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REGISTERED NUMBER: 04646615 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

APP (UK) LIMITED

APP (UK) LIMITED (REGISTERED NUMBER: 04646615)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


APP (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: S Baker





REGISTERED OFFICE: Unit 10 Ashchurch Business Park
Alexandra Way
Tewkesbury
Gloucestershire
GL20 8NB





REGISTERED NUMBER: 04646615 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

APP (UK) LIMITED (REGISTERED NUMBER: 04646615)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,511 32,514

CURRENT ASSETS
Stocks 317,280 224,285
Debtors 5 262,534 424,880
Cash at bank 1,405,169 2,406,272
1,984,983 3,055,437
CREDITORS
Amounts falling due within one year 6 1,819,496 2,952,420
NET CURRENT ASSETS 165,487 103,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,998

135,531

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 204,997 135,530
SHAREHOLDERS' FUNDS 204,998 135,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2025 and were signed by:





S Baker - Director


APP (UK) LIMITED (REGISTERED NUMBER: 04646615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

APP (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised when the Company has earned the right to the consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
The director has assessed the going concern status of the company and has determined that there are no material uncertainties that may cast significant doubt about the company’s ability to continue trading as a going concern. Therefore, these financial statements have been prepared using a going concern basis.

APP (UK) LIMITED (REGISTERED NUMBER: 04646615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 17,269 60,965 4,485 82,719
Additions - 16,500 - 16,500
At 30 June 2024 17,269 77,465 4,485 99,219
DEPRECIATION
At 1 July 2023 17,269 28,451 4,485 50,205
Charge for year - 9,503 - 9,503
At 30 June 2024 17,269 37,954 4,485 59,708
NET BOOK VALUE
At 30 June 2024 - 39,511 - 39,511
At 30 June 2023 - 32,514 - 32,514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 239,118 369,974
Other debtors 3,497 40,976
VAT 7,852 -
Prepayments and accrued income 12,067 13,930
262,534 424,880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,250 1,014
Corporation Tax - 502
Social security and other taxes (781 ) -
Net wages control - 6,860
Pension control - 486
VAT - 4,605
Other creditors 1,790,700 2,888,152
Accruals and deferred income 25,327 50,801
1,819,496 2,952,420

7. ULTIMATE CONTROLLING PARTY

The company is a fully owned subsidiary of Advanced Poly-Packaging Inc, a Company incorporated in the United States of America.