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
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
Advanced Printing Solutions Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
11,382
10,771
Cash at bank and in hand
2,708
2,582
Creditors: amounts falling due within one year
(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
(12,200)
(6,073)
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
Advanced Printing Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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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.
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
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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
At 31 August 2024
15,000
1,141
16,141
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
At 31 August 2024
10,753
629
11,382
At 31 August 2023
10,003
768
10,771
Advanced Printing Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
10,241
12,923
Accrued income and prepayments
-
109
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,906
4,046
Taxes and social security
3,532
3,272
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
12,200
6,073
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Average number of employees
During the year the average number of employees was 1 (2023: 1).