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REGISTERED NUMBER: 11690122 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

APOLLO MOTOR COMPANY LIMITED

APOLLO MOTOR COMPANY LIMITED (REGISTERED NUMBER: 11690122)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APOLLO MOTOR COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 30TH NOVEMBER 2023







DIRECTOR: J Beswick





REGISTERED OFFICE: 13 Lodge Street
Ramsbottom
Bury
BL0 9AW





REGISTERED NUMBER: 11690122 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

APOLLO MOTOR COMPANY LIMITED (REGISTERED NUMBER: 11690122)

BALANCE SHEET
30TH NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,240 3,077

CURRENT ASSETS
Stocks 193,650 245,423
Debtors 5 54,648 13,772
Cash at bank 44,914 9,104
293,212 268,299
CREDITORS
Amounts falling due within one year 6 200,770 158,558
NET CURRENT ASSETS 92,442 109,741
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,682

112,818

CREDITORS
Amounts falling due after more than one
year

7

(16,663

)

(26,663

)

PROVISIONS FOR LIABILITIES - (585 )
NET ASSETS 81,019 85,570

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 81,017 85,568
81,019 85,570

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

APOLLO MOTOR COMPANY LIMITED (REGISTERED NUMBER: 11690122)

BALANCE SHEET - continued
30TH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th July 2024 and were signed by:





J Beswick - Director


APOLLO MOTOR COMPANY LIMITED (REGISTERED NUMBER: 11690122)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Apollo Motor Company 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.
Plant and machinery etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

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

APOLLO MOTOR COMPANY LIMITED (REGISTERED NUMBER: 11690122)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 5,709
Additions 3,910
At 30th November 2023 9,619
DEPRECIATION
At 1st December 2022 2,632
Charge for year 1,747
At 30th November 2023 4,379
NET BOOK VALUE
At 30th November 2023 5,240
At 30th November 2022 3,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 9,900 -
Amounts owed by associates 43,740 12,720
Other debtors 1,008 1,052
54,648 13,772

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 10,000 10,000
Amounts owed to associates 55,213 7,786
Taxation and social security 3,520 6,341
Other creditors 132,037 134,431
200,770 158,558

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans 16,663 26,663