Company Registration No. 10707099 (England and Wales)
APM Project Management Ltd
Unaudited accounts
for the year ended 30 April 2022
APM Project Management Ltd
Unaudited accounts
Contents
APM Project Management Ltd
Company Information
for the year ended 30 April 2022
Directors
Paul Murray
Alex Murray
Company Number
10707099 (England and Wales)
Registered Office
Warley Lodge
Warley Edge
HALIFAX
West Yorkshire
HX2 7RL
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
APM Project Management Ltd
Statement of financial position
as at
30 April 2022
Cash at bank and in hand
(13,275)
2,218
Creditors: amounts falling due within one year
(44,617)
(65,544)
Net current assets
35,978
70,860
Total assets less current liabilities
35,978
70,860
Creditors: amounts falling due after more than one year
(25,000)
(25,000)
Called up share capital
10
10
Profit and loss account
10,968
45,850
Shareholders' funds
10,978
45,860
For the year ending 30 April 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 19 January 2023 and were signed on its behalf by
Paul Murray
Director
Company Registration No. 10707099
APM Project Management Ltd
Notes to the Accounts
for the year ended 30 April 2022
APM Project Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 10707099. The registered office is Warley Lodge, Warley Edge, HALIFAX, West Yorkshire, HX2 7RL.
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.
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Amounts falling due within one year
Other debtors
93,870
134,186
APM Project Management Ltd
Notes to the Accounts
for the year ended 30 April 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
34,136
55,130
Other creditors
9,831
9,789
7
Creditors: amounts falling due after more than one year
2022
2021
Aggregate of amounts that fall due for payment after five years
4,167
4,167
In the period ending 30 April 2021 the company received a Bounce Back Loan of £25,000, which is a 100% UK Government backed loan.
Under the terms of the loan, the fees and interest incurred in the first 12 months are settled on behalf of the company by the UK Government. During this accounting period, grant income of £10 (2021 - £615) was received to cover the interest due of £10 (2021 - £615) on this loan.
After the first 12 months, an interest rate of 2.5% is applicable. The initial length of the loan is for six years, with an option to extend to ten years under the Bounce Back Loan Scheme.
8
Transactions with related parties
At the year end the company was owed £93,870 (2021 - £134,185) from related companies. No interest has been charged and the amounts are repayable on demand.
APM Assets Ltd, Warley Lodge, Warley Edge, Halifax, West Yorkshire, England, HX2 7RL
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).