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REGISTERED NUMBER: 04210518 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

APS Automotive Limited

APS Automotive Limited (Registered number: 04210518)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APS Automotive Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: A P Styles





SECRETARY: A P Styles





REGISTERED OFFICE: 21 Gold Tops
Newport
South Wales
NP20 4PG





REGISTERED NUMBER: 04210518 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

APS Automotive Limited (Registered number: 04210518)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 339,392 349,234

CURRENT ASSETS
Stocks 2,215 2,345
Debtors 6 117,869 118,723
Investments 7 535,904 515,646
Cash at bank and in hand 578,171 440,974
1,234,159 1,077,688
CREDITORS
Amounts falling due within one year 8 131,631 143,712
NET CURRENT ASSETS 1,102,528 933,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,441,920

1,283,210

PROVISIONS FOR LIABILITIES 10,360 9,203
NET ASSETS 1,431,560 1,274,007

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 1,431,558 1,274,005
SHAREHOLDERS' FUNDS 1,431,560 1,274,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

APS Automotive Limited (Registered number: 04210518)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 25 July 2025 and were signed by:





A P Styles - Director


APS Automotive Limited (Registered number: 04210518)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

APS Automotive Limited is a private company, limited by shares and is incorporated in England and Wales. The company's registered number is 04210518 and the address of its registered office is 21 Gold Tops, Newport, South Wales, NP20 4PG.

These financial statements are the company's separate financial statements, covering the year to 31 March 2025 and are presented in Sterling (£), the company's functional currency, rounded to the nearest pound.

The accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

2. STATEMENT OF COMPLIANCE

The individual financial statements of APS Automotive Limited have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax and is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property improvements - 2% on cost
Plant and machinery etc - 25% on cost and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


APS Automotive Limited (Registered number: 04210518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery
improvements etc Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 392,861 69,209 462,070
DEPRECIATION
At 1 April 2024 51,627 61,209 112,836
Charge for year 7,857 1,985 9,842
At 31 March 2025 59,484 63,194 122,678
NET BOOK VALUE
At 31 March 2025 333,377 6,015 339,392
At 31 March 2024 341,234 8,000 349,234

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 18,436 20,768
Other debtors 99,433 97,955
117,869 118,723

APS Automotive Limited (Registered number: 04210518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CURRENT ASSET INVESTMENTS
31.3.25 31.3.24
£    £   
Listed investments 535,904 515,646

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 21,825 19,712
Taxation and social security 73,799 71,147
Other creditors 36,007 52,853
131,631 143,712

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
2 Ordinary £1 2 2

10. RELATED PARTY DISCLOSURES

The following are transactions and balances with those holding a participating interest:

Dividends of £3,500 (2024:£8,000) were paid.
Creditors includes £24,860 (2024:£40,615).
Included in debtors is an amount of £96,615 (2024:£96,615).

Income includes £2,000. Expenditure includes £30,000.

There is no fixed repayment date on these outstanding amounts and no interest has been charged.