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Company No: 02787716 (England and Wales)

APMS PRODUCTIONS LIMITED

Unaudited Financial Statements
For the financial year ended 28 February 2025
Pages for filing with the registrar

APMS PRODUCTIONS LIMITED

Unaudited Financial Statements

For the financial year ended 28 February 2025

Contents

APMS PRODUCTIONS LIMITED

BALANCE SHEET

As at 28 February 2025
APMS PRODUCTIONS LIMITED

BALANCE SHEET (continued)

As at 28 February 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 25,901 30,087
25,901 30,087
Current assets
Debtors 4 6,662 5,897
Cash at bank and in hand 31,863 79,544
38,525 85,441
Creditors: amounts falling due within one year 5 ( 18,259) ( 19,147)
Net current assets 20,266 66,294
Total assets less current liabilities 46,167 96,381
Net assets 46,167 96,381
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account 46,165 96,379
Total shareholders' funds 46,167 96,381

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of APMS Productions Limited (registered number: 02787716) were approved and authorised for issue by the Board of Directors on 08 May 2025. They were signed on its behalf by:

P Sarony-Frye
Director
APMS PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025
APMS PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 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

APMS Productions 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 17 Church Street, Poole, Dorset, BH15 1JP, 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 £.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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:

Leasehold improvements not depreciated
Vehicles 15 % reducing balance
Fixtures and fittings 15 % reducing balance
Office 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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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.

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.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Leasehold improve-
ments
Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £
Cost
At 01 March 2024 2,894 26,100 25,842 24,629 79,465
At 28 February 2025 2,894 26,100 25,842 24,629 79,465
Accumulated depreciation
At 01 March 2024 0 326 25,447 23,605 49,378
Charge for the financial year 0 3,866 59 261 4,186
At 28 February 2025 0 4,192 25,506 23,866 53,564
Net book value
At 28 February 2025 2,894 21,908 336 763 25,901
At 29 February 2024 2,894 25,774 395 1,024 30,087

4. Debtors

2025 2024
£ £
Trade debtors 3,920 0
Corporation tax 0 3,271
Other debtors 2,742 2,626
6,662 5,897

5. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 0 14,400
Other taxation and social security 3,193 750
Other creditors 15,066 3,997
18,259 19,147

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2