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REGISTERED NUMBER: 11928042 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

APF PROPERTY SERVICES LTD

APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

APF PROPERTY SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: S P O'Hara
Mrs E G O'Hara





REGISTERED OFFICE: Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN





REGISTERED NUMBER: 11928042 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 - 370,260

CURRENT ASSETS
Debtors 5 380,629 80
Cash at bank 4,476 18,496
385,105 18,576
CREDITORS
Amounts falling due within one year 6 347,300 356,927
NET CURRENT ASSETS/(LIABILITIES) 37,805 (338,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,805

31,909

PROVISIONS FOR LIABILITIES - 4,954
NET ASSETS 37,805 26,955

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 - 53,143
Retained earnings 37,705 (26,288 )
37,805 26,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2025 and were signed on its behalf by:





Mrs E G O'Hara - Director


APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

APF Property Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are initially measured at the transaction price, unless the arrangement constitutes a financing transaction, when it is measured at the present value of the future repayments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 370,260
Disposals (370,260 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 370,260

In September 2023, the properties were disposed of at their market value.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 7,850 -
Other debtors 372,779 80
380,629 80

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,530
Taxation and social security 10,773 672
Other creditors 336,527 354,725
347,300 356,927

7. RESERVES
Fair
value
reserve
£   
At 1 May 2023 53,143
Disposal of investment prop (53,143 )

At 30 April 2024 -

APF PROPERTY SERVICES LTD (REGISTERED NUMBER: 11928042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
S P O'Hara
Balance outstanding at start of year (176,534 ) (134 )
Amounts advanced 9,144 7,620
Amounts repaid - (184,020 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (167,390 ) (176,534 )

Mrs E G O'Hara
Balance outstanding at start of year (176,534 ) (134 )
Amounts advanced 9,144 7,620
Amounts repaid - (184,020 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (167,390 ) (176,534 )

This loan is provided interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

As at the balance sheet date the company was owed £7,500 (2023: NIL by O'Hara Services 1 Limited a company of which the directors is also a director

As at the balance sheet date the company was owed £350 (2023: NIL) by O'Hara Services 2 Limited a company of which the director's spouse is a director.

As at the balance sheet date the company was owed £172,122 (2023: NIL) by Flinn O'Hara, the son of the directors. This balance has been cleared post year end, as a result of the assignment of the directors loan account credits.

As at the balance sheet date the company was owed £200,568 (2023: NIL) by Phelim O'Hara, the son of the directors. This balance has been cleared post year end, as a result of the assignment of the directors loan account credits.

10. POST BALANCE SHEET EVENTS

In January 2025, the directors gifted their directors loan accounts balance, totalling £334,781, to their sons as part of the transfer of properties.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
APF PROPERTY SERVICES LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of APF Property Services Ltd for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of APF Property Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of APF Property Services Ltd and state those matters that we have agreed to state to the Board of Directors of APF Property Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than APF Property Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that APF Property Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of APF Property Services Ltd. You consider that APF Property Services 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 APF Property Services 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.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


21 January 2025