0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 526,901 526,901 526,901 xbrli:pure xbrli:shares iso4217:GBP 13381236 2023-06-01 2024-05-31 13381236 2024-05-31 13381236 2023-05-31 13381236 2022-06-01 2023-05-31 13381236 2023-05-31 13381236 2022-05-31 13381236 bus:Director2 2023-06-01 2024-05-31 13381236 core:AfterOneYear 2024-05-31 13381236 core:AfterOneYear 2023-05-31 13381236 core:WithinOneYear 2024-05-31 13381236 core:WithinOneYear 2023-05-31 13381236 core:ShareCapital 2024-05-31 13381236 core:ShareCapital 2023-05-31 13381236 core:RetainedEarningsAccumulatedLosses 2024-05-31 13381236 core:RetainedEarningsAccumulatedLosses 2023-05-31 13381236 core:LandBuildings core:OwnedOrFreeholdAssets 2024-05-31 13381236 core:LandBuildings core:OwnedOrFreeholdAssets 2023-05-31 13381236 bus:SmallEntities 2023-06-01 2024-05-31 13381236 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13381236 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13381236 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13381236 bus:FullAccounts 2023-06-01 2024-05-31
COMPANY REGISTRATION NUMBER: 13381236
AAPLEGHAR LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 May 2024
AAPLEGHAR LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
526,901
526,901
CURRENT ASSETS
Cash at bank and in hand
14,224
8,226
CREDITORS: amounts falling due within one year
5
171,530
173,011
---------
---------
NET CURRENT LIABILITIES
157,306
164,785
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
369,595
362,116
CREDITORS: amounts falling due after more than one year
6
370,245
370,245
---------
---------
NET LIABILITIES
( 650)
( 8,129)
---------
---------
CAPITAL AND RESERVES
Called up share capital fully paid
100
100
Profit and loss account
( 750)
( 8,229)
----
-------
SHAREHOLDERS DEFICIT
( 650)
( 8,129)
----
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- 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 Act with respect to accounting records and the preparation of financial statements .
AAPLEGHAR LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 May 2024
These financial statements were approved by the board of directors and authorised for issue on 13 February 2025 , and are signed on behalf of the board by:
Dr H G Bilolikar
Director
Company registration number: 13381236
AAPLEGHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company currently meets its daily working capital requirements through operating revenues, banking facilities and financial support from the associated companies under common control. On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.
Revenue recognition
Turnover is measured at the fair value of the consideration receivable and represents amounts receivable for rent, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
4. TANGIBLE ASSETS
Freehold property
£
Cost
At 1 June 2023 and 31 May 2024
526,901
---------
Depreciation
At 1 June 2023 and 31 May 2024
---------
Carrying amount
At 31 May 2024
526,901
---------
At 31 May 2023
526,901
---------
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Corporation tax
48
Other creditors
171,482
173,011
---------
---------
171,530
173,011
---------
---------
6. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
370,245
370,245
---------
---------
7. GOING CONCERN
The directors have considered the period to 28 February 2025 when assessing the company's ability to continue as a going concern. It is believed that the company will be able to satisfy its liabilities as these become payable.