Company Registration No. 11535551 (England and Wales)
AFG Electrical Limited
Unaudited accounts
for the period from 24 August 2018 to 31 August 2019
AFG Electrical Limited
Unaudited accounts
Contents
AFG Electrical Limited
Company Information
for the period from 24 August 2018 to 31 August 2019
Company Number
11535551 (England and Wales)
Registered Office
11 ST. MARYS CLOSE
FARCET
PETERBOROUGH
CAMBRIDGESHIRE
PE7 3AP
UNITED KINGDOM
Accountants
Prospect Accountancy Limited
Pinnacle House
Newark Road
Peterborough
Cambs
PE1 5YD
AFG Electrical Limited
Statement of financial position
as at
31 August 2019
Cash at bank and in hand
63,643
Creditors: amounts falling due within one year
(18,815)
Net current assets
48,328
Called up share capital
100
Profit and loss account
59,440
Shareholders' funds
59,540
For the period ending 31 August 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 24 October 2019.
Franco Genovese
Director
Company Registration No. 11535551
AFG Electrical Limited
Notes to the Accounts
for the period from 24 August 2018 to 31 August 2019
AFG Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 11535551. The registered office is 11 ST. MARYS CLOSE, FARCET, PETERBOROUGH, CAMBRIDGESHIRE, PE7 3AP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
14,416
500
14,916
At 31 August 2019
14,416
500
14,916
Charge for the period
3,604
100
3,704
At 31 August 2019
3,604
100
3,704
At 31 August 2019
10,812
400
11,212
AFG Electrical Limited
Notes to the Accounts
for the period from 24 August 2018 to 31 August 2019
6
Creditors: amounts falling due within one year
2019
Taxes and social security
17,567
7
Average number of employees
During the period the average number of employees was 0.