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REGISTERED NUMBER: 07088172 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

APEX RADIO CARS LTD

APEX RADIO CARS LTD (REGISTERED NUMBER: 07088172)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APEX RADIO CARS LTD

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: A ZULFIQAR





REGISTERED OFFICE: 1 APEX PARADE
SELVAGE LANE
MILL HILL
NW7 3JT





REGISTERED NUMBER: 07088172 (England and Wales)





ACCOUNTANTS: Hardy & Co
Accountants and tax advisers
111 Headstone Road
Harrow
Middlesex
HA1 1PG

APEX RADIO CARS LTD (REGISTERED NUMBER: 07088172)

Balance Sheet
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 177 236
177 236

CURRENT ASSETS
Cash at bank and in hand 503 3,632

CREDITORS
Amounts falling due within one year 6 16,526 28,440
NET CURRENT LIABILITIES (16,023 ) (24,808 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,846

)

(24,572

)

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings (15,851 ) (24,577 )
SHAREHOLDERS' FUNDS (15,846 ) (24,572 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

APEX RADIO CARS LTD (REGISTERED NUMBER: 07088172)

Balance Sheet - continued
31 OCTOBER 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 director and authorised for issue on 11 July 2024 and were signed by:





A ZULFIQAR - Director


APEX RADIO CARS LTD (REGISTERED NUMBER: 07088172)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

APEX RADIO CARS LTD 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of eight years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

APEX RADIO CARS LTD (REGISTERED NUMBER: 07088172)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 58,000
AMORTISATION
At 1 November 2022
and 31 October 2023 58,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 5,800
DEPRECIATION
At 1 November 2022 5,564
Charge for year 59
At 31 October 2023 5,623
NET BOOK VALUE
At 31 October 2023 177
At 31 October 2022 236

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security 166 80
Other creditors 16,360 28,360
16,526 28,440