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Company Registration No. 04877772 (England and Wales)
Apollo Limited Unaudited accounts for the year ended 31 March 2023
Apollo Limited Unaudited accounts Contents
Page
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Apollo Limited Company Information for the year ended 31 March 2023
Director
Paul F Sullivan
Secretary
Alison Sullivan
Company Number
04877772 (England and Wales)
Registered Office
92 Main Street Skidby Cottingham East Yorkshire HU16 5TH
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Apollo Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,048 
1,572 
Current assets
Debtors
4,979 
9,929 
Cash at bank and in hand
83,166 
112,525 
88,145 
122,454 
Creditors: amounts falling due within one year
(36,973)
(58,186)
Net current assets
51,172 
64,268 
Total assets less current liabilities
52,220 
65,840 
Provisions for liabilities
Deferred tax
(200)
(299)
Net assets
52,020 
65,541 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
52,018 
65,539 
Shareholders' funds
52,020 
65,541 
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 11 November 2023 and were signed on its behalf by
Paul F Sullivan Director Company Registration No. 04877772
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Apollo Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Apollo Limited is a private company, limited by shares, registered in England and Wales, registration number 04877772. The registered office is 92 Main Street, Skidby, Cottingham, East Yorkshire, HU16 5TH.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 5 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Apollo Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
14,033 
At 31 March 2023
14,033 
Depreciation
At 1 April 2022
12,461 
Charge for the year
524 
At 31 March 2023
12,985 
Net book value
At 31 March 2023
1,048 
At 31 March 2022
1,572 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,979 
9,929 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,526 
6,170 
Trade creditors
4,698 
2,107 
Taxes and social security
4,904 
9,863 
Loans from directors
12,590 
29,041 
Accruals
800 
800 
Deferred income
10,455 
10,205 
36,973 
58,186 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
200 
299 
2023 
2022 
£ 
£ 
Provision at start of year
299 
398 
Credited to the profit and loss account
(99)
(99)
Provision at end of year
200 
299 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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