Aftonbay Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: SC275998 (Scotland)

Unaudited Financial Statements

for the Year Ended 28 February 2022

for

Aftonbay Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

F Aliyar

M Aliyar

REGISTERED OFFICE:

Unit 3 , Morris Park

Glasgow

G5 0YD

REGISTERED NUMBER:

SC275998 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , Morris Park

Glasgow

G5 0YD

FIXED ASSETS

Tangible assets

4

1,258

1,479

CURRENT ASSETS

Stocks

5

1,880

1,436

Debtors

6

8,749

-

Cash at bank and in hand

2,349

16,011

12,978

17,447

CREDITORS

Amounts falling due within one year

7

12,720

8,242

NET CURRENT ASSETS

258

9,205

TOTAL ASSETS LESS CURRENT LIABILITIES

1,516

10,684

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

1,515

10,683

SHAREHOLDERS' FUNDS

1,516

10,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 September 2022 and were signed on its behalf by:

F Aliyar - Director

1.	STATUTORY INFORMATION

Aftonbay Limited is a private company, limited by shares , registered in Scotland. 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

Turnover 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 March 2021

and 28 February 2022

8,673

4,759

13,432

DEPRECIATION

At 1 March 2021

8,122

3,831

11,953

Charge for year

82

139

221

At 28 February 2022

8,204

3,970

12,174

NET BOOK VALUE

At 28 February 2022

469

789

1,258

At 28 February 2021

551

928

1,479

5.

STOCKS

28.2.22

28.2.21

£

£

Stocks

1,880

1,436

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Directors' current accounts

8,749

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Tax

9,119

6,765

VAT

2,131

6

Accrued expenses

1,470

1,471

12,720

8,242

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.22

28.2.21

value:

£

£

1

Ordinary Share Capital

£1

1

1