Company Registration No. 08647804 (England and Wales)
A P BRANDS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 AUGUST 2016
Faulkner House
Victoria Street
Rayner Essex LLP
St Albans
Chartered Accountants
Herts
AL1 3SE
A P BRANDS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
A P BRANDS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 AUGUST 2016
30 August 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
608
1,361
Current assets
Debtors
83,648
50,819
Cash at bank and in hand
48,408
61,160
132,056
111,979
Creditors: amounts falling due within one year
(115,188)
(15,859)
Net current assets
16,868
96,120
Total assets less current liabilities
17,476
97,481
Capital and reserves
Called up share capital
3
2
2
Share premium account
219,814
141,679
Profit and loss account
(202,340)
(44,200)
Shareholders' funds
17,476
97,481
For the financial year ended 30 August 2016 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.
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 25 May 2017
Mr T Lock
Director
Company Registration No. 08647804
A P BRANDS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 AUGUST 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
33% Straight line
2
Fixed assets
Tangible assets
£
Cost
At 31 August 2015
2,042
Additions
149
Disposals
(534)
At 30 August 2016
1,657
Depreciation
At 31 August 2015
680
Charge for the year
369
At 30 August 2016
1,049
Net book value
At 30 August 2016
608
At 30 August 2015
1,361
A P BRANDS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
200,000 Ordinary of 0.001p each
2
2
At the start of the year the company had issued 18,044 ordinary shares of £.0001, these were then sub divided into 180,440 shares of £0.00001 and a further 9,160 shares issued so that at the year end the company had 189,660 shares.
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
15,069 Ordinary shares of £0.0001
2
2
At the start of the year the company had issued 18,044 ordinary shares of £.0001, these were then sub divided into 180,440 shares of £0.00001 and a further 9,160 shares issued so that at the year end the company had 189,660 shares.
5
Ultimate parent company
The company is controlled by the director, Mr T Lock.