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 2015

AFC TRADING LIMITED Registered Number 01346950

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 301,862 304,516
301,862 304,516
Current assets
Stocks - 187,464
Debtors 57,813 182,075
Cash at bank and in hand 153,599 1,072
211,412 370,611
Creditors: amounts falling due within one year (253,282) (79,378)
Net current assets (liabilities) (41,870) 291,233
Total assets less current liabilities 259,992 595,749
Total net assets (liabilities) 259,992 595,749
Capital and reserves
Called up share capital 30,000 30,000
Revaluation reserve 114,422 114,422
Profit and loss account 115,570 451,327
Shareholders' funds 259,992 595,749
  • For the year ending 31 December 2015 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 30 September 2016

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 2015

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 2015 419,969
Additions 1,600
Disposals -
Revaluations -
Transfers -
At 31 December 2015 421,569
Depreciation
At 1 January 2015 115,453
Charge for the year 4,254
On disposals -
At 31 December 2015 119,707
Net book values
At 31 December 2015 301,862
At 31 December 2014 304,516