2023-01-012023-12-312023-12-31false06268239ASIA PACIFIC OFFSET 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ASIA PACIFIC OFFSET LTD

Registered Number
06268239
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

ASIA PACIFIC OFFSET LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

CLARKE, A W

Company Secretary

FREEMAN, D K

Registered Address

20 Mortlake High Street
London
SW14 8JN

Registered Number

06268239 (England and Wales)
ASIA PACIFIC OFFSET LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets34,6191,816
4,6191,816
Current assets
Debtors5,9801,434
Cash at bank and on hand96,973107,835
102,953109,269
Creditors amounts falling due within one year4(62,183)(65,974)
Net current assets (liabilities)40,77043,295
Total assets less current liabilities45,38945,111
Creditors amounts falling due after one year5(25,002)(25,002)
Net assets20,38720,109
Capital and reserves
Called up share capital11
Profit and loss account20,38620,108
Shareholders' funds20,38720,109
The financial statements were approved and authorised for issue by the Director on 20 June 2024, and are signed on its behalf by:
CLARKE, A W
Director
Registered Company No. 06268239
ASIA PACIFIC OFFSET LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
2.Average number of employees

20232022
Average number of employees during the year33
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 January 237,0637,063
Additions4,6284,628
At 31 December 2311,69111,691
Depreciation and impairment
At 01 January 235,2475,247
Charge for year1,8251,825
At 31 December 237,0727,072
Net book value
At 31 December 234,6194,619
At 31 December 221,8161,816
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables1,3111,663
Taxation and social security36,39739,382
Other creditors24,47524,929
Total62,18365,974
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.
5.Creditors: amounts due after one year

2023

2022

££
Amounts owed to related parties25,00225,002
Total25,00225,002