0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 6,087 5,914 42 5,956 131 173 xbrli:pure xbrli:shares iso4217:GBP 04744781 2022-07-01 2023-06-30 04744781 2023-06-30 04744781 2022-06-30 04744781 2021-07-01 2022-06-30 04744781 2022-06-30 04744781 2021-06-30 04744781 core:PlantMachinery 2022-07-01 2023-06-30 04744781 bus:Director3 2022-07-01 2023-06-30 04744781 core:PlantMachinery 2022-06-30 04744781 core:PlantMachinery 2023-06-30 04744781 core:WithinOneYear 2023-06-30 04744781 core:WithinOneYear 2022-06-30 04744781 core:ShareCapital 2023-06-30 04744781 core:ShareCapital 2022-06-30 04744781 core:RetainedEarningsAccumulatedLosses 2023-06-30 04744781 core:RetainedEarningsAccumulatedLosses 2022-06-30 04744781 core:PlantMachinery 2022-06-30 04744781 bus:SmallEntities 2022-07-01 2023-06-30 04744781 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 04744781 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 04744781 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 04744781 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 04744781
Aphena Limited
Filleted Unaudited Financial Statements
30 June 2023
Aphena Limited
Statement of Financial Position
30 June 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
131
173
Current assets
Debtors
5
2,438
7,205
Cash at bank and in hand
112,044
77,258
---------
--------
114,482
84,463
Creditors: amounts falling due within one year
6
27,913
33,769
---------
--------
Net current assets
86,569
50,694
--------
--------
Total assets less current liabilities
86,700
50,867
--------
--------
Net assets
86,700
50,867
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
86,600
50,767
--------
--------
Shareholders funds
86,700
50,867
--------
--------
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.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Aphena Limited
Statement of Financial Position (continued)
30 June 2023
These financial statements were approved by the board of directors and authorised for issue on 5 February 2024 , and are signed on behalf of the board by:
Mrs D Potter
Director
Company registration number: 04744781
Aphena Limited
Notes to the Financial Statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Teversham Road, Fulbourn, Cambridge, CB21 5EB.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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 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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:
Plant and machinery
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 July 2022 and 30 June 2023
6,087
6,087
-------
-------
Depreciation
At 1 July 2022
5,914
5,914
Charge for the year
42
42
-------
-------
At 30 June 2023
5,956
5,956
-------
-------
Carrying amount
At 30 June 2023
131
131
-------
-------
At 30 June 2022
173
173
-------
-------
5. Debtors
2023
2022
£
£
Trade debtors
2,010
6,517
Other debtors
428
688
-------
-------
2,438
7,205
-------
-------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
660
402
Corporation tax
16,785
15,291
Social security and other taxes
803
874
Other creditors
9,665
17,202
--------
--------
27,913
33,769
--------
--------