Company registration number 07382633 (England and Wales)
APH Properties Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 September 2024
PAGES FOR FILING WITH REGISTRAR
APH Properties Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
APH Properties Ltd
Statement of financial position
as at 30 September 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
985,000
Investments
4
357,500
737,250
1,342,500
737,250
Current assets
Cash at bank and in hand
15,383
628
Creditors: amounts falling due within one year
(16,445)
(134,202)
Net current liabilities
(1,062)
(133,574)
Total assets less current liabilities
1,341,438
603,676
Creditors: amounts falling due after more than one year
(33,310)
(47,504)
Provisions for liabilities
(127,516)
Net assets
1,180,612
556,172
Capital and reserves
Called up share capital
5
150
150
Share premium account
379,700
Revaluation reserve
382,549
Profit and loss reserves
797,913
176,322
Total equity
1,180,612
556,172
APH Properties Ltd
Statement of financial position (continued)
as at 30 September 2024
30 September 2024
- 2 -
For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.
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.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 22 January 2025 and are signed on its behalf by:
P Howell
Director
Company registration number 07382633 (England and Wales)
APH Properties Ltd
Notes to the Financial Statements
for the year ended 30 September 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Tangible fixed assets
Properties whose fair value can be measured reliably are held under the revaluation model and are carried at a revalued amount, being their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The fair value of the land and buildings is usually considered to be their market value.
Revaluation gains and losses are recognised in other comprehensive income and accumulated in equity, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in profit or loss or a revaluation loss exceeds the accumulated revaluation gains recognised in equity; such gains and losses are recognised in profit or loss.
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
Taxation
The tax expense represents the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
APH Properties Ltd
Notes to the Financial Statements (continued)
for the year ended 30 September 2024
- 4 -
3
Tangible fixed assets
Total
£
Valuation
At 1 October 2023
Additions
474,935
Revaluation
510,065
At 30 September 2024
985,000
Depreciation and impairment
At 1 October 2023 and 30 September 2024
Carrying amount
At 30 September 2024
985,000
At 30 September 2023
The properties were valued by the directors on 30 September 2024.
4
Fixed asset investments
2024
2023
£
£
Investments in group undertakings
357,500
737,250
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
150
150
150
150
6
Company information
APH Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Bethel Place, Thornes Lane, Wakefield, West Yorkshire, WF2 7QY.