APT Concepts Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06146445 (England and Wales)

Unaudited Cessation Financial Statements

for the Period 1 April 2019 to 31 May 2020

for

APT Concepts Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

A C Bearsley

REGISTERED OFFICE:

Templeman House C1

The Point Office Park

Weaver Road

Lincoln

LN6 3QN

REGISTERED NUMBER:

06146445 (England and Wales)

ACCOUNTANTS:

Templeman Financial Limited

Templeman House C1

The Point Office Park

Weaver Road

Lincoln

Lincolnshire

LN6 3QN

FIXED ASSETS

Tangible assets

4

-

845

CURRENT ASSETS

Debtors

5

15,594

13,912

Cash at bank

-

8,660

15,594

22,572

CREDITORS

Amounts falling due within one year

6

15,593

23,245

NET CURRENT ASSETS/(LIABILITIES)

1

(673

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

172

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

-

171

SHAREHOLDERS' FUNDS

1

172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2020 and were signed by:

A C Bearsley - Director

1.	STATUTORY INFORMATION

APT Concepts Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

50% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2019

and 31 May 2020

3,367

DEPRECIATION

At 1 April 2019

2,522

Charge for period

845

At 31 May 2020

3,367

NET BOOK VALUE

At 31 May 2020

-

At 31 March 2019

845

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.20

31.3.19

£

£

Other debtors

15,594

13,912

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.20

31.3.19

£

£

Bank loans and overdrafts

34

-

Taxation and social security

15,559

23,245

15,593

23,245

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.20

31.3.19

value:

£

£

1

Ordinary

£1.00

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2019

171

Profit for the period

64,243

Dividends

(64,414

)

At 31 May 2020

-

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2020 and

the year ended 31 March 2019:

31.5.20

31.3.19

£

£

A C Bearsley

Balance outstanding at start of period

6,500

11,929

Amounts advanced

10,714

8,672

Amounts repaid

(6,500

)

(14,101

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

10,714

6,500

Interest was charged on the overdrawn loan account at the official rate of interest.

10.	RELATED PARTY DISCLOSURES

During the period, total dividends of £64,414 (2019 - £95,427) were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A C Bearsley.