Registration number: 10819660

APT Developers Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

APT Developers Limited

Company Information

Directors

Mr X Peka Mr K Brati

Registered office

3 Commerce Road Brentford Middlesex TW8 8LE

Accountants

Grays Accountants Ltd

APT Developers Limited

(Registration number: 10819660)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,305,274	2,341,075
Current assets
Debtors	5	8,405	15,305
Cash at bank and in hand		8,649	2,102
		17,054	17,407
Creditors: Amounts falling due within one year	6	(948,818)	(1,803,333)
Net current liabilities		(931,764)	(1,785,926)
Total assets less current liabilities		1,373,510	555,149
Creditors: Amounts falling due after more than one year	6	(1,320,512)	(543,541)
Net assets		52,998	11,608
Capital and reserves
Called up share capital		100	100
Retained earnings		52,898	11,508
Shareholders' funds		52,998	11,608

For the financial 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 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 Profit and Loss Account.

Approved and authorised by the Board on 5 December 2025 and signed on its behalf by:
 

APT Developers Limited

(Registration number: 10819660)
Balance Sheet as at 31 March 2025

......................................... Mr X Peka Director

APT Developers Limited

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

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3 Commerce Road
Brentford
Middlesex
TW8 8LE

These financial statements were authorised for issue by the Board on 5 December 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 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.

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.

APT Developers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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.

In accordance with the provisions of Sections 16 and 17 of FRS102 on the basis that the company's freehold property is rented to a group company the property is accounted for under the general provisions of property, plant and equipment rather than within the provisions of Investment Property under Section 16. The company therefore applies the cost model to the property and depreciates the proportion of cost relating to the building.

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
Freehold property	2% on cost
Plant and machinery	6.67% on cost
Fixtures and fittings	20% 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

APT Developers Limited

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

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	2,432,233	14,410	86,778	2,533,421
At 31 March 2025	2,432,233	14,410	86,778	2,533,421
Depreciation
At 1 April 2024	145,154	14,410	32,782	192,346
Charge for the year	30,016	-	5,785	35,801
At 31 March 2025	175,170	14,410	38,567	228,147
Carrying amount
At 31 March 2025	2,257,063	-	48,211	2,305,274
At 31 March 2024	2,287,079	-	53,996	2,341,075

Included within the net book value of land and buildings above is £2,257,063 (2024 - £2,287,079) in respect of freehold land and buildings.
 

APT Developers Limited

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

5

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		-	6,900
Prepayments		8,405	8,405
		8,405	15,305

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	50,357	674,967
Amounts owed to group undertakings and undertakings in which the company has a participating interest		864,244	1,079,516
Taxation and social security		34,217	48,850
		948,818	1,803,333

Bank loans shown above are secured by way of charges over the company's investment properties.

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	1,320,512	543,541

Bank loans shown above are secured by way of charges over the company's investment properties.

APT Developers Limited

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

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,230,512	363,541
Other borrowings	90,000	180,000
	1,320,512	543,541

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	50,357	674,967

8	Parent and ultimate parent undertaking

The company's immediate parent is APT Scaffolding LImited, incorporated in United Kingdom.

 The most senior parent entity producing publicly available financial statements is APT Scaffolding Limited.