Abbreviated Company Accounts - ADVANCED PROFILING SERVICES LTD

ADVANCED PROFILING SERVICES LTD - Company Information

07005958 ADVANCED PROFILING SERVICES LTD 2015-12-31 false 2015-01-01 2015-12-31 true 07005958 2015-01-01 2015-12-31 07005958 2015-12-31 07005958 2014-12-31 07005958 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07005958 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07005958

ADVANCED PROFILING SERVICES LTD

Abbreviated Accounts

31 December 2015

ADVANCED PROFILING SERVICES LTD Registered Number 07005958

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	20,000	25,000
Tangible assets	3	49,366	35,406
		69,366	60,406
Current assets
Stocks		1,200	1,500
Debtors		99,366	71,510
		100,566	73,010
Creditors: amounts falling due within one year		(150,170)	(128,000)
Net current assets (liabilities)		(49,604)	(54,990)
Total assets less current liabilities		19,762	5,416
Creditors: amounts falling due after more than one year		(6,233)	(14,612)
Provisions for liabilities		(9,873)	-
Total net assets (liabilities)		3,656	(9,196)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		3,556	(9,296)
Shareholders' funds		3,656	(9,196)

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 29 September 2016

And signed on their behalf by:
S Jones, Director

ADVANCED PROFILING SERVICES LTD Registered Number 07005958

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 January 2015

Turnover policy
Turnover represents the amounts receivable for precision metal profiled goods net of vat and trade discounts.

Turnover is recognised on date of invoice.

Tangible assets depreciation policy
All assets are recorded at cost.

Depreciation is calculated at the following rates:-

Plant and machinery 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor Vehicles 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 January 2015	50,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	50,000
Amortisation
At 1 January 2015	25,000
Charge for the year	5,000
On disposals	-
At 31 December 2015	30,000
Net book values
At 31 December 2015	20,000
At 31 December 2014	25,000

3Tangible fixed assets

	£
Cost
At 1 January 2015	50,132
Additions	26,159
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	76,291
Depreciation
At 1 January 2015	14,726
Charge for the year	12,199
On disposals	-
At 31 December 2015	26,925
Net book values
At 31 December 2015	49,366
At 31 December 2014	35,406

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100