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REGISTERED NUMBER: 11505628 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2022

for

Apex Engineering & Testing Services
Limited

Apex Engineering & Testing Services
Limited (Registered number: 11505628)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Balance Sheet 1

Notes to the Financial Statements 2


Apex Engineering & Testing Services
Limited (Registered number: 11505628)

Balance Sheet
31 January 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Stocks 1,650 -
Debtors 4 17,169 30,547
Cash at bank and in hand 422 448
19,241 30,995
CREDITORS
Amounts falling due within one year 5 19,102 12,051
NET CURRENT ASSETS 139 18,944
TOTAL ASSETS LESS CURRENT LIABILITIES 139 18,944

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39 18,844
SHAREHOLDERS' FUNDS 139 18,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2022 and were signed by:




Mr M R Jackson - Director


Apex Engineering & Testing Services
Limited (Registered number: 11505628)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

Apex Engineering & Testing Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11505628

Registered office: Ostlers House
Ostlers Lane
Mobberley
Knutsford
Cheshire
WA16 7LY

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved, given the impact of the Coronavirus upon the economy and therefore the financial statements have been prepared on a going concern basis.

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

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Apex Engineering & Testing Services
Limited (Registered number: 11505628)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 6,980 6,382
Other debtors 10,189 24,165
17,169 30,547

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 6,194 1,601
Taxation and social security 9,496 8,629
Other creditors 3,412 1,821
19,102 12,051

Apex Engineering & Testing Services
Limited (Registered number: 11505628)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2022 and 31 January 2021:

2022 2021
£    £   
Mr M R Jackson
Balance outstanding at start of year 23,850 23,850
Amounts repaid (14,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,850 23,850