Abbreviated Company Accounts - AP EXECUTIVE LIMITED

AP EXECUTIVE LIMITED - Company Information

Registered Number 05522151

AP EXECUTIVE LIMITED

Abbreviated Accounts

31 December 2015

AP EXECUTIVE LIMITED Registered Number 05522151

Abbreviated Balance Sheet as at 31 December 2015

	2015	2014
	£	£
Current assets
Debtors	37,070	53,971
Cash at bank and in hand	25	-
	37,095	53,971
Prepayments and accrued income	17,306	17,520
Creditors: amounts falling due within one year	(126,427)	(126,842)
Net current assets (liabilities)	(72,026)	(55,351)
Total assets less current liabilities	(72,026)	(55,351)
Creditors: amounts falling due after more than one year	(615,380)	(584,123)
Total net assets (liabilities)	(687,406)	(639,474)
Capital and reserves
Called up share capital	2	2
Other reserves	(687,408)	(639,476)
Shareholders' funds	(687,406)	(639,474)

For the year ending 31 December 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 September 2016

And signed on their behalf by:
Gina Le Prevost, Director

AP EXECUTIVE LIMITED Registered Number 05522151

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value ,net of value added tax and discounts ,of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Tangible assets are included at cost,less accumulated depreciation.
Depreciation is provided on a straight line basis over the economic useful lives of the assets.

The annual rates of depreciation are as follows:

Office Equipment 25%

Computer Equipment 33%

Full years depreciation is accounted in year of acquisition and none in year of disposal.

Other accounting policies
Going Concern

The Company is currently largely dependent on funding from the shareholder to stay solvent.
The shareholder has stated that she would continue to support the company for at least 12 months from the date these financial statements have been approved.