Company registration number 05628310 (England and Wales)
APA Group Services Limited
Unaudited
financial statements
for the year ended 31 July 2023
PAGES FOR FILING WITH REGISTRAR
APA Group Services Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
APA Group Services Limited
Statement of financial position
as at 31 July 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,109,944
125,334
Investments
5
1,750
100
1,111,694
125,434
Current assets
Stocks
127,844
127,844
Debtors
6
1,001,549
555,551
Cash at bank and in hand
788,880
1,217,789
1,918,273
1,901,184
Creditors: amounts falling due within one year
7
(71,163)
(245,537)
Net current assets
1,847,110
1,655,647
Total assets less current liabilities
2,958,804
1,781,081
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
2,958,604
1,780,881
Total equity
2,958,804
1,781,081
APA Group Services Limited
Statement of financial position (continued)
as at 31 July 2023
- 2 -
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 17 November 2023 and are signed on its behalf by:
A P Appleyard
Director
Company Registration No. 05628310
APA Group Services Limited
Notes to the financial statements
for the year ended 31 July 2023
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Group accounts
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
Turnover
Turnover is recognised at the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT. Turnover is recognised on provision of contractual service obligations where a right to consideration is due.
Intangible fixed assets - goodwill
Goodwill is capitalised and amortised over its useful life of 5 years.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Plant and machinery
20% straight line
Fixtures, fittings & equipment
25% straight line
Motor vehicles
25% straight line
Fixed asset investments
Investment in shares and included at cost less impairment.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2022 - 2).
APA Group Services Limited
Notes to the financial statements (continued)
for the year ended 31 July 2023
- 4 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2022 and 31 July 2023
26,000
Amortisation and impairment
At 1 August 2022 and 31 July 2023
26,000
Carrying amount
At 31 July 2023
At 31 July 2022
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 August 2022
116,296
95,864
212,160
Additions
520,110
81,614
516,701
1,118,425
At 31 July 2023
636,406
81,614
612,565
1,330,585
Depreciation and impairment
At 1 August 2022
84,829
1,997
86,826
Depreciation charged in the year
57,621
14,870
61,324
133,815
At 31 July 2023
142,450
14,870
63,321
220,641
Carrying amount
At 31 July 2023
493,956
66,744
549,244
1,109,944
At 31 July 2022
31,467
93,867
125,334
5
Fixed asset investments
2023
2022
£
£
Investments in subsidiary
1,750
100
APA Group Services Limited
Notes to the financial statements (continued)
for the year ended 31 July 2023
5
Fixed asset investments
(continued)
- 5 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 August 2022
100
Additions
1,650
At 31 July 2023
1,750
Carrying amount
At 31 July 2023
1,750
At 31 July 2022
100
6
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
36,000
11,000
Amounts owed by group undertakings
451,140
Other debtors
506,336
544,551
Prepayments and accrued income
8,073
1,001,549
555,551
7
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
65,484
73,247
Amounts due to group undertakings
850
163,252
Other taxation and social security
29
30
Other creditors
9,008
Accruals and deferred income
4,800
71,163
245,537
8
Company information
APA Group Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is APA House, 171 Huddersfield Road, Low Moor, Bradford, West Yorkshire, BD12 0TQ.