Company Registration No. 13143781 (England and Wales)
Apex Premier Limited
Unaudited accounts
for the year ended 31 January 2023
Apex Premier Limited
Unaudited accounts
Contents
Apex Premier Limited
Company Information
for the year ended 31 January 2023
Directors
Colette Delaney-Smith
Mykola Kachmar
Company Number
13143781 (England and Wales)
Registered Office
1C Jardine House
Claremont Road
Teddington
TW11 8DH
United Kingdom
Accountants
CP Finance
Unit 11, Worton Court,
Worton Hall Estate, Worton Road
Isleworth
Middlesex
TW7 6ER
Apex Premier Limited
Statement of financial position
as at 31 January 2023
Inventories
880,664
800,874
Cash at bank and in hand
84,234
410
Creditors: amounts falling due within one year
(971,053)
(804,375)
Net current assets/(liabilities)
10,850
(156)
Net assets/(liabilities)
10,850
(156)
Called up share capital
10
10
Profit and loss account
10,840
(166)
Shareholders' funds
10,850
(156)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Mykola Kachmar
Director
Company Registration No. 13143781
Apex Premier Limited
Notes to the Accounts
for the year ended 31 January 2023
Apex Premier Limited is a private company, limited by shares, registered in England and Wales, registration number 13143781. The registered office is 1C Jardine House, Claremont Road, Teddington, TW11 8DH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Work in progress
880,664
800,874
The company is developing a property for sale and costs incurred to date are included in work in progress. Total cost on the development during the year was £1,531,647 and £650,983 was released to the profit and loss account for the sale of 3 properties.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,564
2,276
Taxes and social security
2,543
-
Other creditors
44,847
561,912
Loans from directors
922,099
240,187
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Apex Premier Limited
Notes to the Accounts
for the year ended 31 January 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan owed to director
240,187
681,912
-
922,099
240,187
681,912
-
922,099
General funding loan secured on the property asset included in work progress. Included in the current year is £155,318 of accrued interest owed on the loan.
9
Transactions with related parties
IMKO Ltd, a company owned by one of the directors was the main contractor for the building work on the development. Costs during the year were £490,397, including interest accrued on the balance outstanding of £42,316. At the year end the company was owed £42,316.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).