ADVANCED PROCESS INTEGRATION LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
Company registration number 13342010 (England and Wales)
ADVANCED PROCESS INTEGRATION LTD
COMPANY INFORMATION
Directors
Professor R Smith
Mr N Zhang
Mr S Doyle
Q Kong
(Appointed 22 November 2023)
Mrs J Jumenez Romero
(Appointed 16 June 2023)
Company number
13342010
Registered office
Suite 6
Base
Manchester Science Park, Greenhays Lane
Manchester
M15 6LR
Accountants
Azets
Carlton House
Grammar School Street
Bradford
BD1 4NS
Business address
Suite 6
Base
Manchester Science Park, Greenhays Lane
Manchester
M15 6LR
ADVANCED PROCESS INTEGRATION LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4 - 5
ADVANCED PROCESS INTEGRATION LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 APRIL 2024
- 1 -
The directors present their annual report and financial statements for the year ended 30 April 2024.
Principal activities
The principal activity of the company is that of consultancy services.
The company was incorporated on 16 April 2021.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Professor R Smith
Mr N Zhang
Dr Q Yin
(Resigned 12 April 2024)
Mr S Doyle
Q Kong
(Appointed 22 November 2023)
Mrs J Jumenez Romero
(Appointed 16 June 2023)
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Professor R Smith
Mr N Zhang
Director
Director
Mr S Doyle
Director
29 October 2024
ADVANCED PROCESS INTEGRATION LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ADVANCED PROCESS INTEGRATION LTD FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Advanced Process Integration Ltd for the year ended 30 April 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the board of directors of Advanced Process Integration Ltd, as a body, in accordance with the terms of our engagement letter dated 16 January 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Advanced Process Integration Ltd and state those matters that we have agreed to state to the board of directors of Advanced Process Integration Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advanced Process Integration Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Advanced Process Integration Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Advanced Process Integration Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Advanced Process Integration Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
29 October 2024
Carlton House
Grammar School Street
Bradford
BD1 4NS
ADVANCED PROCESS INTEGRATION LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
2024
2023
£
£
Turnover
331,338
50,000
Cost of raw materials and consumables
(15,685)
-
Staff costs
(99,525)
(40,424)
Depreciation and other amounts written off assets
(460)
Other charges
(186,994)
(4,549)
Tax
(5,274)
(955)
Profit
23,400
4,072
ADVANCED PROCESS INTEGRATION LTD
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 4 -
2024
2023
£
£
£
£
Fixed assets
1,995
Current assets
231,026
9,638
Prepayments and accrued income
6,296
Creditors: amounts falling due within one year
(11,841)
(5,565)
Net current assets
225,481
4,073
Total assets less current liabilities
227,476
4,073
Net assets
227,476
4,073
Capital and reserves
227,476
4,073
ADVANCED PROCESS INTEGRATION LTD
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 5 -
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
4
1
Advanced Process Integration Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Suite 6, Base, Manchester Science Park, Greenhays Lane, Manchester, M15 6LR.
For the year ended 30 April 2024 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and 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 29 October 2024 and are signed on its behalf by:
Professor R Smith
Mr N Zhang
Director
Director
Mr S Doyle
Director
Company registration number 13342010 (England and Wales)
ADVANCED PROCESS INTEGRATION LTD
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024