APS Procurement Ltd,Ltd - Accounts

APS PROCUREMENT LIMITED - Company Information

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APS Procurement Ltd

For the year ended 31 December 2014

Unaudited Abbreviated Report and Financial Statements

Scotland

Registered Number: SC371537

Contents Page

APS Procurement Ltd

For the year ended 31 December 2014

Accountants' Report

Balance Sheet

Notes to the Abbreviated Financial Statements

APS Procurement Ltd

Accountants' Report

For the year ended 31 December 2014

As described on the balance sheet you are responsible for the preparation of the financial statements for the

year ended 31 December 2014 and you consider that the company is exempt from an audit under the

Companies Act 2006.

In accordance with your instructions, we 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 us.

Strong Tower Accounting Ltd

Chartered Management Accountants

Centurion Court

North Esplanade West

Aberdeen

AB11 5QH

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Abbreviated Balance Sheet

APS Procurement Ltd

As at 31 December 2014

SC371537

Registered Number :

2014

Notes

2013

Current assets

Debtors

(4,735)

375,073

Cash at bank and in hand

143,994

43,562

519,067

38,827

Creditors: amounts falling due within one year

(16,110)

(21,215)

22,717

497,852

Net current assets

Total assets less current liabilities

497,852

22,717

Creditors: amounts falling due after more than one year

(36,623)

(430,958)

66,894

Net assets/liabilities

(13,906)

Capital and reserves

Called up share capital

Profit and loss account

66,892

(13,906)

66,894

(13,906)

Shareholders funds

For the year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Date approved by the board: 30 June 2015

Mrs Adesola Agboola Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

APS Procurement Ltd

For the year ended 31 December 2014

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of

exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at

the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Debtors include an amount of £0 (2013: £(2)) falling due after more than one year

2 Debtors:

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