Company Registration No. 11659982 (England and Wales)
AP CAR SOLUTIONS LTD
Unaudited accounts
for the year ended 31 March 2023
AP CAR SOLUTIONS LTD
Unaudited accounts
Contents
AP CAR SOLUTIONS LTD
Company Information
for the year ended 31 March 2023
Director
Mohammed Attiff Yakoob
Company Number
11659982 (England and Wales)
Registered Office
24 AIRLIE PLACE
LEEDS
LS8 4JN
UNITED KINGDOM
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
AP CAR SOLUTIONS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
94,135
47,168
Cash at bank and in hand
16,415
16,809
Creditors: amounts falling due within one year
(4,529)
(17,380)
Net current assets/(liabilities)
11,886
(571)
Total assets less current liabilities
106,021
46,597
Creditors: amounts falling due after more than one year
(47,655)
(48,997)
Net assets/(liabilities)
58,366
(2,400)
Called up share capital
1
1
Profit and loss account
58,365
(2,401)
Shareholders' funds
58,366
(2,400)
For the year ending 31 March 2023 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.
The financial statements were approved by the Board and authorised for issue on 21 February 2024 and were signed on its behalf by
Mohammed Attiff Yakoob
Director
Company Registration No. 11659982
AP CAR SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2023
AP CAR SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11659982. The registered office is 24 AIRLIE PLACE, LEEDS, LS8 4JN, 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 remained unchanged from the previous year, and also 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:
Motor vehicles
20% diminishing balance method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
AP CAR SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles
Charge for the year
23,533
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
4,529
17,380
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).