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REGISTERED NUMBER: 07146362 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

APOSS LTD

APOSS LTD (REGISTERED NUMBER: 07146362)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


APOSS LTD

COMPANY INFORMATION
for the Year Ended 31 March 2022







DIRECTOR: M Andrews





REGISTERED OFFICE: Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB





REGISTERED NUMBER: 07146362 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

APOSS LTD (REGISTERED NUMBER: 07146362)

STATEMENT OF FINANCIAL POSITION
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,973 2,913

CURRENT ASSETS
Debtors 5 14,439 7,413
Cash at bank 90,774 68,805
105,213 76,218
CREDITORS
Amounts falling due within one year 6 60,538 52,624
NET CURRENT ASSETS 44,675 23,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,648

26,507

PROVISIONS FOR LIABILITIES 7 493 75
NET ASSETS 46,155 26,432

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46,055 26,332
SHAREHOLDERS' FUNDS 46,155 26,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

APOSS LTD (REGISTERED NUMBER: 07146362)

STATEMENT OF FINANCIAL POSITION - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2022 and were signed by:





M Andrews - Director


APOSS LTD (REGISTERED NUMBER: 07146362)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Aposs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Tangible fixed assets are stated at cost less depreciation and impairment.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 25% on cost
Computer equipment - 33% on cost
Fixtures and fittings- 25% on cost

Impairment of assets
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Government grants
The company has claimed monies from local Government as part of the Government furlough scheme. This is recognised immediately the benefit becomes due.

Financial instruments
Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.


APOSS LTD (REGISTERED NUMBER: 07146362)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued
Taxation
Taxation 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 directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 12,677 139 8,553 21,369
Additions - - 787 787
At 31 March 2022 12,677 139 9,340 22,156
DEPRECIATION
At 1 April 2021 10,521 139 7,796 18,456
Charge for year 865 - 862 1,727
At 31 March 2022 11,386 139 8,658 20,183
NET BOOK VALUE
At 31 March 2022 1,291 - 682 1,973
At 31 March 2021 2,156 - 757 2,913

APOSS LTD (REGISTERED NUMBER: 07146362)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 14,302 7,255
Other debtors 137 158
14,439 7,413

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 14 1,747
Corporation tax 8,486 11,703
Social security and other taxes 4,262 5,326
Directors' loan accounts 45,846 30,992
Accrued expenses 1,930 2,856
60,538 52,624

7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 493 75

Deferred
tax
£   
Balance at 1 April 2021 75
Provided during year 418
Balance at 31 March 2022 493

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £15,000 (2021 - £22,000) were paid to the director .