Registered number
11815332
A PLUS PAYMENT SOLUTIONS LTD
Filleted Accounts
31 July 2023
A PLUS PAYMENT SOLUTIONS LTD
Registered number: 11815332
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,174 -
Current assets
Debtors 4 54,000 -
Cash at bank and in hand 145,170 353,863
199,170 353,863
Creditors: amounts falling due within one year 5 (43,627) (42,281)
Net current assets 155,543 311,582
Net assets 156,717 311,582
Capital and reserves
Called up share capital 350,000 350,000
Profit and loss account (193,283) (38,418)
Shareholders' funds 156,717 311,582
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Margarita Nebolsina
Director
Approved by the board on 22 March 2024
A PLUS PAYMENT SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 1,174
At 31 July 2023 1,174
Depreciation
At 31 July 2023 -
Net book value
At 31 July 2023 1,174
4 Debtors 2023 2022
£ £
Other debtors 54,000 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 2,008 -
Other creditors 41,619 42,281
43,627 42,281
6 Related party transactions
Included within other creditors is director's loan of £39,618 (2022 - 40,480)

Consultancy fee of £41,671 (2022: £nil) were charged to the company by directors of the company in respect of services as director of A Plus Payment Solutions Ltd.
7 Controlling party
Mrs Margarita Nebolsina is the ultimate controlling party.
8 Other information
A PLUS PAYMENT SOLUTIONS LTD is a private company limited by shares and incorporated in England. Its registered office is:
3rd Floor
22 City Road
London
EC1Y 2AJ
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