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REGISTERED NUMBER: 03747339 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

AAP ARCHITECTURE LIMITED

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2017










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 4

Notes to the Financial Statements 6


AAP ARCHITECTURE LIMITED

COMPANY INFORMATION
for the year ended 31 MARCH 2017







DIRECTORS: Mr A A Picariello
Mr P J Burstow





REGISTERED OFFICE: 9 Bickels Yard
151-153 Bermondsey Street
London Bridge
London
SE1 3HA





REGISTERED NUMBER: 03747339 (England and Wales)





ACCOUNTANTS: Parker Randall
Chartered Accountants
9 Bickels Yard
151-153 Bermondsey Street
London Bridge
London
SE1 3HA

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AAP ARCHITECTURE LIMITED


The following reproduces the text of the report prepared for the directors and members in
respect of the company's annual unaudited financial statements. In accordance with the
Companies Act 2006, the company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of
the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of AAP Architecture Limited for the year ended 31 March 2017
which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AAP Architecture Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AAP Architecture Limited and state those matters that we have agreed to state to the Board of Directors of AAP Architecture Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AAP Architecture Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AAP Architecture Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AAP Architecture Limited. You consider that AAP Architecture Limited 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 financial statements of AAP Architecture Limited. 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 financial statements.






Parker Randall
Chartered Accountants
9 Bickels Yard
151-153 Bermondsey Street
London Bridge
London

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AAP ARCHITECTURE LIMITED


SE1 3HA


16 August 2017

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 171,635 129,688

CURRENT ASSETS
Stocks 5 18,500 15,000
Debtors 6 307,608 1,584,471
Cash at bank and in hand 668,900 143,199
995,008 1,742,670
CREDITORS
Amounts falling due within one year 7 347,308 419,624
NET CURRENT ASSETS 647,700 1,323,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

819,335

1,452,734

CREDITORS
Amounts falling due after more than
one year

8

(63,951

)

(661,574

)

PROVISIONS FOR LIABILITIES (90,488 ) (160,488 )
NET ASSETS 664,896 630,672

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

BALANCE SHEET - continued
31 MARCH 2017

2017 2016
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 110 110
Retained earnings 664,786 630,562
SHAREHOLDERS' FUNDS 664,896 630,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 August 2017 and were
signed on its behalf by:





Mr A A Picariello - Director


AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2017


1. STATUTORY INFORMATION

AAP Architecture Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2017


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance
sheet. Those held under hire purchase contracts are depreciated over their estimated useful
lives. Those held under finance leases are depreciated over their estimated useful lives or the
lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period.
The capital element of the future payments is treated as a liability.

Assets obtained under hire purchase contracts or finance lease are capitalised in the balance
sheet. Those held under hire purchase contracts are depreciated over their estimated useful
lives or the lease term, whichever is the shorter.

The interest element of these obligations are charged to the profit and loss account over the
relevant period. The capital element of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance lease are capitalised in the balance
sheet. Those held under hire purchase contracts are depreciated over their estimated useful
lives or the lease term, whichever is the shorter.

The interest element of these obligations are charged to the profit and loss account over the
relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 .

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2017


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2016 19,738 162,195 355,590 537,523
Additions 1,146 169,972 628 171,746
Disposals - (139,196 ) - (139,196 )
At 31 March 2017 20,884 192,971 356,218 570,073
DEPRECIATION
At 1 April 2016 17,131 72,359 318,345 407,835
Charge for year 938 46,546 9,468 56,952
Eliminated on disposal - (66,349 ) - (66,349 )
At 31 March 2017 18,069 52,556 327,813 398,438
NET BOOK VALUE
At 31 March 2017 2,815 140,415 28,405 171,635
At 31 March 2016 2,607 89,836 37,245 129,688

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2017


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as
follows:
Motor
vehicles
£   
COST
At 1 April 2016 84,368
Additions 169,972
Disposals (84,368 )
At 31 March 2017 169,972
DEPRECIATION
At 1 April 2016 42,362
Charge for year 42,493
Eliminated on disposal (42,362 )
At 31 March 2017 42,493
NET BOOK VALUE
At 31 March 2017 127,479
At 31 March 2016 42,006

5. STOCKS
2017 2016
£    £   
Work-in-progress 18,500 15,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2017 2016
£    £   
Trade debtors 305,490 415,100
AAP Group of Companies 1,062 1,062
Other debtors - 1,164,242
Prepayments 1,056 4,067
307,608 1,584,471

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2017


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2017 2016
£    £   
Hire purchase contracts 35,125 8,642
Trade creditors 10,641 23,889
Tax 63,430 117,501
Social security and other taxes 17,128 13,699
VAT 110,984 132,086
Accrued expenses 110,000 123,807
347,308 419,624

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2017 2016
£    £   
Bank loans - 2-5 years - 650,000
Hire purchase contracts 60,519 10,802
Director Current Ac 3,432 772
63,951 661,574

9. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank loans - 650,000
Hire purchase contracts 95,644 19,444
95,644 669,444

The hire purchase creditors are secured on the assets to which they relate

The bank holds an unlimited guarantee in the name of the director, Mr Alberto Picariello.

AAP ARCHITECTURE LIMITED (REGISTERED NUMBER: 03747339)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2017


10. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary £1 100 100
10 Ordinary Class "B" £1 10 10
110 110

11. RELATED PARTY DISCLOSURES

.

Mr P J Burstow
shareholder & director


Mr P Burstow received dividend in the sum of £20,000 (£17,500; 2016) during the year
under review.

AAP Group Ltd

A Holding Company


The company has paid a dividend in the sum of £240,000 ( 2016 ; £874,280) to its holding
company during the year under review.

12. ULTIMATE CONTROLLING PARTY

The ultimate parent company is AAP Group Holdings Ltd, a company incorporated in
England and Wales.