A P Land Surveys Limited 07046879 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Land and Engineering Surveyors Digita Accounts Production Advanced 6.30.9574.0 true true 07046879 2023-04-01 2024-03-31 07046879 2024-03-31 07046879 core:CurrentFinancialInstruments 2024-03-31 07046879 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07046879 core:FurnitureFittingsToolsEquipment 2024-03-31 07046879 core:MotorVehicles 2024-03-31 07046879 bus:SmallEntities 2023-04-01 2024-03-31 07046879 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07046879 bus:FilletedAccounts 2023-04-01 2024-03-31 07046879 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07046879 bus:RegisteredOffice 2023-04-01 2024-03-31 07046879 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 07046879 bus:Director1 2023-04-01 2024-03-31 07046879 bus:Director2 2023-04-01 2024-03-31 07046879 bus:Director4 2023-04-01 2024-03-31 07046879 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07046879 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 07046879 core:MotorVehicles 2023-04-01 2024-03-31 07046879 core:OfficeEquipment 2023-04-01 2024-03-31 07046879 core:ToolsEquipment 2023-04-01 2024-03-31 07046879 countries:EnglandWales 2023-04-01 2024-03-31 07046879 2023-03-31 07046879 core:FurnitureFittingsToolsEquipment 2023-03-31 07046879 core:MotorVehicles 2023-03-31 07046879 2022-04-01 2023-03-31 07046879 2023-03-31 07046879 core:CurrentFinancialInstruments 2023-03-31 07046879 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07046879 core:FurnitureFittingsToolsEquipment 2023-03-31 07046879 core:MotorVehicles 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07046879

A P Land Surveys Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2024

 

A P Land Surveys Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 8

 

A P Land Surveys Limited

Company Information

Directors

Mr Adam John Peel Pearce

Mr Andrew Michael Pitcher

Mrs Hilary Claire Pitcher

Mrs Rebecca Kate Weller Pearce

Company secretary

Mrs Hilary Claire Pitcher

Registered office

21 Grandisson Drive
Ottery St Mary
Devon
EX11 1JD

Accountants

Easterbrook Eaton Limited
Chartered Accountants
8 Jesu Street
Old Fore Street
Ottery St Mary
Devon
EX11 1EU

 

A P Land Surveys Limited

(Registration number: 07046879)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

138,998

120,256

Current assets

 

Debtors

5

75,840

127,716

Cash at bank and in hand

 

105,676

162,291

 

181,516

290,007

Prepayments and accrued income

 

10,963

9,679

Creditors: Amounts falling due within one year

(128,122)

(202,856)

Net current assets

 

64,357

96,830

Net assets

 

203,355

217,086

Capital and reserves

 

Called up share capital

6

8

8

Retained earnings

203,347

217,078

Shareholders' funds

 

203,355

217,086

For the financial year ending 31 March 2024 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 August 2024 and signed on its behalf by:
 

 

A P Land Surveys Limited

(Registration number: 07046879)
Abridged Balance Sheet as at 31 March 2024

.........................................
Mr Adam John Peel Pearce
Director

.........................................
Mr Andrew Michael Pitcher
Director

 

A P Land Surveys Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Grandisson Drive
Ottery St Mary
Devon
EX11 1JD

These financial statements were authorised for issue by the Board on 30 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

A P Land Surveys Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

15% reducing balance basis

Motor vehicles

25% reducing balance basis

Office equipment

50% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

A P Land Surveys Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 6).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

249,531

68,052

317,583

Additions

4,480

49,600

54,080

Disposals

-

(26,416)

(26,416)

At 31 March 2024

254,011

91,236

345,247

Depreciation

At 1 April 2023

140,590

56,737

197,327

Charge for the year

17,464

14,348

31,812

Eliminated on disposal

-

(22,890)

(22,890)

At 31 March 2024

158,054

48,195

206,249

Carrying amount

At 31 March 2024

95,957

43,041

138,998

At 31 March 2023

108,941

11,315

120,256

5

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

 

A P Land Surveys Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

2024

2023

No.

£

No.

£

Ordinary 'A' shares of £1 each

2

2

2

2

Ordinary 'B' shares of £1 each

4

4

4

4

Ordinary 'C' shares of £1 each

2

2

2

2

8

8

8

8

7

Related party transactions

 

A P Land Surveys Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

40,813

38,657

Contributions paid to money purchase schemes

32,516

22,893

73,329

61,550