Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
APG Brands Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
APG Brands Ltd
for the Year Ended 31 December 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of APG Brands Ltd for the year ended 31 December 2014 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of APG Brands Ltd, as a body, in accordance with the terms of our engagement letterdated 4 November 2014. Our work has been undertaken solely to prepare for your approval the accounts of APG Brands Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than APG Brands Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that APG Brands Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of APG Brands Ltd. You consider that APG Brands Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of APG Brands 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 accounts.
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Jeremy Stewart, Chartered Accountants
Basepoint Centre
70 The Havens
Ipswich
IP3 9BF
30 September 2015
APG Brands Ltd
(Registration number: 08335005)
Abbreviated Balance Sheet at 31 December 2014
Note |
31 December 2014
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31 December 2013
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
- |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
2
APG Brands Ltd
(Registration number: 08335005)
Abbreviated Balance Sheet at 31 December 2014
......... continued
.........................................
Mr Aleksander Phillip Grabowski
Director
3
APG Brands Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Accounting policies |
Basis of preparation
Going concern
After making enquiries, the director has formed a judgment, at the time of approving the financial statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the going concern basis has been adopted for the preparation of these financial statements.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Motor vehicles |
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Deferred tax
Hire purchase and leasing
APG Brands Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 January 2014 |
76,000 |
76,000 |
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At 31 December 2014 |
76,000 |
76,000 |
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Depreciation |
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At 1 January 2014 |
19,000 |
19,000 |
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Charge for the year |
14,250 |
14,250 |
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At 31 December 2014 |
33,250 |
33,250 |
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Net book value |
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At 31 December 2014 |
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At 31 December 2013 |
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Share capital |
Allotted, called up and fully paid shares
31 December 2014 |
31 December 2013 |
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No. |
£ |
No. |
£ |
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