4
30 September 2023
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2022-01-01
Sage Accounts Production Advanced 2021 - FRS102_2021
xbrli:pure
xbrli:shares
iso4217:GBP
07235220
2022-01-01
2022-12-31
07235220
2022-12-31
07235220
2021-12-31
07235220
2021-01-01
2021-12-31
07235220
2021-12-31
07235220
core:MotorVehicles
2022-01-01
2022-12-31
07235220
bus:Director3
2022-01-01
2022-12-31
07235220
core:MotorVehicles
2021-12-31
07235220
core:MotorVehicles
2022-12-31
07235220
core:WithinOneYear
2022-12-31
07235220
core:WithinOneYear
2021-12-31
07235220
core:ShareCapital
2022-12-31
07235220
core:ShareCapital
2021-12-31
07235220
core:RetainedEarningsAccumulatedLosses
2022-12-31
07235220
core:RetainedEarningsAccumulatedLosses
2021-12-31
07235220
core:BetweenOneFiveYears
2022-12-31
07235220
core:BetweenOneFiveYears
2021-12-31
07235220
bus:SmallEntities
2022-01-01
2022-12-31
07235220
bus:Audited
2022-01-01
2022-12-31
07235220
bus:FullAccounts
2022-01-01
2022-12-31
07235220
bus:SmallCompaniesRegimeForAccounts
2022-01-01
2022-12-31
07235220
bus:PrivateLimitedCompanyLtd
2022-01-01
2022-12-31
07235220
core:FurnitureFittingsToolsEquipment
2022-01-01
2022-12-31
07235220
core:FurnitureFittingsToolsEquipment
2021-12-31
07235220
core:FurnitureFittingsToolsEquipment
2022-12-31
COMPANY REGISTRATION NUMBER:
07235220
Architectural & Planning Limited |
|
Filleted Financial Statements |
|
Architectural & Planning Limited |
|
Statement of Financial Position |
|
31 December 2022
Fixed assets
Tangible assets |
5 |
1,762 |
1,254 |
|
|
|
|
Current assets
Stocks |
32,395 |
24,665 |
Debtors |
6 |
117,202 |
118,179 |
Cash at bank and in hand |
27,929 |
24,255 |
|
--------- |
--------- |
|
177,526 |
167,099 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
202,133 |
188,044 |
|
--------- |
--------- |
Net current liabilities |
24,607 |
20,945 |
|
-------- |
-------- |
Total assets less current liabilities |
(
22,845) |
(
19,691) |
|
|
|
|
Provisions |
238 |
238 |
|
-------- |
-------- |
Net liabilities |
(
23,083) |
(
19,929) |
|
-------- |
-------- |
|
|
|
Capital and reserves
Called up share capital |
1,000 |
1,000 |
Profit and loss account |
(
24,083) |
(
20,929) |
|
-------- |
-------- |
Shareholder deficit |
(
23,083) |
(
19,929) |
|
-------- |
-------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
29 September 2023
, and are signed on behalf of the board by:
Company registration number:
07235220
Architectural & Planning Limited |
|
Notes to the Financial Statements |
|
Year ended 31 December 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Burlington House, 369 Wellingborough Road, Northampton, NN1 4EU.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis
Going concern
During the year the company has made a loss and has net liabilities at the statement of financial position date. Support is available by other group companies, who have indicated that they will support the company for the foreseeable future. The directors, having considered the above, continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The significant judgements, estimates and assumptions that affect the accounting records are as disclosed in the accounting policies.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Motor vehicles |
- |
25% straight line |
|
Equipment |
- |
30% straight line |
|
|
|
|
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2021:
4
).
5.
Tangible assets
|
Motor vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
Cost |
|
|
|
At 1 January 2022 |
14,162 |
3,676 |
17,838 |
Additions |
– |
1,179 |
1,179 |
|
-------- |
------- |
-------- |
At 31 December 2022 |
14,162 |
4,855 |
19,017 |
|
-------- |
------- |
-------- |
Depreciation |
|
|
|
At 1 January 2022 |
14,162 |
2,422 |
16,584 |
Charge for the year |
– |
671 |
671 |
|
-------- |
------- |
-------- |
At 31 December 2022 |
14,162 |
3,093 |
17,255 |
|
-------- |
------- |
-------- |
Carrying amount |
|
|
|
At 31 December 2022 |
– |
1,762 |
1,762 |
|
-------- |
------- |
-------- |
At 31 December 2021 |
– |
1,254 |
1,254 |
|
-------- |
------- |
-------- |
|
|
|
|
6.
Debtors
|
2022 |
2021 |
|
£ |
£ |
Trade debtors |
25,874 |
30,858 |
Amounts owed by group undertakings |
85,753 |
82,465 |
Other debtors |
5,575 |
4,856 |
|
--------- |
--------- |
|
117,202 |
118,179 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2022 |
2021 |
|
£ |
£ |
Trade creditors |
2,289 |
1,332 |
Amounts owed to group undertakings |
188,836 |
174,027 |
Social security and other taxes |
11,008 |
10,066 |
Other creditors |
– |
2,619 |
|
--------- |
--------- |
|
202,133 |
188,044 |
|
--------- |
--------- |
|
|
|
8.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
2022 |
2021 |
|
£ |
£ |
Not later than 1 year |
5,200 |
5,200 |
Later than 1 year and not later than 5 years |
4,986 |
10,186 |
|
-------- |
-------- |
|
10,186 |
15,386 |
|
-------- |
-------- |
|
|
|
9.
Summary audit opinion
The auditor's report for the year dated
30 September 2023
was
unqualified
.
The senior statutory auditor was
Jonathan Day
, for and on behalf of
Streets Audit LLP
.
10.
Related party transactions
All transactions with other group companies are considered to be at market value.
11.
Controlling party
Rochmills (Holdings) Limited prepares group consolidated financial statements. The address of the registered office is Burlington House, 369 Wellingborough Road, Northampton, England, NN1 4EU. The ultimate controlling party is J S Sehmi.