APS GB Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06853544

APS GB Limited

Filleted Unaudited Financial Statements

30 November 2024

APS GB Limited

Financial Statements

Year Ended 30 November 2024

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

APS GB Limited

Statement of Financial Position

30 November 2024

	2024		2023
Note	£	£	£

Fixed Assets

Tangible assets	5		949,003	715,168

Current Assets

Stocks		187,350	187,350
Debtors	6	2,812,167	1,970,587
Cash at bank and in hand		47,274	53,814
		------------	------------
		3,046,791	2,211,751

Creditors: amounts falling due within one year	7	2,657,278		1,837,844
		------------		------------
Net Current Assets			389,513	373,907
			------------	------------
Total Assets Less Current Liabilities			1,338,516	1,089,075

Creditors: amounts falling due after more than one year	8		967,825	768,168

Provisions

Taxation including deferred tax	–	50,655
	------------	------------
Net Assets	370,691	270,252
	------------	------------

APS GB Limited

Statement of Financial Position (continued)

30 November 2024

	2024		2023
Note	£	£	£

Capital and Reserves

Called up share capital	10	6,000	6,000
Profit and loss account		364,691	264,252
		---------	---------
Shareholders Funds		370,691	270,252
		---------	---------

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 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 January 2026 , and are signed on behalf of the board by:

Mr G H Allen
Director

Company registration number: 06853544

APS GB Limited

Notes to the Financial Statements

Year Ended 30 November 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Occupation Lane, Hepthorne Lane, North Wingfield, Chesterfield, Derbyshire, S42 5JS. The company's place of business is Occupation Lane, Hepthorne Lane, North Wingfield, Chesterfield, Derbyshire, S42 5JS.

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. All of the members have consented to the preparation of abridged accounts in accordance with Section 444(2A) of the Companies Act 2006.

Revenue recognition

The turnover shown in the profit and loss account represents amounts earned during the year, exclusive of Value Added Tax.

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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Freehold Property	-	2% straight line
Plant and Machinery	-	20% straight line
Motor Vehicles	-	20% straight line
Office Equipment	-	20% straight line

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 25 (2023: 27 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 December 2023	285,659	739,951	84,870	25,244	1,135,724
Additions	372,653	10,363	3,542	2,773	389,331
Disposals	–	–	( 500)	–	( 500)
	---------	---------	--------	--------	------------
At 30 November 2024	658,312	750,314	87,912	28,017	1,524,555
	---------	---------	--------	--------	------------
Depreciation
At 1 December 2023	17,492	320,206	66,456	16,402	420,556
Charge for the year	9,607	130,169	12,882	2,838	155,496
Disposals	–	–	( 500)	–	( 500)
	---------	---------	--------	--------	------------
At 30 November 2024	27,099	450,375	78,838	19,240	575,552
	---------	---------	--------	--------	------------
Carrying amount
At 30 November 2024	631,213	299,939	9,074	8,777	949,003
	---------	---------	--------	--------	------------
At 30 November 2023	268,167	419,745	18,414	8,842	715,168
	---------	---------	--------	--------	------------

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.

6. Debtors

	2024	2023
	£	£
Trade debtors	725,060	731,141
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,646,188	866,183
Other debtors	440,919	373,263
	------------	------------
	2,812,167	1,970,587
	------------	------------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	209,031	131,567
Trade creditors	330,836	268,028
Amounts owed to group undertakings and undertakings in which the company has a participating interest	813,356	521,164
Social security and other taxes	750,662	381,651
Other creditors	67,761	144,501
Other creditors	485,632	390,933
	------------	------------
	2,657,278	1,837,844
	------------	------------

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

	2024	2023
	£	£
Bank loans and overdrafts	138,063	284,401
Other creditors	829,762	483,767
	---------	---------
	967,825	768,168
	---------	---------

9. Secured liabilities

The aggregate amount of secured liabilities, secured on the assets of the company at the year end were £1,242,062 (2023: £968,125)

10. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	6,000	6,000	6,000	6,000
	-------	-------	-------	-------

11. Director's advances, credits and guarantees

There are no directors' advances, credits or guarantees that require disclosure.

12. Related party transactions

At the year end, the related parties owed, or were owed by, APS GB Limited as follows:

		2024
		£
	Customise Limited	236,421
	CCM Holdings Limited	(813,356)
	Fleet and Vehicle Contracts Limited	1,409,767

APS GB Limited, Customise Ltd, CCM Holdings Limited and Fleet & Vehicles Contracts Limited are associated by the common director Mr G Allen. Mr G Allen owns all the shares in CCM Holdings Limited, which owns the whole shareholding in APS GB Limited, Customise Ltd and Fleet & Vehicle Contracts Limited.