Apollo Diesel Injection Ltd 31/03/2018 iXBRL
Apollo Diesel Injection Ltd 31/03/2018 iXBRL
Company registration number:
SC547260
Unaudited filleted financial statements
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Accountants |
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Lochfield House | ||
135 Neilston Road | ||
Paisley | ||
PA2 6QL | ||
Bankers |
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9 Brandon Street | ||
Hamilton | ||
ML3 6BZ | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Apollo Diesel Injection Ltd
Period ended 31 March 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apollo Diesel Injection Ltd for the period ended 31 March 2018 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Apollo Diesel Injection Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Apollo Diesel Injection Ltd and state those matters that we have agreed to state to the board of directors of Apollo Diesel Injection Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Apollo Diesel Injection Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Apollo Diesel Injection Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Apollo Diesel Injection Ltd. You consider that Apollo Diesel Injection Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Apollo Diesel Injection Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Lochfield House
135 Neilston Road
Paisley
PA2 6QL
5 July 2018
Statement of financial position
31 March 2018
31/03/18 | |||||
Note | £ | £ | |||
Fixed assets | |||||
Tangible assets | 5 |
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Current assets | |||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||
within one year | 7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
05 July 2018
, and are signed on behalf of the board by:
Director
Company registration number:
SC547260
Statement of changes in equity
Period ended 31 March 2018
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 7 October 2016 | - | - | - | ||
Profit for the period |
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Total comprehensive income for the period | - |
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Issue of shares |
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Dividends paid and payable |
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Total investments by and distributions to owners |
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At 31 March 2018 |
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Notes to the financial statements
Period ended 31 March 2018
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Lochfield House, 135 Neilston Road, PA2 6QL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
Stocks
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
3
5.
Tangible assets
Plant and machinery | Total | ||
£ | £ | ||
Cost | |||
At 7 October 2016 | - | - | |
Additions | 23,723 | 23,723 | |
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At 31 March 2018 |
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Depreciation | |||
At 7 October 2016 | - | - | |
Charge for the year |
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At 31 March 2018 |
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Carrying amount | |||
At 31 March 2018 |
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6.
Debtors
31/03/18 | |||
£ | |||
Trade debtors |
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7.
Creditors: amounts falling due within one year
31/03/18 | |||
£ | |||
Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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