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REGISTERED NUMBER: 06752800 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Apparent Properties Limited

Apparent Properties Limited (Registered number: 06752800)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Apparent Properties Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: C P Peskett
Mrs C Peskett





REGISTERED OFFICE: 19 Trinity Square
Llandudno
NORTH WALES
LL30 2RD





REGISTERED NUMBER: 06752800 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

Apparent Properties Limited (Registered number: 06752800)

Balance Sheet
31 March 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 20,366 47,810

CURRENT ASSETS
Debtors 5 1,634,359 1,611,092
Cash at bank 32,487 160,988
1,666,846 1,772,080
CREDITORS
Amounts falling due within one year 6 (628,626 ) (711,530 )
NET CURRENT ASSETS 1,038,220 1,060,550
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,058,586

1,108,360

CREDITORS
Amounts falling due after more than one year 7 (91,394 ) (182,026 )
NET ASSETS 967,192 926,334

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 967,190 926,332
SHAREHOLDERS' FUNDS 967,192 926,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Mrs C Peskett - Director


Apparent Properties Limited (Registered number: 06752800)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Apparent Properties 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 (£).


The financial statements are rounded to the nearest pound.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Improvements to leasehold propertyover 12 years straight line
Fixtures and fittings25% reducing balance
Motor vehicles 25% reducing balance
Computer equipment50% straight line

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

Apparent Properties Limited (Registered number: 06752800)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and Computer
to property machinery fittings equipment Totals
£ £ £ £ £
COST
At 1 April 2023 315,958 1,815 75,174 10,270 403,217
Additions - - - 529 529
At 31 March 2024 315,958 1,815 75,174 10,799 403,746
DEPRECIATION
At 1 April 2023 273,664 775 70,698 10,270 355,407
Charge for year 26,329 261 1,119 264 27,973
At 31 March 2024 299,993 1,036 71,817 10,534 383,380
NET BOOK VALUE
At 31 March 2024 15,965 779 3,357 265 20,366
At 31 March 2023 42,294 1,040 4,476 - 47,810

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by associates 890,573 853,738
Other debtors 743,786 757,354
1,634,359 1,611,092

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 69,680 90,426
Taxation and social security 109,652 111,746
Other creditors 449,294 509,358
628,626 711,530

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 67,355 137,035
Other creditors 24,039 44,991
91,394 182,026

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£ £
C P Peskett and Mrs C Peskett
Balance outstanding at start of year 176,272 165,935
Amounts advanced 196,312 160,337
Amounts repaid (150,000 ) (150,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 222,584 176,272

Apparent Properties Limited (Registered number: 06752800)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Interest on the overdrawn directors' loan account has been charged at HMRC rates.

Dividends were declared within 9 months of the year end to clear the overdrawn directors' loan account that was advanced in the year.

9. ULTIMATE CONTROLLING PARTY

Mr and Mrs C Peskett own the issued share capital of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Apparent Properties Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apparent Properties Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Apparent Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Apparent Properties Limited and state those matters that we have agreed to state to the Board of Directors of Apparent Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Apparent Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Apparent Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Apparent Properties Limited. You consider that Apparent Properties 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 Apparent Properties 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.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


18 March 2025