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REGISTERED NUMBER: 07856582 (England and Wales)









APOLLO BUSINESS SUPPLIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APOLLO BUSINESS SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: D J Barnett
M C Gardner





REGISTERED OFFICE: Unit 2
Shield Industrial Estate
Manor House Avenue
Southampton
Hampshire
SO15 0LF





REGISTERED NUMBER: 07856582 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,629 2,037

CURRENT ASSETS
Stocks 14,416 21,317
Debtors 5 116,089 94,243
Cash at bank and in hand 160,679 128,254
291,184 243,814
CREDITORS
Amounts falling due within one year 6 213,377 186,542
NET CURRENT ASSETS 77,807 57,272
TOTAL ASSETS LESS CURRENT LIABILITIES 79,436 59,309

CREDITORS
Amounts falling due after more than one year 7 (15,000 ) (25,000 )

PROVISIONS FOR LIABILITIES 8 (266 ) (272 )
NET ASSETS 64,170 34,037

CAPITAL AND RESERVES
Called up share capital 9 66 66
Capital redemption reserve 34 34
Retained earnings 64,070 33,937
SHAREHOLDERS' FUNDS 64,170 34,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:




M C Gardner - Director



D J Barnett - Director


APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Apollo Business Supplies 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of goods for the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2022 7,090 48,717 55,807
Disposals - (13,246 ) (13,246 )
At 30 November 2023 7,090 35,471 42,561
DEPRECIATION
At 1 December 2022 5,053 48,717 53,770
Charge for year 408 - 408
Eliminated on disposal - (13,246 ) (13,246 )
At 30 November 2023 5,461 35,471 40,932
NET BOOK VALUE
At 30 November 2023 1,629 - 1,629
At 30 November 2022 2,037 - 2,037

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 111,595 92,524
Other debtors 4,494 1,719
116,089 94,243

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 70,158 59,576
Taxation and social security 60,256 35,731
Other creditors 82,963 91,235
213,377 186,542

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 15,000 25,000

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 266 272

APOLLO BUSINESS SUPPLIES LIMITED (REGISTERED NUMBER: 07856582)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 272
Accelerated capital allowances (6 )
Balance at 30 November 2023 266

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
66 Ordinary £1 66 66

10. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.