Company Registration No. 10172031 (England and Wales)
A.P.R Glazing Limited
Unaudited accounts
for the year ended 31 May 2024
A.P.R Glazing Limited
Unaudited accounts
Contents
A.P.R Glazing Limited
Company Information
for the year ended 31 May 2024
Directors
Katie Louise Feeney
Paul Robert Tibble
Company Number
10172031 (England and Wales)
Registered Office
The Coppice Walworth Road
52 Picket Twenty Way
Andover
SP11 6TH
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
A.P.R Glazing Limited
Statement of financial position
as at 31 May 2024
Tangible assets
47,210
27,349
Cash at bank and in hand
9,330
7,267
Creditors: amounts falling due within one year
(54,131)
(29,878)
Net current assets
7,143
8,720
Total assets less current liabilities
54,353
36,069
Creditors: amounts falling due after more than one year
(45,786)
(35,399)
Called up share capital
2
2
Profit and loss account
8,565
668
Shareholders' funds
8,567
670
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Paul Robert Tibble
Director
Company Registration No. 10172031
A.P.R Glazing Limited
Notes to the Accounts
for the year ended 31 May 2024
A.P.R Glazing Limited is a private company, limited by shares, registered in England and Wales, registration number 10172031. The registered office is The Coppice Walworth Road, 52 Picket Twenty Way, Andover, SP11 6TH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% on cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
A.P.R Glazing Limited
Notes to the Accounts
for the year ended 31 May 2024
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
8,108
58,148
375
768
67,399
Additions
455
48,980
-
-
49,435
Disposals
-
(32,789)
-
-
(32,789)
At 31 May 2024
8,563
74,339
375
768
84,045
At 1 June 2023
5,357
33,617
308
768
40,050
Charge for the year
805
14,919
17
-
15,741
On disposals
-
(18,956)
-
-
(18,956)
At 31 May 2024
6,162
29,580
325
768
36,835
At 31 May 2024
2,401
44,759
50
-
47,210
At 31 May 2023
2,751
24,531
67
-
27,349
Amounts falling due within one year
Trade debtors
18,670
21,414
Accrued income and prepayments
28,237
8,000
A.P.R Glazing Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,106
5,000
Obligations under finance leases and hire purchase contracts
8,161
9,158
Trade creditors
6,183
2,124
Taxes and social security
8,424
11,244
Other creditors
19,066
367
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
26,892
25,399
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).