APTO SOLUTIONS LIMITED - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05156307 (England and Wales)

Abbreviated Accounts for the Year Ended 31 October 2015

for

APTO SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P W Eggleston

J D Hawkey

P K Triffitt

SECRETARY:

P K Triffitt

REGISTERED OFFICE:

15 Pembroke Road

Clifton

Bristol

BS8 3BA

REGISTERED NUMBER:

05156307 (England and Wales)

ACCOUNTANTS:

West Country Accounting Services Limited

Chartered Accountants

Bristol

BS15 8DH

FIXED ASSETS

Tangible assets

2

29,721

33,547

CURRENT ASSETS

Stocks

6,194

-

Debtors

266,646

502,822

Cash at bank

1,037,635

858,216

1,310,475

1,361,038

CREDITORS

Amounts falling due within one year

1,137,023

1,137,908

NET CURRENT ASSETS

173,452

223,130

TOTAL ASSETS LESS CURRENT LIABILITIES

203,173

256,677

CAPITAL AND RESERVES

Called up share capital

3

278

278

Share premium

105,661

105,661

Profit and loss account

97,234

150,738

SHAREHOLDERS' FUNDS

203,173

256,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 March 2016 and were signed on its behalf by:

J D Hawkey - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Office equipment

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

168,344

Additions

15,375

At 31 October 2015

183,719

DEPRECIATION

At 1 November 2014

134,797

Charge for year

19,201

At 31 October 2015

153,998

NET BOOK VALUE

At 31 October 2015

29,721

At 31 October 2014

33,547

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

278

Ordinary

£1.00

278

278