Apricity Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC588729

		31 March 2025		28 February 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,887		-

			17,887		-
CURRENT ASSETS
Stocks	5	66,057		-
Debtors	6	96,233		-
Cash at bank and in hand		2		2

		162,292		2
Creditors: Amounts Falling Due Within One Year	7	(23,181 )		-

NET CURRENT ASSETS (LIABILITIES)			139,111		2

TOTAL ASSETS LESS CURRENT LIABILITIES			156,998		2

Creditors: Amounts Falling Due After More Than One Year	8		(157,713 )		-

NET (LIABILITIES)/ASSETS			(715 )		2

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(717 )		-

SHAREHOLDERS' FUNDS			(715)		2

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Apricity Developments Ltd

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Phil Irwin

Director

24th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Apricity Developments Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC588729 . The registered office is Clyde Offices, 2nd Floor 48 West George Street, Glasgow, Scotland, G2 1BP.

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 Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The director(s) have considered the financial position of the company, including its net liabilities,

and are satisfied that the company has adequate resources to continue in operational existence for

the foreseeable future. Accordingly, the financial statements have been prepared on a going concern

basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2024: 2)

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Apricity Developments Ltd

Notes to the Financial Statements (continued)

For the Period 29 February 2024 to 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 29 February 2024	-	-	-
Additions	2,798	20,119	22,917

As at 31 March 2025	2,798	20,119	22,917

Depreciation
As at 29 February 2024	-	-	-
Provided during the period	-	5,030	5,030

As at 31 March 2025	-	5,030	5,030

Net Book Value
As at 31 March 2025	2,798	15,089	17,887

As at 29 February 2024	-	-	-

5. Stocks

	31 March 2025	28 February 2024
	£	£
Work in progress	66,057	-

6. Debtors

	31 March 2025	28 February 2024
	£	£
Due within one year
VAT	8,143	-
Directors' loan accounts	65,862	-

	74,005	-
Due after more than one year
Corporation tax recoverable assets	22,228	-

	96,233	-

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	28 February 2024
	£	£
Corporation tax	22,228	-
Accruals and deferred income	953	-

	23,181	-

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

	31 March 2025	28 February 2024
	£	£
Amounts owed to participating interests	157,713	-

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Apricity Developments Ltd

Notes to the Financial Statements (continued)

For the Period 29 February 2024 to 31 March 2025

9. Share Capital

	31 March 2025	28 February 2024
	£	£
Allotted, Called up and fully paid	2	2

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