Registered number
04153423
APS Investments Limited
Filleted Accounts for the year ended
31 July 2024
APS Investments Limited
Registered number: 04153423
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 612,865 612,865
Current assets
Debtors 4 200,043 224,266
Investments held as current assets 5 29,175 -
Cash at bank and in hand 31,255 15,474
260,473 239,740
Creditors: amounts falling due within one year 6 (346,266) (284,234)
Net current liabilities (85,793) (44,494)
Total assets less current liabilities 527,072 568,371
Creditors: amounts falling due after more than one year 7 (449,870) (449,870)
Net assets 77,202 118,501
Capital and reserves
Called up share capital 2 2
Fair value reserve 9 250,134 250,134
Profit and loss account (172,934) (131,635)
Shareholders' funds 77,202 118,501
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Alexandrou
Director
Approved by the board on 12 June 2025
APS Investments Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Investment properties are re-valued annually at fair value and the aggregate surplus or deficit is transferred to the profit and loss account. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS102. The directors consider that, because these properties are not held for consumption but for their investment potential, to depreciate them would not give a true and fair view and that it is necessary to adopt FRS102 in order to give a true and fair view. If this departure from the Act had not been made, the profit for the financial year would have been reduced by the amount of depreciation.
Investment property Nil
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Investment properties
£
Fair value
At 1 August 2023 612,865
At 31 July 2024 612,865
Depreciation
At 31 July 2024 -
Fair value
At 31 July 2024 612,865
At 31 July 2023 612,865
Freehold land and buildings: 2024 2023
£ £
Historical cost 362,731 362,731
Cumulative depreciation based on historical cost - -
362,731 362,731
Investment properties have been revalued by the director at the period end at the fair open market value.
4 Debtors 2024 2023
£ £
Director's loan 37,413 -
Other debtors 162,630 224,266
200,043 224,266
5 Investments held as current assets 2024 2023
£ £
Fair value
Listed investments 29,175 -
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments (14,437) -
6 Creditors: amounts falling due within one year 2024 2023
£ £
Associated company loans 343,367 281,814
Taxation and social security costs 1,439 -
Directors loan - 960
Other creditors 1,460 1,460
346,266 284,234
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 449,870 449,870
8 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 449,870 449,870
The investment properties have been secured by way of legal mortgage and fixed charge over the assets of the company.
9 Fair value reserve 2024 2023
£ £
At 1 August 2023 250,134 250,134
At 31 July 2024 250,134 250,134
10 Related party transactions
During the year, the company received rent of £21,074 from Atlantic Lodge (Housing) Limited, (2023 - £19,905), company in which the director A Alexandrou holds an interest. This transaction was on a commercial arms length basis.

During the year the company was loaned £343,367 by Atlantic Lodge (Housing) Limited, included in creditors (2023 - £281,814).

This is a company in which the director A Alexandrou holds an interest.
No interest is charged on this loan.
11 Director's loan
As at 31 July 2024, the director A Alexandrou was loaned £37,413 by the company.

This loan was repaid in full on 6 April 2025.
12 Controlling party
During the period under review, the company was under control by its director, A Alexandrou, by virtue of 100% ownership of the issued share capital (jointly with his wife).
13 Other information
APS Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
Atlantic Business Centre
1 The Green
London
E4 7ES
APS Investments Limited 04153423 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 A Alexandrou No description of principal activity 04153423 2022-08-01 2023-07-31 04153423 core:WithinOneYear 2023-07-31 04153423 core:AfterOneYear 2023-07-31 04153423 core:ShareCapital 2023-07-31 04153423 core:OtherReservesSubtotal 2023-07-31 04153423 core:RetainedEarningsAccumulatedLosses 2023-07-31 04153423 core:RevaluationReserve 2022-07-31 04153423 2023-08-01 2024-07-31 04153423 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04153423 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04153423 bus:Director40 2023-08-01 2024-07-31 04153423 1 2023-08-01 2024-07-31 04153423 2 2023-08-01 2024-07-31 04153423 countries:England 2023-08-01 2024-07-31 04153423 bus:FRS102 2023-08-01 2024-07-31 04153423 bus:FilletedAccounts 2023-08-01 2024-07-31 04153423 2024-07-31 04153423 core:WithinOneYear 2024-07-31 04153423 core:AfterOneYear 2024-07-31 04153423 core:ShareCapital 2024-07-31 04153423 core:OtherReservesSubtotal 2024-07-31 04153423 core:RetainedEarningsAccumulatedLosses 2024-07-31 04153423 core:LandBuildings 2024-07-31 04153423 core:RevaluationReserve 2024-07-31 04153423 2023-07-31 04153423 core:LandBuildings 2023-07-31 04153423 core:RevaluationReserve 2023-07-31 iso4217:GBP xbrli:pure