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Registration number: 13347011

Aputiak Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 30 April 2025

Aputiak Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2
Notes to the Unaudited Abridged Financial Statements | 3 to 5

Aputiak Limited

Company Information

Directors | Mrs Ann Daniels Gareth Anthony O'Connor

Registered office | 1 Morgans Cottages The Square Whimple Devon EX5 2SP

Accountants | G W Thompson & Co Accountants Limited Chartered Certified Accountants 182 Front Street Chester-le-Street Co. Durham DH3 3AZ

Aputiak Limited

(Registration number: 13347011)
Abridged Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 751,929 | 703,022
Current assets |  |  |
Cash at bank and in hand |  | 22,718 | 17,831
Creditors: Amounts falling due within one year |  | (3,979) | (466)
Net current assets |  | 18,739 | 17,365
Total assets less current liabilities |  | 770,668 | 720,387
Creditors: Amounts falling due after more than one year |  | (822,947) | (763,458)
Net liabilities |  | (52,279) | (43,071)
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Retained earnings |  | (52,379) | (43,171)
Shareholders' deficit |  | (52,279) | (43,071)

For the financial year ending 30 April 2025 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been 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 Profit and Loss Account.

Approved and authorised by the Board on 10 June 2025 and signed on its behalf by:

......................................... Mrs Ann Daniels Director

Aputiak Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Morgans Cottages
The Square
Whimple
Devon
EX5 2SP
United Kingdom

These financial statements were authorised for issue by the Board on 10 June 2025.

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 abridged 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 abridged 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.

Going concern

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.

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.

Aputiak Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet 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
Long leasehold buildings. | 4% on cost.
Freehold buildings | 3% on cost.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Aputiak Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 May 2024 | 749,144 | 749,144
Additions | 75,073 | 75,073
At 30 April 2025 | 824,217 | 824,217
Depreciation
At 1 May 2024 | 46,122 | 46,122
Charge for the year | 26,166 | 26,166
At 30 April 2025 | 72,288 | 72,288
Carrying amount
At 30 April 2025 | 751,929 | 751,929
At 30 April 2024 | 703,022 | 703,022

Included within the net book value of land and buildings above is £621,582 (2024 - £566,595) in respect of freehold land and buildings and £130,347 (2024 - £136,427) in respect of long leasehold land and buildings.

5 | Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100