Abbreviated Company Accounts - AFC TRADING LIMITED

Abbreviated Company Accounts - AFC TRADING LIMITED

AFC TRADING LIMITED - Company Information

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Registered Number 01346950

AFC TRADING LIMITED

Abbreviated Accounts

31 December 2014

AFC TRADING LIMITED Registered Number 01346950

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 304,516 308,199
304,516 308,199
Current assets
Stocks 187,464 187,464
Debtors 182,075 175,898
Cash at bank and in hand 1,072 -
370,611 363,362
Creditors: amounts falling due within one year (79,378) (72,434)
Net current assets (liabilities) 291,233 290,928
Total assets less current liabilities 595,749 599,127
Total net assets (liabilities) 595,749 599,127
Capital and reserves
Called up share capital 30,000 30,000
Revaluation reserve 114,422 114,422
Profit and loss account 451,327 454,705
Shareholders' funds 595,749 599,127
  • For the year ending 31 December 2014 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 25 September 2015

And signed on their behalf by:
JAMES DUNCAN, Director

AFC TRADING LIMITED Registered Number 01346950

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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.

2Tangible fixed assets
£
Cost
At 1 January 2014 419,969
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 419,969
Depreciation
At 1 January 2014 111,770
Charge for the year 3,683
On disposals -
At 31 December 2014 115,453
Net book values
At 31 December 2014 304,516
At 31 December 2013 308,199