Company Registration No. SC205303 (Scotland)
ADVANCED PRESERVATION SPECIALISTS LTD.
Unaudited accounts
for the year ended 30 April 2024
ADVANCED PRESERVATION SPECIALISTS LTD.
Unaudited accounts
Contents
ADVANCED PRESERVATION SPECIALISTS LTD.
Company Information
for the year ended 30 April 2024
Company Number
SC205303 (Scotland)
Registered Office
1157 GOVAN ROAD
GLASGOW
G51 4RQ
Accountants
TaxKings (West) Ltd
58 Portland Street
Kilmarnock
KA11JG
ADVANCED PRESERVATION SPECIALISTS LTD.
Statement of financial position
as at 30 April 2024
Tangible assets
43,675
38,720
Cash at bank and in hand
105,073
107,283
Creditors: amounts falling due within one year
(87,857)
(86,804)
Net current assets
32,541
35,011
Total assets less current liabilities
76,216
73,731
Creditors: amounts falling due after more than one year
(10,177)
(20,177)
Called up share capital
20
20
Profit and loss account
66,019
53,534
Shareholders' funds
66,039
53,554
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 24 January 2025 and were signed on its behalf by
David Boyd
Director
Company Registration No. SC205303
ADVANCED PRESERVATION SPECIALISTS LTD.
Notes to the Accounts
for the year ended 30 April 2024
ADVANCED PRESERVATION SPECIALISTS LTD. is a private company, limited by shares, registered in Scotland, registration number SC205303. The registered office is 1157 GOVAN ROAD, GLASGOW, G51 4RQ.
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.
The accounts are presented in £ sterling.
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:
Land & buildings
4% on cost
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
38,000
17,930
59,480
2,208
117,618
Additions
-
1,630
15,000
-
16,630
At 30 April 2024
38,000
19,560
74,480
2,208
134,248
At 1 May 2023
24,320
17,640
34,820
2,118
78,898
Charge for the year
1,520
615
9,450
90
11,675
At 30 April 2024
25,840
18,255
44,270
2,208
90,573
At 30 April 2024
12,160
1,305
30,210
-
43,675
At 30 April 2023
13,680
290
24,660
90
38,720
ADVANCED PRESERVATION SPECIALISTS LTD.
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
11,825
11,202
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,656
10,656
Trade creditors
23,054
19,107
Taxes and social security
16,371
15,948
Loans from directors
7,549
11,032
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).