A.P.T. Capital Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

1. General Information

A.P.T. Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09631543 . The registered office is 2nd Floor 51 East Cheap, London, EC3M 1JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

2.2. Turnover

Futures- In case of intra-day transactions, profit / loss is recognised on the basis of trade. However, at the end of each trading day positions are marked to market, i.e., the positions are valued on the basis of closing price through the statement of profit & loss.

At the time of expiry, the unsquared-off positions are automatically settled and the final settlement value is recognised through the statement of profit & loss.

Options- In case of intra-day transactions, profit / loss is recognised on the basis of premium received / paid on the trade date.

At the time of expiry, if the holder / writer exercises the option, then the profit on settled quantity, whether assigned / exercised, is recognised through the statement of profit & loss."

2.3. Research and Development

The company capitalises development costs related to the creation or enhancement of software, patents, and other intellectual property when it is probable that the related product or service will generate future economic benefits, and the costs can be reliably measured.

Recognition and measurement

The company recognises development costs as intangible assets when all of the following criteria are met

the development costs relate to an identifiable asset that is controlled by the company;
it is probable that the asset will generate future economic benefits;
the development costs can be measured reliably.

The company adopts policy to amortise the development cost once it starts generating revenue.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

18 % Straight Line Method

2.5. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.7. Deferred taxation

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected at apply in the periods when the timing differences will reverse.

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Page 3

A.P.T. Capital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Derivative financial instruments for trading purposes

The company uses derivative financial instruments, including options and futures, for trading purposes. These instruments are entered into with the intention of making a profit or for speculative purposes, rather than for the purpose of reducing or hedging the risk associated with underlying assets or liabilities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 April 2024	10,745,866
Additions	379,343

As at 31 March 2025	11,125,209

Net Book Value
As at 31 March 2025	11,125,209

As at 1 April 2024	10,745,866

During the year ended 31 March 2024, the Company capitalized interest costs totalling £191,606 related to development of intangible assets, in accordance with accounting policy.

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	545,984
Additions	203

As at 31 March 2025	546,187

Depreciation
As at 1 April 2024	176,552
Provided during the period	66,534

As at 31 March 2025	243,086

Net Book Value
As at 31 March 2025	303,101

As at 1 April 2024	369,432

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A.P.T. Capital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	361,078	324,160
Derivatives (option) inventory	15,844	64,347
Other debtor	(17,051 )	6,362,170
Derivative (stock) inventory	-	(4,077,742 )
Deferred tax current asset	629,448	659,349

	989,319	3,332,284

7. Current Asset Investments

	2025	2024
	£	£
Listed investments	616,655	1,060,165

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	388,322	2,482,120
Accruals and deferred income	8,000	8,000
Other taxes and social security (Short term Liabilities )	24,229	37,467

	420,551	2,527,587

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to participating interests	7,199,422	10,763,660

10. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11. Controlling Party

A.P.T. Research Private Limited is the ultimate parent company. The director of A.P.T. Research Private Limited are the ultimate controlling parties. A.P.T. Research Private Limited prepares the consolidated financial statement which can be obtained by writing to the registered address of the company.

12. Audit Information

The auditor's report on the accounts of A.P.T. Capital Limited for the year ended 31 March 2025 was unqualified.

The auditor's report was signed by Mr Opinder Singh Sawhney (Senior Statutory Auditor) for and on behalf of Sawhney Consulting , Statutory Auditor.

Sawhney Consulting

Harrow Business Centre

429-433 Pinner Road

Harrow

HA1 4HN

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		11,125,209		10,745,866
Tangible Assets	5		303,101		369,432

			11,428,310		11,115,298
CURRENT ASSETS
Debtors	6	989,319		3,332,284
Investments	7	616,655		1,060,165
Cash at bank and in hand		222,437		90,180

		1,828,411		4,482,629
Creditors: Amounts Falling Due Within One Year	8	(420,551 )		(2,527,587 )

NET CURRENT ASSETS (LIABILITIES)			1,407,860		1,955,042

TOTAL ASSETS LESS CURRENT LIABILITIES			12,836,170		13,070,340

Creditors: Amounts Falling Due After More Than One Year	9		(7,199,422 )		(10,763,660 )

NET ASSETS			5,636,748		2,306,680

CAPITAL AND RESERVES
Called up share capital			9,150,000		5,500,000
Income Statement			(3,513,252 )		(3,193,320 )

SHAREHOLDERS' FUNDS			5,636,748		2,306,680