Company Registration No. 07761758 (England and Wales)
AP2 (2011) LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
AP2 (2011) LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
AP2 (2011) LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
763
331
Investments
2
15,000
15,000
15,763
15,331
Current assets
Debtors
8,788
-
Cash at bank and in hand
549
1,219
9,337
1,219
Creditors: amounts falling due within one year
(21,401)
(14,047)
Net current liabilities
(12,064)
(12,828)
Total assets less current liabilities
3,699
2,503
Provisions for liabilities
(130)
(66)
3,569
2,437
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
3,559
2,427
Shareholders' funds
3,569
2,437
For the financial year ended 30 September 2016 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 abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 19 June 2017
A Palmerio
Director
Company Registration No. 07761758
AP2 (2011) LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% Straight-line
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
AP2 (2011) LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 3 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 October 2015
388
15,000
15,388
Additions
619
-
619
At 30 September 2016
1,007
15,000
16,007
Depreciation
At 1 October 2015
57
-
57
Charge for the year
187
-
187
At 30 September 2016
244
-
244
Net book value
At 30 September 2016
763
15,000
15,763
At 30 September 2015
331
15,000
15,331
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Participating interests
Prestige Kiosks Limited
England & Wales
Ordinary
21.43
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Prestige Kiosks Limited
Specialised kiosk construction
31,741
67,039
Prestige Kiosks Limited results are for the year ended 28 February 2016.
3
Called up share capital
2016
2015
£
£
Allotted, called up and fully paid
10 Ordinary shares of £1 each
10
10