Abbreviated Company Accounts - AFGD LTD

08374404 AFGD LTD 2016-01-31 false 2015-02-01 2016-01-31 true 08374404 2015-02-01 2016-01-31 08374404 2016-01-31 08374404 2015-01-31 08374404 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 08374404 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 08374404

AFGD LTD

Abbreviated Accounts

31 January 2016

AFGD LTD Registered Number 08374404

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,300	7,500
		6,300	7,500
Current assets
Stocks		8,000	10,000
Debtors		15,025	1,969
Cash at bank and in hand		-	1,506
		23,025	13,475
Creditors: amounts falling due within one year		(8,809)	(19,646)
Net current assets (liabilities)		14,216	(6,171)
Total assets less current liabilities		20,516	1,329
Total net assets (liabilities)		20,516	1,329
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		20,514	1,327
Shareholders' funds		20,516	1,329

For the year ending 31 January 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 October 2016

And signed on their behalf by:
G Drury, Director

AFGD LTD Registered Number 08374404

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sale of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant & Machinery - 10% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	8,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	8,000
Depreciation
At 1 February 2015	500
Charge for the year	1,200
On disposals	-
At 31 January 2016	1,700
Net book values
At 31 January 2016	6,300
At 31 January 2015	7,500

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2