A.P. Leisure (UK) Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06451173 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

A.P. Leisure (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountant

5

DIRECTORS:

Mr Justin O'Donnell

Mr Liam O'Donnell

SECRETARY:

REGISTERED OFFICE:

Unit 5

Scottow Enterprise Park

Lamas Road

Baddersfield

Norfolk

NR10 5FB

REGISTERED NUMBER:

06451173 (England and Wales)

ACCOUNTANT:

Michael R Delph

CPFA

FMAAT AIBC

Delph & Co

Accountancy & Business Advisory Services

8 Home Farm Bus Park

Norwich Road

Marsham

Norwich

Norfolk

NR10 5PQ

FIXED ASSETS

Tangible assets

4

30,476

18,261

CURRENT ASSETS

Stocks

27,649

77,434

Debtors

5

105,070

84,149

132,719

161,583

CREDITORS

Amounts falling due within one year

6

158,187

145,301

NET CURRENT (LIABILITIES)/ASSETS

(25,468

)

16,282

TOTAL ASSETS LESS CURRENT LIABILITIES

5,008

34,543

CREDITORS

Amounts falling due after more than one year

7

47,654

22,368

NET (LIABILITIES)/ASSETS

(42,646

)

12,175

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(42,656

)

12,165

SHAREHOLDERS' FUNDS

(42,646

)

12,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 28 September 2018 and were signed on its behalf by:

Mr Justin O'Donnell - Director

1.	STATUTORY INFORMATION

A.P. Leisure (UK) Limited is a private company, limited by shares , registered in England and Wales. The 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 have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing

stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2016 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

64,533

Additions

30,440

At 31 December 2017

94,973

DEPRECIATION

At 1 January 2017

46,272

Charge for year

18,225

At 31 December 2017

64,497

NET BOOK VALUE

At 31 December 2017

30,476

At 31 December 2016

18,261

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Trade debtors

98,330

82,149

Other debtors

6,740

2,000

105,070

84,149

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Bank loans and overdrafts

11,655

3,822

Hire purchase contracts

8,831

6,939

Trade creditors

80,508

52,466

Taxation and social security

44,451

67,744

Other creditors

12,742

14,330

158,187

145,301

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/17

31/12/16

£

£

Bank loans

12,197

10,593

Hire purchase contracts

20,457

9,275

Other creditors

15,000

2,500

47,654

22,368

8.	ULTIMATE CONTROLLING PARTY

The Company is controlled by Justin O'Donnell & Liam O'Donnell who own 6 & 4 respectively, of the total of 10 ordinary

shares issued by the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

This report is made to you in accordance with the terms of our engagement. The work we have undertaken has been so that we

can compile these accounts, and report to you that we have done so, and to state those matters that we have agreed to state to you

in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than you for our work, or for this report.

We have carried out this engagement in accordance with the new UK GAAP (the body of accounting standards and other guidance

published by the UK's Financial Reporting Council) - being a new financial reporting framework in the UK effective for accounting

periods beginning on or after 1 January 2015.

The UK's Financial Reporting Council (FRC) has published five standards which together form the basis of the new UK regime.

The former Financial Reporting Standard for Smaller Entities (FRSSE) has been withdrawn and small entities brought within the

scope of Financial Reporting Standard 102 being the Financial Reporting Standard applicable in the UK and Republic of Ireland for

accounting periods beginning on or after 1st January 2016 - and in particular Section 1A of FRS102, which sets out the

presentation and disclosure requirements for small entities based on the new small companies regime within company law.

These accounts are intended to achieve full compliance with Section 1A of FRS102. There were no material departures from that

standard. We have made choices, as available, under the Companies Act and FRS102 regarding presentation and requirements to

make disclosures, as judged appropriate.

You have approved the accounts and have acknowledged your responsibility for that and for providing all information and

explanations necessary for their compilation.

True and Fair View

The financial statements of a small entity shall give a true and fair view of the assets,. liabilities, financial position and profit or loss

of the small entity for the reporting period (FRS102 1A 1A.5) (Section 393 of the Companies Act)

As Reporting Accountants we are of the opinion and confirm that no further disclosures in addition to those set out are needed or

necessary to enable these statements to give a true and fair view in order to comply with the requirement of paragraph 1A.5

(above); and also para 1A.16 (sufficient information) and 1A.17(material transaction(s))

We have not undertaken an Audit.

Michael R Delph

CPFA

FMAAT AIBC

Delph & Co

Accountancy & Business Advisory Services

8 Home Farm Bus Park

Norwich Road

Marsham

Norwich

Norfolk

NR10 5PQ

28 September 2018