Registered Number 04533353
ASIA PACIFIC CONCEPTS LIMITED
Abbreviated Accounts
30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Although the company is not currently trading it intends to recommence trading in the future. The balance sheet shows a deficit but the director and the parent company are the company's main creditors, and both will not demand repayment of their balance. The accounts have therefore been prepared on a going concern basis.
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Other accounting policies
The company is a wholly owned subsidiary of Ward Enterprises (HK) Ltd, a company incorporated in Hong Kong.
ULTIMATE CONTROLLING PARTY
The company's ultimate controlling party is Mr P M Ward (director) by virtue of his 95% shareholding in Ward Enterprises (HK) Ltd.