REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AIR POWER TECHNOLOGIES GROUP LTD |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AIR POWER TECHNOLOGIES GROUP LTD |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
|
|
|
AIR POWER TECHNOLOGIES GROUP LTD (REGISTERED NUMBER: 04837246) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 | to | 5 |
AIR POWER TECHNOLOGIES GROUP LTD |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
AIR POWER TECHNOLOGIES GROUP LTD (REGISTERED NUMBER: 04837246) |
|
ABBREVIATED BALANCE SHEET |
31 JULY 2016 |
|
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
|
|
Investments | 3 |
|
|
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Profit and loss account | ( |
) |
|
SHAREHOLDERS' FUNDS | ( |
) |
|
|
|
|
|
|
The director acknowledges his 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 were approved by the director on
|
|
|
|
|
|
|
|
AIR POWER TECHNOLOGIES GROUP LTD (REGISTERED NUMBER: 04837246) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
1. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
The company meets its day to day working capital requirements with the support of its associated |
company who have pledged continued financial support for the foreseeable future. On this basis the |
financial statements have been prepared on a going concern basis. |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Preparation of consolidated financial statements |
The financial statements contain information about Air Power Technologies Group Ltd as an individual |
company and do not contain consolidated financial information as the parent of a group. The |
company has taken the option under Section 398 of the Companies Act 2006 not to prepare |
consolidated financial statements. |
|
Intangible fixed assets |
No amortisation has been charged on intangible assets as they have not yet been brought into |
operational use in the business. When business commences the intangible assets will be amortised |
over their remaining economic life. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling |
at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
|
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual |
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument |
is any contract that evidences a residual interest in the assets of the company after deducting all of |
its liabilities. |
|
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2015 |
|
Additions |
|
At 31 July 2016 |
|
NET BOOK VALUE |
|
At 31 July 2016 |
|
At 31 July 2015 |
|
AIR POWER TECHNOLOGIES GROUP LTD (REGISTERED NUMBER: 04837246) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 August 2015 | 6 |
Disposals | (1 | ) |
At 31 July 2016 | 5 |
NET BOOK VALUE |
At 31 July 2016 |
|
At 31 July 2015 |
|
|
The company's investments at the Balance Sheet date in the share capital of companies include the |
following: |
|
|
Nature of business:
|
% |
Class of shares: | holding |
Ordinary | 100.00 |
|
|
£ | £ |
Aggregate capital and reserves | 1 | 1 |
|
|
Nature of business:
|
% |
Class of shares: | holding |
Ordinary | 100.00 |
|
|
£ | £ |
Aggregate capital and reserves | 1 | 1 |
|
|
Nature of business:
|
% |
Class of shares: | holding |
Ordinary | 100.00 |
|
|
£ | £ |
Aggregate capital and reserves | 1 | 1 |
|
|
Nature of business:
|
% |
Class of shares: | holding |
Ordinary | 100.00 |
|
|
£ | £ |
Aggregate capital and reserves | 1 | 1 |
AIR POWER TECHNOLOGIES GROUP LTD (REGISTERED NUMBER: 04837246) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JULY 2016 |
|
|
3. | FIXED ASSET INVESTMENTS - continued |
|
|
Nature of business:
|
% |
Class of shares: | holding |
Ordinary | 100.00 |
|
|
£ | £ |
Aggregate capital and reserves | 1 | 1 |
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
|
Ordinary | £1 |
|
|