Registration number: SC431707

APS (Dundee) Ltd

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

APS (Dundee) Ltd

(Registration number: SC431707)
Statement of Financial Position as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	16,985	6,525
Current assets
Stocks	5	1,500	1,500
Debtors	6	193,705	132,556
Cash at bank and in hand		3,451	3,470
		198,656	137,526
Creditors: Amounts falling due within one year	7	(137,321)	(116,322)
Net current assets		61,335	21,204
Total assets less current liabilities		78,320	27,729
Creditors: Amounts falling due after more than one year	7	(41,623)	(42,521)
Net assets/(liabilities)		36,697	(14,792)
Capital and reserves
Called up share capital		2	2
Retained earnings		36,695	(14,794)
Shareholders' funds/(deficit)		36,697	(14,792)

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

APS (Dundee) Ltd

(Registration number: SC431707)
Statement of Financial Position as at 30 September 2024

......................................... Mr S Craig Director

......................................... Mr A Greene Director

APS (Dundee) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
29 Commercial Street
Dundee
Tayside
DD1 3DG
United Kingdom

The principal place of business is:
APS (Dundee) Ltd
3 Granary Terrace
Monikie
Broughty Ferry
Dundee
DD5 3UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

APS (Dundee) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% reducing balance

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 3 (2023 - 3).

APS (Dundee) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2023	723	47,112	47,835
Additions	-	13,519	13,519
At 30 September 2024	723	60,631	61,354
Depreciation
At 1 October 2023	371	40,939	41,310
Charge for the year	88	2,971	3,059
At 30 September 2024	459	43,910	44,369
Carrying amount
At 30 September 2024	264	16,721	16,985
At 30 September 2023	352	6,173	6,525

5

Stocks

	2024 £	2023 £
Work in progress	1,500	1,500

6

Debtors

Current	2024 £	2023 £
Trade debtors	35,016	6,777
Other debtors	158,689	125,779
	193,705	132,556

APS (Dundee) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		17,264	14,560
Trade creditors		50,727	47,975
Taxation and social security		27,837	15,027
Accruals and deferred income		2,378	2,870
Other creditors		39,115	35,890
		137,321	116,322

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		41,623	42,521

8

Dividends

Final dividends paid

		2024 £		2023 £
Final dividend of £1,500.00 (2023 - £Nil) per each Ordinary shares		3,000		-

APS (Dundee) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

9	Related party transactions

Transactions with Directors

2024	At 1 October 2023 £	Advances to Director £	Repayments by Director £	At 30 September 2024 £
Mr S Craig
Mr S Craig	62,889	37,876	(21,421)	79,344
	-	-	-	-
	62,889	37,876	(21,421)	79,344
Mr A Greene
Mr A Greene	62,889	37,876	(21,421)	79,344
	-	-	-	-
	62,889	37,876	(21,421)	79,344

2023	At 1 October 2022 £	Advances to Director £	Repayments by Director £	At 30 September 2023 £
Mr S Craig
Mr S Craig	35,252	41,153	(13,516)	62,889
	35,252	41,153	(13,516)	62,889
Mr A Greene
Mr A Greene	35,252	41,153	(13,516)	62,889
	35,252	41,153	(13,516)	62,889