1 April 2022 false No description of principal activity Taxfiler 2023.9 06482030business:PrivateLimitedCompanyLtd2022-04-012023-03-31 064820302022-03-31 064820302022-04-012023-03-31 06482030business:AuditExemptWithAccountantsReport2022-04-012023-03-31 06482030business:FilletedAccounts2022-04-012023-03-31 064820302023-03-31 06482030business:Director12022-04-012023-03-31 064820302022-03-31 06482030core:WithinOneYear2023-03-31 06482030core:WithinOneYear2022-03-31 06482030core:AfterOneYear2023-03-31 06482030core:AfterOneYear2022-03-31 06482030core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06482030core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 06482030core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06482030core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 06482030core:PreviouslyStatedAmount2023-03-31 06482030core:PreviouslyStatedAmount2022-03-31 06482030business:SmallEntities2022-04-012023-03-31 06482030countries:EnglandWales2022-04-012023-03-31 06482030core:MotorVehicles2022-04-012023-03-31 06482030core:FurnitureFittings2022-04-012023-03-31 06482030core:ComputerEquipment2022-04-012023-03-31 06482030core:PlantMachinery2022-03-31 06482030core:MotorVehicles2022-03-31 06482030core:FurnitureFittings2022-03-31 06482030core:ComputerEquipment2022-03-31 06482030core:PlantMachinery2022-04-012023-03-31 06482030core:PlantMachinery2023-03-31 06482030core:MotorVehicles2023-03-31 06482030core:FurnitureFittings2023-03-31 06482030core:ComputerEquipment2023-03-31 06482030business:Director112022-04-012023-03-31 06482030business:Director112022-03-31 06482030business:Director112023-03-31 064820302021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 06482030 (England and Wales)
Apex Risk Management Limited Unaudited accounts for the year ended 31 March 2023
Apex Risk Management Limited Unaudited accounts Contents
Page
- 2 -
Apex Risk Management Limited Company Information for the year ended 31 March 2023
Director
Phillip Perkins
Company Number
06482030 (England and Wales)
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
- 3 -
Apex Risk Management Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
90,459 
139,983 
Current assets
Inventories
5,543 
117 
Debtors
391,881 
384,873 
Cash at bank and in hand
2,219 
500 
399,643 
385,490 
Creditors: amounts falling due within one year
(369,430)
(366,596)
Net current assets
30,213 
18,894 
Total assets less current liabilities
120,672 
158,877 
Creditors: amounts falling due after more than one year
(228,649)
(220,594)
Net liabilities
(107,977)
(61,717)
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
(108,078)
(61,818)
Shareholders' funds
(107,977)
(61,717)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 September 2023 and were signed on its behalf by
Phillip Perkins Director Company Registration No. 06482030
- 4 -
Apex Risk Management Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Apex Risk Management Limited is a private company, limited by shares, registered in England and Wales, registration number 06482030.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
156,961 
193,465 
540 
7,491 
358,457 
Additions
318 
4,345 
- 
749 
5,412 
At 31 March 2023
157,279 
197,810 
540 
8,240 
363,869 
Depreciation
At 1 April 2022
76,707 
134,675 
23 
7,069 
218,474 
Charge for the year
25,655 
28,433 
129 
719 
54,936 
At 31 March 2023
102,362 
163,108 
152 
7,788 
273,410 
Net book value
At 31 March 2023
54,917 
34,702 
388 
452 
90,459 
At 31 March 2022
80,254 
58,790 
517 
422 
139,983 
- 5 -
Apex Risk Management Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
260,737 
263,546 
Accrued income and prepayments
17,949 
21,133 
Other debtors
34,724 
44,195 
313,410 
328,874 
Amounts falling due after more than one year
Other debtors
78,471 
55,999 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
87,018 
83,222 
VAT
74,885 
73,447 
Obligations under finance leases and hire purchase contracts
18,159 
18,159 
Trade creditors
94,933 
82,870 
Taxes and social security
214,580 
207,215 
Other creditors
81,208 
38,409 
Loans from directors
(238,886)
(172,304)
Accruals
37,533 
35,578 
369,430 
366,596 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
190,714 
164,518 
Obligations under finance leases and hire purchase contracts
37,935 
56,076 
228,649 
220,594 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Phillip Perkins
Phillip Perkins
172,304 
66,582 
- 
238,886 
172,304 
66,582 
- 
238,886 
9
Average number of employees
During the year the average number of employees was 32 (2022: 32).
- 6 -