Advanced Process Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09814811

Advanced Process Limited

Filleted Unaudited Financial Statements

31 October 2025

Advanced Process Limited

Statement of Financial Position

31 October 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	118,868	31,917

Current assets

Stocks		47,420	39,560
Debtors	6	326,790	115,150
Cash at bank and in hand		64,533	220,192
		---------	---------
		438,743	374,902

Creditors: amounts falling due within one year	7	299,413	253,929
		---------	---------
Net current assets		139,330	120,973
		---------	---------
Total assets less current liabilities		258,198	152,890

Creditors: amounts falling due after more than one year	8	8,361	–

Provisions	22,585	–
	---------	---------
Net assets	227,252	152,890
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	227,152	152,790
	---------	---------
Shareholders funds	227,252	152,890
	---------	---------

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 comprehensive income has not been delivered.

For the year ending 31 October 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 financial statements for the year in question in accordance with section 476 ;

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

Advanced Process Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 30 October 2026 , and are signed on behalf of the board by:

Mr R Deluca

Director

Company registration number: 09814811

Advanced Process Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Gee House, Holborn Hill, Birmingham, B7 5JR.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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 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 of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Motor vehicle - over 4 years

Fixtures,fittings,tools and equipment - over 4 years

Stock

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 first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

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.

Creditors

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.

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.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 November 2024	6,443	33,634	9,988	50,065
Additions	89,593	29,793	–	119,386
	--------	--------	-------	---------
At 31 October 2025	96,036	63,427	9,988	169,451
	--------	--------	-------	---------
Depreciation
At 1 November 2024	2,263	6,727	9,158	18,148
Charge for the year	19,207	12,685	543	32,435
	--------	--------	-------	---------
At 31 October 2025	21,470	19,412	9,701	50,583
	--------	--------	-------	---------
Carrying amount
At 31 October 2025	74,566	44,015	287	118,868
	--------	--------	-------	---------
At 31 October 2024	4,180	26,907	830	31,917
	--------	--------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	329,053	88,172
Other debtors	( 2,263)	26,978
	---------	---------
	326,790	115,150
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	11,000
Trade creditors	104,599	174,199
Corporation tax	28,087	21,514
Social security and other taxes	32,390	15,871
Credit card	42,377	12,140
Other creditors	86,960	19,205
	---------	---------
	299,413	253,929
	---------	---------

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

	2025	2024
	£	£
Other creditors	8,361	–
	-------	----

9. Other information

The directors will continue to support the financial arrangements of the company.