Company Registration No. 08918792 (England and Wales)
APV TRADE SOLUTION LTD
Unaudited accounts
for the year ended 31 March 2024
APV TRADE SOLUTION LTD
Unaudited accounts
Contents
APV TRADE SOLUTION LTD
Company Information
for the year ended 31 March 2024
Directors
Aliona Caraivanova
Petar Vragalev
Company Number
08918792 (England and Wales)
Registered Office
7 UNIT
CASTLE ROAD
SITTINGBOURNE
ME10 3RZ
ENGLAND
Accountants
Q Accountants Ltd
411 Oxford Street
Office 1.01
London
W1C 2PE
APV TRADE SOLUTION LTD
Statement of financial position
as at 31 March 2024
Tangible assets
370,251
379,371
Inventories
2,032,991
2,183,144
Cash at bank and in hand
702,631
225,671
Creditors: amounts falling due within one year
(1,020,981)
(1,436,442)
Net current assets
1,852,407
1,458,695
Net assets
2,224,130
1,838,066
Called up share capital
100
100
Profit and loss account
2,224,030
1,837,966
Shareholders' funds
2,224,130
1,838,066
For the year ending 31 March 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 19 February 2024 and were signed on its behalf by
Petar Vragalev
Director
Company Registration No. 08918792
APV TRADE SOLUTION LTD
Notes to the Accounts
for the year ended 31 March 2024
APV TRADE SOLUTION LTD is a private company, limited by shares, registered in England and Wales, registration number 08918792. The registered office is 7 UNIT, CASTLE ROAD, SITTINGBOURNE, ME10 3RZ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% SLM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
APV TRADE SOLUTION LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
385,960
8,119
2,791
396,870
At 31 March 2024
385,960
8,119
3,748
397,827
At 1 April 2023
11,483
5,938
78
17,499
Charge for the year
7,017
2,181
879
10,077
At 31 March 2024
18,500
8,119
957
27,576
At 31 March 2024
367,460
-
2,791
370,251
At 31 March 2023
374,477
2,181
2,713
379,371
Amounts falling due within one year
Trade debtors
137,766
217,643
Amounts due from group undertakings etc.
-
71,527
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
132,746
Trade creditors
12,265
288,803
Taxes and social security
226,317
373,887
Other creditors
917,257
205,133
Loans from directors
(343,044)
144,538
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).