AARDVARK FX LTD

AARDVARK FX LTD

AARDVARK FX LTD - Company Information

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AARDVARK FX LTD

Company Registration Number:
08966063 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

AARDVARK FX LTD

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

AARDVARK FX LTD

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 290,443 288,962
Total fixed assets: 290,443 288,962
Current assets
Debtors:   37,911 7,026
Cash at bank and in hand: 214,151 131,406
Total current assets: 252,062 138,432
Creditors: amounts falling due within one year:   (107,345) (79,003)
Net current assets (liabilities): 144,717 59,429
Total assets less current liabilities: 435,160 348,391
Creditors: amounts falling due after more than one year:   (54,864) (63,233)
Total net assets (liabilities): 380,296 285,158
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 380,196 285,058
Shareholders funds: 380,296 285,158

The notes form part of these financial statements

AARDVARK FX LTD

Balance sheet statements

For the year ending 31 March 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2022
and signed on behalf of the board by:

Name: M Lewis
Status: Director

The notes form part of these financial statements

AARDVARK FX LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following rates in order to write off each asset over its expected useful life.Plant & machinery 15% on written down valueFixtures & fittings 15% on written down valueMotor Vehicles 25% on written down value

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Statement of income and retained earnings, except to the extent that it relates to items recognised in other comprehensive income or directli in equityCurrent tax is recognised at the amount of tax payable using tax rates and laws that have been enacted or substantially enacted by the balance sheet date,

AARDVARK FX LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 5 4

AARDVARK FX LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 439,037
Additions 51,965
At 31 March 2022 491,002
Depreciation
At 01 April 2021 150,075
Charge for year 50,484
At 31 March 2022 200,559
Net book value
At 31 March 2022 290,443
At 31 March 2021 288,962