Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity12022-05-01falsetrue1 10143664 2022-05-01 2023-04-30 10143664 2021-05-01 2022-04-30 10143664 2023-04-30 10143664 2022-04-30 10143664 c:Director1 2022-05-01 2023-04-30 10143664 d:CurrentFinancialInstruments 2023-04-30 10143664 d:CurrentFinancialInstruments 2022-04-30 10143664 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10143664 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 10143664 d:ShareCapital 2023-04-30 10143664 d:ShareCapital 2022-04-30 10143664 d:RetainedEarningsAccumulatedLosses 2023-04-30 10143664 d:RetainedEarningsAccumulatedLosses 2022-04-30 10143664 c:FRS102 2022-05-01 2023-04-30 10143664 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 10143664 c:FullAccounts 2022-05-01 2023-04-30 10143664 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 10143664









AUTOMATION PROGRAMS SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
AUTOMATION PROGRAMS SOLUTIONS LIMITED
REGISTERED NUMBER: 10143664

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
107,532
28,431

Cash at bank and in hand
 5 
9,466
52,996

  
116,998
81,427

Creditors: amounts falling due within one year
 6 
(94,006)
(74,578)

Net assets
  
22,992
6,849


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
22,892
6,749

  
22,992
6,849


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 November 2023.




................................................
Simon Lucas
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
AUTOMATION PROGRAMS SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Automation Program Solutions Limited is a private company limited by share capital, incorporated in England and Wales, registration number 10143664. The address of the registered office is 30 Frampton Road, Potters Bar, England, EN6 1JE. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis as the director believes adequate resources exist to enable it to meet its working capital requirements for at least twelve months from approval of these financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 2

 
AUTOMATION PROGRAMS SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
AUTOMATION PROGRAMS SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
AUTOMATION PROGRAMS SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Debtors

2023
2022
£
£


Trade debtors
53,579
10,009

Other debtors
53,953
18,422

107,532
28,431



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,466
52,996

Less: bank overdrafts
(887)
-

8,579
52,996



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
887
-

Trade creditors
74,590
68,077

Corporation tax
3,812
1,152

Other taxation and social security
12,387
3,234

Accruals and deferred income
2,330
2,115

94,006
74,578


 
Page 5