IRIS Accounts Production v23.3.1.45 SC454815 director 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4548152022-07-31SC4548152023-07-31SC4548152022-08-012023-07-31SC4548152021-07-31SC4548152021-08-012022-07-31SC4548152022-07-31SC454815ns10:Originalns15:Scotland2022-08-012023-07-31SC454815ns14:PoundSterlingns10:Original2022-08-012023-07-31SC454815ns10:Originalns10:Director12022-08-012023-07-31SC454815ns10:Original2022-08-012023-07-31SC454815ns10:Original2023-07-31SC454815ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-31SC454815ns10:Originalns10:SmallEntities2022-08-012023-07-31SC454815ns10:Originalns10:AuditExemptWithAccountantsReport2022-08-012023-07-31SC454815ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-31SC454815ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-31SC454815ns10:Originalns10:FullAccounts2022-08-012023-07-31SC454815ns10:Originalns10:RegisteredOffice2022-08-012023-07-31SC454815ns10:Original2022-07-31SC454815ns10:Originalns5:CurrentFinancialInstruments2023-07-31SC454815ns10:Originalns5:CurrentFinancialInstruments2022-07-31SC454815ns5:ShareCapitalns10:Original2023-07-31SC454815ns5:ShareCapitalns10:Original2022-07-31SC454815ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-31SC454815ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-31SC454815ns10:Original2021-08-012022-07-31SC454815ns10:Originalns5:PlantMachinery2022-07-31SC454815ns10:Originalns5:PlantMachinery2022-08-012023-07-31SC454815ns10:Originalns5:PlantMachinery2023-07-31SC454815ns10:Originalns5:PlantMachinery2022-07-31
REGISTERED NUMBER: SC454815 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Apex Renewables Ltd

Apex Renewables Ltd (Registered number: SC454815)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountants 5

Apex Renewables Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A Simpson





REGISTERED OFFICE: 18 South Clunes
Kirkhill
Inverness
Highland
IV5 7PT





REGISTERED NUMBER: SC454815 (Scotland)





ACCOUNTANTS: William Watson & Company Accountants Ltd
51 Lynnhurst
Uddingston
G71 6SA

Apex Renewables Ltd (Registered number: SC454815)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,960 17,280

CURRENT ASSETS
Prepayments and accrued income 13,780 13,780
Cash at bank 2,778 6,984
16,558 20,764
CREDITORS
Amounts falling due within one year 5 54,657 58,382
NET CURRENT LIABILITIES (38,099 ) (37,618 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,139

)

(20,338

)

PROVISIONS FOR LIABILITIES 419 419
NET LIABILITIES (25,558 ) (20,757 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (25,559 ) (20,758 )
(25,558 ) (20,757 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2024 and were signed by:




A Simpson - Director


Apex Renewables Ltd (Registered number: SC454815)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Apex Renewables Ltd is a private company, limited by shares , registered in Scotland. 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 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Apex Renewables Ltd (Registered number: SC454815)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 136,540
DEPRECIATION
At 1 August 2022 119,260
Charge for year 4,320
At 31 July 2023 123,580
NET BOOK VALUE
At 31 July 2023 12,960
At 31 July 2022 17,280

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Tax 1,480 1,480
Directors' current accounts 50,677 54,902
Accrued expenses 2,500 2,000
54,657 58,382

Apex Renewables Ltd

Report of the Accountants to the Director of
Apex Renewables Ltd

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






William Watson & Company Accountants Ltd
51 Lynnhurst
Uddingston
G71 6SA


9 February 2024