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Company Registration No. 12665853 (England and Wales)
AP MOTORS AND SALES LTD Unaudited accounts for the year ended 30 June 2023
AP MOTORS AND SALES LTD Unaudited accounts Contents
Page
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AP MOTORS AND SALES LTD Company Information for the year ended 30 June 2023
Directors
Mohammed Arif YAKOOB Mohammed Shauib YAKOOB
Company Number
12665853 (England and Wales)
Registered Office
19 AIRLIE AVENUE LEEDS LS8 4JL ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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AP MOTORS AND SALES LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
10,672 
12,597 
Debtors
1 
1 
Cash at bank and in hand
28,929 
27,795 
39,602 
40,393 
Creditors: amounts falling due within one year
(35,120)
(40,549)
Net current assets/(liabilities)
4,482 
(156)
Net assets/(liabilities)
4,482 
(156)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,481 
(157)
Shareholders' funds
4,482 
(156)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
Mohammed Arif YAKOOB Director Company Registration No. 12665853
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AP MOTORS AND SALES LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
AP MOTORS AND SALES LTD is a private company, limited by shares, registered in England and Wales, registration number 12665853. The registered office is 19 AIRLIE AVENUE, LEEDS, LS8 4JL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Trading Activity
Sale of used cars and light motor vehicles
Inventories
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1 
1 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
14,426 
19,890 
Taxes and social security
1,051 
- 
Other creditors
11,974 
11,974 
Accruals
3,668 
4,684 
Deferred income
4,001 
4,001 
35,120 
40,549 
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AP MOTORS AND SALES LTD Notes to the Accounts for the year ended 30 June 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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