Company registration number 08540783 (England and Wales)
AAAPS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
AAAPS LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
AAAPS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AAAPS LIMITED FOR THE YEAR ENDED 31 MAY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AAAPS Limited for the year ended 31 May 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of AAAPS Limited, as a body, in accordance with the terms of our engagement letter dated 5 July 2023. Our work has been undertaken solely to prepare for your approval the financial statements of AAAPS Limited and state those matters that we have agreed to state to the board of directors of AAAPS Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AAAPS Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that AAAPS Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that AAAPS Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of AAAPS Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hentons
Chartered Accountants
24 Finkle Street
Thirsk
North Yorkshire
YO7 1DA
24 February 2025
AAAPS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
- 2 -
2024
2023
£
£
Turnover
278,708
239,433
Other income
7,275
2,106
Staff costs
(9,518)
(9,166)
Depreciation and other amounts written off assets
(39,895)
(650)
Other charges
(35,108)
(42,459)
Tax
(20,096)
(42,290)
Profit
181,366
146,974
AAAPS LIMITED
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 3 -
2024
2023
£
£
£
£
Fixed assets
398,985
286,480
Current assets
747,114
712,559
Prepayments and accrued income
3,011
2,550
Creditors: amounts falling due within one year
(20,818)
(42,632)
Net current assets
729,307
672,477
Total assets less current liabilities
1,128,292
958,957
Accruals and deferred income
(1,486)
(1,517)
Net assets
1,126,806
957,440
Capital and reserves
1,126,806
957,440
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
AAAPS Limited is a private company limited by shares incorporated in England and Wales. The registered office is 53 The Stables, Wynyard, Billingham, Cleveland, TS22 5SG.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
AAAPS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 24 February 2025
Dr P J R Peddada
Director
Company registration number 08540783 (England and Wales)
AAAPS LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MAY 2024