Company Registration No. 4905444 (England and Wales)
APS INN PROPERTIES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2014
APS INN PROPERTIES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
APS INN PROPERTIES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2014
31 October 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
81,242
81,722
Investments
2
-
1
81,242
81,723
Current assets
Debtors
38,550
61,709
Cash at bank and in hand
44,280
29,139
82,830
90,848
Creditors: amounts falling due within one year
(6,190)
(15,499)
Net current assets
76,640
75,349
Total assets less current liabilities
157,882
157,072
Capital and reserves
Called up share capital
3
3
3
Profit and loss account
157,879
157,069
Shareholders' funds
157,882
157,072
For the financial year ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 30 July 2015
Mr Joe Stone
Director
Company Registration No. 4905444
APS INN PROPERTIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2014
- 2 -
1
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 April 2008).
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 amounts receivable for goods and services net of VAT and trade discounts.
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:
Land and buildings Leasehold
Fixtures, fittings & equipment
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 November 2013
82,402
1
82,403
Disposals
-
(1)
(1)
At 31 October 2014
82,402
-
82,402
Depreciation
At 1 November 2013
680
-
680
Charge for the year
480
-
480
At 31 October 2014
1,160
-
1,160
Net book value
At 31 October 2014
81,242
-
81,242
At 31 October 2013
81,722
1
81,723
APS INN PROPERTIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
3 Ordinary Shares of £1 each
3
3