Company Registration No. 06768628 (England and Wales)
APM Cleaning & Repair Ltd.
Unaudited accounts
for the year ended 31 March 2025
APM Cleaning & Repair Ltd.
Unaudited accounts
Contents
APM Cleaning & Repair Ltd.
Company Information
for the year ended 31 March 2025
Company Number
06768628 (England and Wales)
Registered Office
B2 KINGFISHER HOUSE KINGSWAY
TEAM VALLEY TRADING ESTATE
GATESHEAD
NE11 0JQ
ENGLAND
Accountants
Payroll Simple Limited
1 Broadway
Lemington
Newcastle upon Tyne
NE15 7JY
APM Cleaning & Repair Ltd.
Accountants' report
Accountants' report to the director of APM Cleaning & Repair Ltd. (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Payroll Simple Limited
1 Broadway
Lemington
Newcastle upon Tyne
NE15 7JY
30 December 2025
APM Cleaning & Repair Ltd.
Statement of financial position
as at 31 March 2025
Tangible assets
219,837
185,307
Inventories
(80,000)
42,000
Cash at bank and in hand
244,174
37,064
Creditors: amounts falling due within one year
(451,974)
(515,318)
Net current liabilities
(49,048)
(38,217)
Total assets less current liabilities
170,789
147,090
Creditors: amounts falling due after more than one year
-
(24,239)
Net assets
170,789
122,851
Called up share capital
2
2
Profit and loss account
170,787
122,849
Shareholders' funds
170,789
122,851
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Samantha Read
Director
Company Registration No. 06768628
APM Cleaning & Repair Ltd.
Notes to the Accounts
for the year ended 31 March 2025
APM Cleaning & Repair Ltd. is a private company, limited by shares, registered in England and Wales, registration number 06768628. The registered office is B2 KINGFISHER HOUSE KINGSWAY, TEAM VALLEY TRADING ESTATE, GATESHEAD, NE11 0JQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% reducing balance
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in and out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
APM Cleaning & Repair Ltd.
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
111,502
81,785
81,970
275,257
Additions
-
4,074
57,066
61,140
Disposals
-
-
(6,050)
(6,050)
At 31 March 2025
111,502
85,859
132,986
330,347
At 1 April 2024
8,646
51,548
29,756
89,950
Charge for the year
1,029
5,585
15,245
21,859
On disposals
-
-
(1,299)
(1,299)
At 31 March 2025
9,675
57,133
43,702
110,510
At 31 March 2025
101,827
28,726
89,284
219,837
At 31 March 2024
102,856
30,237
52,214
185,307
Work in progress
(80,000)
12,000
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
APM Cleaning & Repair Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
238,752
294,334
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
15,695
64,411
Obligations under finance leases and hire purchase contracts
6,855
2,883
Trade creditors
26,340
49,998
Taxes and social security
99,100
74,672
Other creditors
179,808
136,336
A large amount of the VAT outstanding is on a payment plan with HMRC
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
6,981
9
Average number of employees
During the year the average number of employees was 110 (2024: 110).