APCOPS_LIMITED - Accounts

APCOPS LIMITED - Company Information

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Company Registration No. 09243262 (England and Wales)

APCOPS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

APCOPS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

APCOPS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

5,485

5,674

Current assets

Stocks

3,602

Debtors

21,725

247

Cash at bank and in hand

22,399

9,609

44,124

13,458

Creditors: amounts falling due within one year

(38,072)

(14,965)

Net current assets/(liabilities)

6,052

(1,507)

Total assets less current liabilities

11,537

4,167

Provisions for liabilities

(1,100)

10,437

3,067

Capital and reserves

Called up share capital

120

Profit and loss account

10,317

2,947

Shareholders' funds

10,437

3,067

For the financial year ended 31 March 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 11 August 2016

M Moosavinia

Director

Company Registration No. 09243262

APCOPS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

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 revenue recognised in the financial statements. Revenue is recognised when the company fulfils its contractual obligations to customers by supplying goods and services and excludes value added tax.

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:

Plant and machinery

20% straight line

1.5

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

APCOPS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2015

6,304

Additions

1,340

At 31 March 2016

7,644

Depreciation

At 1 April 2015

630

Charge for the year

1,529

At 31 March 2016

2,159

Net book value

At 31 March 2016

5,485

At 31 March 2015

5,674

Share capital

2016

2015

Allotted, called up and fully paid

60 Ordinary 'A' shares of £1 each

60 Ordinary 'B' shares of £1 each

120