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Company Registration No. 13592909 (England and Wales)
Advanced Printing Solutions Ltd Unaudited accounts for the year ended 31 August 2024
Advanced Printing Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Advanced Printing Solutions Ltd Company Information for the year ended 31 August 2024
Director
Niculina Acununei
Company Number
13592909 (England and Wales)
Registered Office
14 Tylney Close Chigwell Essex IG7 4EH England
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Advanced Printing Solutions Ltd Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
11,382
10,771
Current assets
Debtors
5
10,241
13,032
Cash at bank and in hand
2,708
2,582
12,949
15,614
Creditors: amounts falling due within one year
6
(11,068)
(12,163)
Net current assets
1,881
3,451
Total assets less current liabilities
13,263
14,222
Creditors: amounts falling due after more than one year
7
(12,200)
(6,073)
Net assets
1,063
8,149
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,062
8,148
Shareholders' funds
1,063
8,149
For the year ending 31 August 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 director acknowledges her 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 and authorised for issue on 18 May 2025 and were signed on its behalf by
Niculina Acununei Director Company Registration No. 13592909
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Advanced Printing Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Advanced Printing Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13592909. The registered office is 14 Tylney Close, , Chigwell, Essex, IG7 4EH, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
18% reducing balance method
Computer equipment
18% reducing balance method
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2023
12,000
1,141
13,141
Additions
3,000
-
3,000
At 31 August 2024
15,000
1,141
16,141
Depreciation
At 1 September 2023
1,997
373
2,370
Charge for the year
2,250
139
2,389
At 31 August 2024
4,247
512
4,759
Net book value
At 31 August 2024
10,753
629
11,382
At 31 August 2023
10,003
768
10,771
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Advanced Printing Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
10,241
12,923
Accrued income and prepayments
-
109
10,241
13,032
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
3,630
3,703
Trade creditors
3,906
4,046
Taxes and social security
3,532
3,272
Other creditors
-
1,098
Accruals
-
44
11,068
12,163
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Loans from directors
12,200
6,073
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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