APSL Systems Limited - Accounts to registrar - small 17.2
APSL Systems Limited - Accounts to registrar - small 17.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 21 APRIL 2016 TO 30 JUNE 2017 |
FOR |
APSL SYSTEMS LIMITED |
APSL SYSTEMS LIMITED (REGISTERED NUMBER: 10139488) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 21 April 2016 to 30 June 2017 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
APSL SYSTEMS LIMITED |
COMPANY INFORMATION |
for the period 21 April 2016 to 30 June 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
BANKERS: |
17-23 Coventry Street |
Nuneaton |
CV11 5TD |
APSL SYSTEMS LIMITED (REGISTERED NUMBER: 10139488) |
ABRIDGED BALANCE SHEET |
30 June 2017 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Revaluation reserve | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
APSL SYSTEMS LIMITED (REGISTERED NUMBER: 10139488) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 21 April 2016 to 30 June 2017 |
1. | STATUTORY INFORMATION |
APSL Systems Limited is a |
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 the provisions of Section 1A "Small Entities" |
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of |
Ireland" and the Companies Act 2006. |
The financial statements are presented in sterling which is the functional currency of the company and is rounded |
to the nearest £1. |
The accounts have been prepared in accordance with applicable accounting standards. The principal accounting |
policies adopted in the preparation of the financial statements are set out below. |
Turnover |
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal |
course of business. Revenue is recognised in respect of service contracts when the company obtains the right to |
consideration. |
Tangible fixed assets |
Tangible fixed assets held for the company's own use are stated at fair value at the date of revaluation less any |
subsequent accumulated depreciation and impairment losses. |
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual |
value, over the expected useful lives on a straight line basis at rates of 33.3% - 50%. |
Taxation |
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent |
that it relates to items recognised in other comprehensive income or directly in equity. |
Current taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
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 |
APSL SYSTEMS LIMITED (REGISTERED NUMBER: 10139488) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 21 April 2016 to 30 June 2017 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST OR VALUATION |
Revaluations |
At 30 June 2017 |
DEPRECIATION |
Charge for period |
At 30 June 2017 |
NET BOOK VALUE |
At 30 June 2017 |
Cost or valuation at 30 June 2017 is represented by: |
Totals |
£ |
Valuation in 2017 | 10,950 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 100 |
6. | RESERVES |
Revaluation |
reserve |
£ |
Revaluation of fixed assets | 10,949 |
At 30 June 2017 |
7. | FINANCIAL COMMITMENTS |
At 30 June 2017, the company had total commitments under non-cancellable operating leases over the remaining |
life of those leases of £87,000. |