st October 2025

101

1

103

At 31st October 2024

101

1

103

5.	INVENTORIES

31.10.25

31.10.24

£

Stocks

7,881

5,448

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

8,744

23,532

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

2,077

3,118

Tax

205

-

Social security and other taxes

288

145

Accrued expenses

1,250

3,820

4,513

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

Other loans (see note 9)

-

12,224

9.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

Amounts falling due between one and two years:

Other loans - 1-2 years

-

12,224

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

200

Ordinary Share Capital

£1

200

200 Ordinary Share Capital shares of £1 each were allotted and fully paid for cash at par during the year.

11.

RESERVES

Retained

earnings

£

At 1st November 2024

12,376

Profit for the year

874

At 31st October 2025

13,250