ACS-APT Computer Systems Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02447522

ACS-APT Computer Systems Limited

Filleted Unaudited Financial Statements

31 March 2025

ACS-APT Computer Systems Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		401,040	401,859

Current assets

Debtors	8	356,834	410,993
Cash at bank and in hand		405,241	313,512
		---------	---------
		762,075	724,505

Creditors: amounts falling due within one year	9	135,734		118,710
		---------		---------
Net current assets			626,341	605,795
			------------	------------
Total assets less current liabilities			1,027,381	1,007,654

Creditors: amounts falling due after more than one year	10		7,500	7,500

Provisions

Taxation including deferred tax	30,335	30,680
	------------	------------
Net assets	989,546	969,474
	------------	------------

Capital and reserves

Called up share capital	2	2
Profit and loss account	989,544	969,472
	---------	---------
Shareholder funds	989,546	969,474
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ACS-APT Computer Systems Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 10 December 2025 , and are signed on behalf of the board by:

Mr S Devlukia

Director

Company registration number: 02447522

ACS-APT Computer Systems Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 22, Empire Centre, Imperial Way, Watford, Hertfordshire, WD24 4YH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably measured.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% to 33% straight line

Investment property

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

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 9 ).

5. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	250,000	250,000
	---------	---------

6. Tangible assets

	Land and buildings	Equipment	Total
	£	£	£
Cost
At 1 April 2024	400,000	18,666	418,666
Additions	–	479	479
Disposals	–	( 3,419)	( 3,419)
	---------	--------	---------
At 31 March 2025	400,000	15,726	415,726
	---------	--------	---------
Depreciation
At 1 April 2024	–	16,807	16,807
Charge for the year	–	1,299	1,299
Disposals	–	( 3,420)	( 3,420)
	---------	--------	---------
At 31 March 2025	–	14,686	14,686
	---------	--------	---------
Carrying amount
At 31 March 2025	400,000	1,040	401,040
	---------	--------	---------
At 31 March 2024	400,000	1,859	401,859
	---------	--------	---------

The fair value of the Company's investment property has been determined on the basis of valuation carried out at the yearend date by a director having recent experience in the location and category of the property being valued. The fair value was determined based on the market comparable approach that reflects recent yield .

7. Cash at bank

Included within cash at bank is a balance amounting to £7,500, which is a rental deposit that is not available for the company's trading activities.

8. Debtors

	2025	2024
	£	£
Trade debtors	48,560	345,503
Amounts owed by group undertakings and undertakings in which the company has a participating interest	302,896	54,465
Other debtors	5,378	11,025
	---------	---------
	356,834	410,993
	---------	---------

The amounts due from group undertakings are unsecured, interest free and recoverable on demand.

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	22,253	8,456
Corporation tax	55,270	23,217
Social security and other taxes	50,687	62,626
Defined contribution plan	1,305	1,009
Other creditors	6,219	23,402
	---------	---------
	135,734	118,710
	---------	---------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	7,500	7,500
	-------	-------

11. Operating leases

As lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	5,865	5,865
	-------	-------

As lessor

The total future minimum lease payments receivable under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	27,500	30,000
Later than 1 year and not later than 5 years	–	27,500
	--------	--------
	27,500	57,500
	--------	--------

12. Reserves

Retained earnings includes £174,005 relating to non-distributable reserves.

13. Related party transactions

Sales amounting to Nil (2024: £5,420) were charged to entities controlled by the directors. At the balance sheet date the amount outstanding was £Nil (2024: £Nil). The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group .

14. Controlling party

The company is wholly owned subsidiary of Pedoria Group Limited . There is no single controlling party throughout the current and previous period .