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REGISTERED NUMBER: 10832787 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Accessible Products Limited

Accessible Products Limited (Registered number: 10832787)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Accessible Products Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: S M Greenwood





REGISTERED OFFICE: River Technology Park
Brewery Street
Keighley
West Yorkshire
BD21 4JQ





REGISTERED NUMBER: 10832787 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Accessible Products Limited (Registered number: 10832787)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 37,083 47,074

CURRENT ASSETS
Stocks 52,022 52,048
Debtors 6 33,637 22,518
Cash at bank and in hand 7,810 528
93,469 75,094
CREDITORS
Amounts falling due within one year 7 59,205 52,942
NET CURRENT ASSETS 34,264 22,152
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,347

69,226

CREDITORS
Amounts falling due after more than one
year

8

(9,232

)

(18,582

)

PROVISIONS FOR LIABILITIES (2,660 ) (4,369 )
NET ASSETS 59,455 46,275

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 59,454 46,274
SHAREHOLDERS' FUNDS 59,455 46,275

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.

Accessible Products Limited (Registered number: 10832787)

Balance Sheet - continued
30 June 2024



The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





S M Greenwood - Director


Accessible Products Limited (Registered number: 10832787)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Accessible Products 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Accessible Products Limited (Registered number: 10832787)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 67,435 24,310 562 92,307
Additions - - 110 110
At 30 June 2024 67,435 24,310 672 92,417
DEPRECIATION
At 1 July 2023 29,004 15,778 451 45,233
Charge for year 5,765 4,258 78 10,101
At 30 June 2024 34,769 20,036 529 55,334
NET BOOK VALUE
At 30 June 2024 32,666 4,274 143 37,083
At 30 June 2023 38,431 8,532 111 47,074

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 33,392 22,273
Other debtors 245 245
33,637 22,518

Accessible Products Limited (Registered number: 10832787)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,352 11,581
Trade creditors 10,788 14,849
Tax 17,055 11,914
Social security and other taxes 7,858 10,881
VAT 3,913 608
Directors' current accounts 6,139 109
Accrued expenses 3,100 3,000
59,205 52,942

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 9,232 10,855
Bank loans - 2-5 years - 7,727
9,232 18,582

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Accessible Products Limited

The following reproduces the text of the report prepared for the director 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 Director 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 Accessible Products Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 director of Accessible Products Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Accessible Products Limited and state those matters that we have agreed to state to the director of Accessible Products Limited 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 Accessible Products Limited and its director for our work or for this report.

It is your duty to ensure that Accessible Products 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 Accessible Products Limited. You consider that Accessible Products 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 Accessible Products 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.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


28 March 2025