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REGISTERED NUMBER: 03790543 (England and Wales)















APAR LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024






APAR LIMITED (REGISTERED NUMBER: 03790543)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APAR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R S Vora
Mrs N Vora





SECRETARY: R S Vora





REGISTERED OFFICE: 2nd Floor, One Hobbs House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 03790543 (England and Wales)





ACCOUNTANTS: Albury Associates Limited
2nd Floor, One Hobbs House,
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

APAR LIMITED (REGISTERED NUMBER: 03790543)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 282 376
Investment property 5 431,000 437,000
431,282 437,376

CURRENT ASSETS
Debtors 6 70,584 70,431
Cash at bank and in hand 1,606 8,157
72,190 78,588
CREDITORS
Amounts falling due within one year 7 5,677 2,116
NET CURRENT ASSETS 66,513 76,472
TOTAL ASSETS LESS CURRENT
LIABILITIES

497,795

513,848

CREDITORS
Amounts falling due after more than one year 8 257,379 259,671
NET ASSETS 240,416 254,177

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 254,005 260,005
Retained earnings (13,689 ) (5,928 )
SHAREHOLDERS' FUNDS 240,416 254,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

APAR LIMITED (REGISTERED NUMBER: 03790543)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





R S Vora - Director


APAR LIMITED (REGISTERED NUMBER: 03790543)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Apar Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income is recognised when the property is occupied.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Investment property
Although the Companies Act require the systematic annual depreciation of fixed assets, the directors believe the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view, since the current value of properties, and changes to that value, are of primary importance rather a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation and the amount that might otherwise have been included cannot be separately identified or quantified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

APAR LIMITED (REGISTERED NUMBER: 03790543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 6,115
DEPRECIATION
At 1 July 2023 5,739
Charge for year 94
At 30 June 2024 5,833
NET BOOK VALUE
At 30 June 2024 282
At 30 June 2023 376

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 437,000
Revaluations (6,000 )
At 30 June 2024 431,000
NET BOOK VALUE
At 30 June 2024 431,000
At 30 June 2023 437,000

As at 30 June 2024, the directors' value of investment property was £431,000. The original cost of the property was £176,995. The difference has been included in the capital reserves as an unrealised gain.

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2013 176,995
Valuation in 2016 323,005
Valuation in 2020 (61,000 )
Valuation in 2021 10,000
Valuation in 2022 (67,000 )
Valuation in 2023 55,000
Valuation in 2024 (6,000 )
431,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 70,584 70,431

APAR LIMITED (REGISTERED NUMBER: 03790543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 900 900
Trade creditors 50 -
Amounts owed to associates 2,200 200
Other creditors 2,527 1,016
5,677 2,116

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 257,379 259,671

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more than 5 years 256,479 257,871

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 256,479 257,871

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Revaluation
reserve
£   
At 1 July 2023 260,005
Revaluation during the year (6,000 )

At 30 June 2024 254,005

12. RELATED PARTY DISCLOSURES

At the year-end date, included within other Debtors comprises of an amount £69,313 (2023: £69,313) owed by RVNV Properties Limited, a company in which the Directors have a beneficial interest.

The amount due is unsecured, interest-free and repayable on demand.

APAR LIMITED (REGISTERED NUMBER: 03790543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


13. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who each own 50% of the issued share capital.