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REGISTERED NUMBER: 09467480 (England and Wales)



















Financial Statements

for the Year Ended 31 August 2023

for

APEX HOUSE 6 LIMITED

APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 59,684 70,216
Investment property 6 1,323,000 1,323,000
1,382,684 1,393,216

CURRENT ASSETS
Debtors 7 1,045,902 1,034,715
Cash at bank and in hand 11,254 30,527
1,057,156 1,065,242
CREDITORS
Amounts falling due within one year 8 105,542 119,403
NET CURRENT ASSETS 951,614 945,839
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,334,298

2,339,055

CREDITORS
Amounts falling due after more than one year 9 (1,302,183 ) (1,328,756 )

PROVISIONS FOR LIABILITIES (126,357 ) (126,004 )
NET ASSETS 905,758 884,295

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 905,658 884,195
SHAREHOLDERS' FUNDS 905,758 884,295

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 26 February 2024 and were signed on its behalf by:





Tanvier Singh Dulay - Director


APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)

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

1. STATUTORY INFORMATION

Apex House 6 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09467480

Registered office: 10 Harborne Road
Edgbaston
Birmingham
West Midlands
B15 3AA

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 as modified by the revaluation of certain 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)

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

3. EMPLOYEES AND DIRECTORS

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

4. AUDITORS' REMUNERATION
Period
1.4.21
Year Ended to
31.8.23 31.8.22
£    £   
Fees payable to the company's auditors for the audit of the company's
financial statements

3,000

3,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 110,973
DEPRECIATION
At 1 September 2022 40,757
Charge for year 10,532
At 31 August 2023 51,289
NET BOOK VALUE
At 31 August 2023 59,684
At 31 August 2022 70,216

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 1,350,000
DEPRECIATION
At 1 September 2022
and 31 August 2023 27,000
NET BOOK VALUE
At 31 August 2023 1,323,000
At 31 August 2022 1,323,000

APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2022 725,422
Cost 624,578
1,350,000

The investment property is presented at fair value and the last valuation report was provided by Fisher German LLP chartered surveyors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 56,533 45,390
Other debtors 989,369 989,325
1,045,902 1,034,715

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,750 7,750
Trade creditors 30,132 35,570
Taxation and social security 45,174 55,597
Other creditors 22,486 20,486
105,542 119,403

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 647,533 684,106
Other creditors 654,650 644,650
1,302,183 1,328,756

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 540,500 540,500

Repayable by instalments
Bank loans more 5 yr by instal 84,533 116,106

APEX HOUSE 6 LIMITED (REGISTERED NUMBER: 09467480)

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

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kulwinder Singh Chawla F.C.C.A. (Senior Statutory Auditor)
for and on behalf of Brindleys Limited

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2023 and the period ended 31 August 2022:

2023 2022
£    £   
Hardip Singh Dulay
Balance outstanding at start of year (644 ) (644 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (644 ) (644 )

12. RELATED PARTY DISCLOSURES

The following current assets are related party transactions with no terms attached

Woodbourne Group (Battens Drive) Ltd = £939,000 (939,000 in 2022)
Woodbourne Group (Mill Street) Ltd = £50,000 (£50,000 in 2022)

The following long term liabilities are related party transactions with no terms attached

Woodbourne Homes Ltd = £654,650 (£644,650in 2022)