1 April 2023 false No description of principal activity Taxfiler 2024.6 08918792business:PrivateLimitedCompanyLtd2023-04-012024-03-31 089187922023-03-31 089187922023-04-012024-03-31 08918792business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 08918792business:FilletedAccounts2023-04-012024-03-31 089187922024-03-31 08918792business:Director12023-04-012024-03-31 08918792business:Director22023-04-012024-03-31 08918792business:RegisteredOffice2023-04-012024-03-31 089187922023-03-31 08918792core:WithinOneYear2024-03-31 08918792core:WithinOneYear2023-03-31 08918792core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08918792core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08918792core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08918792core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08918792core:PreviouslyStatedAmount2024-03-31 08918792core:PreviouslyStatedAmount2023-03-31 08918792business:SmallEntities2023-04-012024-03-31 08918792countries:EnglandWales2023-04-012024-03-31 08918792core:LandBuildings2023-04-012024-03-31 08918792core:PlantMachinery2023-04-012024-03-31 08918792core:ComputerEquipment2023-04-012024-03-31 08918792core:IntangibleAssetsOtherThanGoodwill2023-03-31 08918792core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 08918792core:IntangibleAssetsOtherThanGoodwill2024-03-31 08918792core:LandBuildings2023-03-31 08918792core:PlantMachinery2023-03-31 08918792core:ComputerEquipment2023-03-31 08918792core:LandBuildings2024-03-31 08918792core:PlantMachinery2024-03-31 08918792core:ComputerEquipment2024-03-31 089187922022-04-012023-03-31 iso4217:GBP xbrli:pure
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
Page
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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
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APV TRADE SOLUTION LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,472 
- 
Tangible assets
370,251 
379,371 
371,723 
379,371 
Current assets
Inventories
2,032,991 
2,183,144 
Debtors
137,766 
486,322 
Cash at bank and in hand
702,631 
225,671 
2,873,388 
2,895,137 
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 
Capital and reserves
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
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APV TRADE SOLUTION LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
2% SLM
Plant & machinery
50% SLM
Computer equipment
33% SLM
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
- 
Additions
1,620 
At 31 March 2024
1,620 
Amortisation
At 1 April 2023
- 
Charge for the year
148 
At 31 March 2024
148 
Net book value
At 31 March 2024
1,472 
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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 
Additions
- 
- 
957 
957 
At 31 March 2024
385,960 
8,119 
3,748 
397,827 
Depreciation
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 
Net book value
At 31 March 2024
367,460 
- 
2,791 
370,251 
At 31 March 2023
374,477 
2,181 
2,713 
379,371 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
137,766 
217,643 
Amounts due from group undertakings etc.
- 
71,527 
Other debtors
- 
197,152 
137,766 
486,322 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
132,746 
VAT
208,186 
291,335 
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 
1,020,981 
1,436,442 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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