REGISTERED NUMBER: 03747339 (England and Wales)

Financial statements for the year ended 31 March 2025

For

AAP Architecture Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Mr A A Picariello

Mr P J Burstow

REGISTERED OFFICE:

Level 30

The Leadenhall Building

122 Leadenhall Street

City of London

London

EC3V 4AB

REGISTERED NUMBER:

03747339 (England and Wales)

ACCOUNTANTS:

Parker Russell UK

Chartered Accountants

Level 30

The Leadenhall Building

122 Leadenhall Street

City of London

EC3V 4AB

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AAP Architecture Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AAP Architecture Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AAP Architecture Limited and state those matters that we have agreed to state to the Board of Directors of AAP Architecture Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AAP Architecture Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AAP Architecture Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of AAP Architecture Limited. You consider that AAP Architecture Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AAP Architecture Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Parker Russell UK

Chartered Accountants

Level 30

The Leadenhall Building

122 Leadenhall Street

City of London

EC3V 4AB

9 December 2025

Fixed assets

Tangible assets

4

169,023

211,572

Current assets

Stocks

5

46,585

42,350

Debtors

6

419,009

382,749

Cash at bank and in hand

228,365

388,698

693,959

813,797

Creditors

Amounts falling due within one year

7

331,729

302,993

Net current assets

362,230

510,804

Total assets less current liabilities

531,253

722,376

Creditors

Amounts falling due after more than one year

8

118,663

191,120

Net assets

412,590

531,256

Capital and reserves

Called up share capital

10

110

110

Retained earnings

412,480

531,146

Shareholders' funds

412,590

531,256

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 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.

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 9 December 2025 and were signed on its behalf by:

Mr A A Picariello - Director

1.	STATUTORY INFORMATION

AAP Architecture 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.

TURNOVER

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

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance lease are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations are charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

23,347

242,672

480,638

746,657

Additions

245

-

13,276

13,521

At 31 March 2025

23,592

242,672

493,914

760,178

DEPRECIATION

At 1 April 2024

21,552

77,467

436,066

535,085

Charge for year

306

41,302

14,462

56,070

At 31 March 2025

21,858

118,769

450,528

591,155

NET BOOK VALUE

At 31 March 2025

1,734

123,903

43,386

169,023

At 31 March 2024

1,795

165,205

44,572

211,572

5.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

46,585

42,350

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

353,217

348,311

Prepayments

65,792

34,438

419,009

382,749

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

40,000

40,000

Hire purchase contracts

32,457

32,457

Trade creditors

66,823

47,815

Social security and other taxes

24,095

24,968

VAT

150,583

156,743

Other creditors

2,771

1,010

Accrued expenses

15,000

-

331,729

302,993

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

26,667

66,667

Hire purchase contracts

36,495

68,952

Other creditors

55,501

55,501

118,663

191,120

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

66,667

106,667

Hire purchase contracts

68,952

101,409

135,619

208,076

The hire purchase creditors are secured on the assets to which they relate

The bank holds an unlimited guarantee in the name of the director, Mr Alberto Picariello.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

10

Ordinary Class "B"

£1

10

10

110

110

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is AAP Group Holdings Ltd.