Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr A Pooley 04/04/2022 09 May 2025 The principal activity of the Company during the financial year was the letting of a pontoon. 14022125 2025-03-31 14022125 bus:Director1 2025-03-31 14022125 2024-03-31 14022125 core:CurrentFinancialInstruments 2025-03-31 14022125 core:CurrentFinancialInstruments 2024-03-31 14022125 core:ShareCapital 2025-03-31 14022125 core:ShareCapital 2024-03-31 14022125 core:RetainedEarningsAccumulatedLosses 2025-03-31 14022125 core:RetainedEarningsAccumulatedLosses 2024-03-31 14022125 core:OtherPropertyPlantEquipment 2024-03-31 14022125 core:OtherPropertyPlantEquipment 2025-03-31 14022125 bus:OrdinaryShareClass1 2025-03-31 14022125 2024-04-01 2025-03-31 14022125 bus:FilletedAccounts 2024-04-01 2025-03-31 14022125 bus:SmallEntities 2024-04-01 2025-03-31 14022125 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14022125 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14022125 bus:Director1 2024-04-01 2025-03-31 14022125 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-04-01 2025-03-31 14022125 2023-04-01 2024-03-31 14022125 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 14022125 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14022125 (England and Wales)

AP COMMERCIAL DEVELOPMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

AP COMMERCIAL DEVELOPMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

AP COMMERCIAL DEVELOPMENTS LIMITED

BALANCE SHEET

As at 31 March 2025
AP COMMERCIAL DEVELOPMENTS LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 1 1
1 1
Current assets
Debtors 4 0 51,455
Cash at bank and in hand 0 1
0 51,456
Creditors: amounts falling due within one year 5 ( 5,994) ( 10,521)
Net current (liabilities)/assets (5,994) 40,935
Total assets less current liabilities (5,993) 40,936
Net (liabilities)/assets ( 5,993) 40,936
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account ( 6,093 ) 40,836
Total shareholder's (deficit)/funds ( 5,993) 40,936

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of AP Commercial Developments Limited (registered number: 14022125) were approved and authorised for issue by the Director on 09 May 2025. They were signed on its behalf by:

Mr A Pooley
Director
AP COMMERCIAL DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
AP COMMERCIAL DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

AP Commercial Developments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 61 Speedwell Crescent, Plymouth, PL6 5SZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

The dividends voted during the year were voted based on the information available to the directors at the point of distribution. At the time of distribution there were significant reserves in the company but at the year end the company has fallen into negative reserves. If required financial support will be forthcoming from the director and shareholder.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Other property, plant and equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Tangible assets

Other property, plant
and equipment
Total
£ £
Cost
At 01 April 2024 1 1
At 31 March 2025 1 1
Accumulated depreciation
At 01 April 2024 0 0
At 31 March 2025 0 0
Net book value
At 31 March 2025 1 1
At 31 March 2024 1 1

4. Debtors

2025 2024
£ £
Amounts owed by director 0 46,895
Accrued income 0 4,560
0 51,455

5. Creditors: amounts falling due within one year

2025 2024
£ £
Taxation and social security 17 9,621
Other creditors 5,977 900
5,994 10,521

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

Transactions with the entity's director

2025 2024
£ £
Balance B/F 46,895 0
Advances to director 6,720 47,409
Repayments by director (58,650) (514)
0 0
Balance C/F (5,035) 46,895

During the year, the overdrawn balance was cleared by repayments from the Director.