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REGISTERED NUMBER: 11004176 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2022

for

Apple Invest Limited

Apple Invest Limited (Registered number: 11004176)






Contents of the Financial Statements
for the Year Ended 31st October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Apple Invest Limited

Company Information
for the Year Ended 31st October 2022







DIRECTOR: Mr A Anderson





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF





REGISTERED NUMBER: 11004176 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Apple Invest Limited (Registered number: 11004176)

Balance Sheet
31st October 2022

31/10/22 31/10/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,810,046 8,949,835

CURRENT ASSETS
Debtors 5 1,929,650 17,565
Cash at bank 390 32,731
1,930,040 50,296
CREDITORS
Amounts falling due within one year 6 3,489,180 3,438,519
NET CURRENT LIABILITIES (1,559,140 ) (3,388,223 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,250,906

5,561,612

CREDITORS
Amounts falling due after more than
one year

7

(2,858,564

)

(50,000

)

PROVISIONS FOR LIABILITIES 9 (959,500 ) (959,500 )

ACCRUALS AND DEFERRED INCOME (880,704 ) -
NET ASSETS 4,552,138 4,552,112

Apple Invest Limited (Registered number: 11004176)

Balance Sheet - continued
31st October 2022

31/10/22 31/10/21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 4,545,500 4,545,500
Retained earnings 11 6,538 6,512
SHAREHOLDERS' FUNDS 4,552,138 4,552,112

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st February 2024 and were signed by:





Mr A Anderson - Director


Apple Invest Limited (Registered number: 11004176)

Notes to the Financial Statements
for the Year Ended 31st October 2022

1. STATUTORY INFORMATION

Apple Invest Limited is a private company, limited by shares , registered in England and Wales. 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.
Freehold property - not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Apple Invest Limited (Registered number: 11004176)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1st November 2021 8,949,835
Additions 1,860,211
At 31st October 2022 10,810,046
NET BOOK VALUE
At 31st October 2022 10,810,046
At 31st October 2021 8,949,835

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/22 31/10/21
£    £   
Amounts owed by group undertakings 1,429,449 -
Other debtors 437,529 13,078
VAT 62,672 -
Prepayments - 4,487
1,929,650 17,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/22 31/10/21
£    £   
Bank loans and overdrafts (see note 8) 3,336,498 1,442,826
Trade creditors 15,334 (2 )
Amounts owed to group undertakings - 1,856,842
Tax 79,034 76,314
Social security and other taxes 317 795
VAT - 12,638
Other creditors - 10,478
Directors' current accounts 57,997 38,628
3,489,180 3,438,519

Apple Invest Limited (Registered number: 11004176)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/10/22 31/10/21
£    £   
Bank loans (see note 8) 570,164 50,000
Due to Bondholders 2,288,400 -
2,858,564 50,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 394,669 -

8. LOANS

An analysis of the maturity of loans is given below:

31/10/22 31/10/21
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,336,498 1,442,826

Amounts falling due between one and two years:
Bank loans - 1-2 years 43,637 -

Amounts falling due between two and five years:
Bank loans - 2-5 years 131,858 50,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 394,669 -

9. PROVISIONS FOR LIABILITIES
31/10/22 31/10/21
£    £   
Deferred tax 959,500 959,500

Apple Invest Limited (Registered number: 11004176)

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

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2021 959,500
Balance at 31st October 2022 959,500

10. CALLED UP SHARE CAPITAL

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st November 2021 6,512 4,545,500 4,552,012
Profit for the year 26 26
At 31st October 2022 6,538 4,545,500 4,552,038