REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AFRITRADE (EUROPE) LIMITED |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AFRITRADE (EUROPE) LIMITED |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
|
|
|
AFRITRADE (EUROPE) LIMITED (REGISTERED NUMBER: 02941835) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 | to | 4 |
AFRITRADE (EUROPE) LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
AFRITRADE (EUROPE) LIMITED (REGISTERED NUMBER: 02941835) |
|
ABBREVIATED BALANCE SHEET |
30TH JUNE 2016 |
|
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 3 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
AFRITRADE (EUROPE) LIMITED (REGISTERED NUMBER: 02941835) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
1. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
The accounts have been prepared on a going concern in accordance with the Note to the accounts. |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with |
the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
|
Tangible fixed assets |
|
|
Short leasehold | - |
|
Plant and machinery | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer equipment | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange |
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating |
result. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over |
the period of the lease. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st July 2015 |
|
Additions |
|
At 30th June 2016 |
|
DEPRECIATION |
At 1st July 2015 |
|
Charge for year |
|
At 30th June 2016 |
|
NET BOOK VALUE |
At 30th June 2016 |
|
At 30th June 2015 |
|
AFRITRADE (EUROPE) LIMITED (REGISTERED NUMBER: 02941835) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30TH JUNE 2016 |
|
|
3. | CREDITORS |
|
Creditors include an amount of £
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
5. | GOING CONCERN |
|
The company is dependent upon the continued support of the directors and they have confirmed their |
support for a period of not less than twelve months. |