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Company Registration No. 11638036 (England and Wales)
APM Developments Ltd Unaudited accounts for the year ended 30 April 2024
APM Developments Ltd Unaudited accounts Contents
Page
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APM Developments Ltd Company Information for the year ended 30 April 2024
Directors
Alexandra Jane Murray Paul Murray Paul Murray
Company Number
11638036 (England and Wales)
Registered Office
The Granary Weston Lane Oswestry SY10 9ER United Kingdom
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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APM Developments Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
524 
- 
Current assets
Inventories
924,078 
555,964 
Debtors
287,622 
372,000 
Cash at bank and in hand
14,112 
2,074 
1,225,812 
930,038 
Creditors: amounts falling due within one year
(670,553)
(513,413)
Net current assets
555,259 
416,625 
Total assets less current liabilities
555,783 
416,625 
Creditors: amounts falling due after more than one year
(732,578)
(556,055)
Net liabilities
(176,795)
(139,430)
Capital and reserves
Profit and loss account
(176,795)
(139,430)
Shareholders' funds
(176,795)
(139,430)
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 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 31 January 2025 and were signed on its behalf by
Paul Murray Director Company Registration No. 11638036
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APM Developments Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
APM Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11638036. The registered office is The Granary, Weston Lane, Oswestry, SY10 9ER, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
- 
Additions
524 
At 30 April 2024
524 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
524 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
14,297 
Trade debtors
6,000 
- 
Amounts due from group undertakings etc.
280,813 
353,478 
Other debtors
809 
4,225 
287,622 
372,000 
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APM Developments Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
21,239 
14,000 
VAT
6,451 
- 
Trade creditors
(225)
- 
Amounts owed to group undertakings and other participating interests
157,378 
39,864 
Taxes and social security
5,819 
1,727 
Other creditors
262,154 
297,254 
Loans from directors
217,737 
161,168 
Accruals
- 
(600)
670,553 
513,413 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
732,578 
554,137 
Other creditors
- 
1,918 
732,578 
556,055 
Included in long term creditors is a loan from The Pendragon Group - £685,000. This loan is secured against the land known as Priors Cottage, which is held by the company. The land had a WIP value of £924,078.
8
Controlling party
The company is held by APM Assets Limited, Companies House number 15132581.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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