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Company Registration No. 05332610 (England and Wales)
APEX DECORATORS LIMITED Unaudited accounts for the year ended 31 January 2024
APEX DECORATORS LIMITED Unaudited accounts Contents
Page
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APEX DECORATORS LIMITED Company Information for the year ended 31 January 2024
Directors
Mr Keith Goddard Mrs Eileen Goddard Mr Dean Goddard Mr Darren Goddard
Company Number
05332610 (England and Wales)
Registered Office
227 EASTWOOD ROAD RAYLEIGH ESSEX SS6 7LE
Accountants
Tax Help Direct 1391 London Road Leigh-on-Sea Essex SS9 2SA
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APEX DECORATORS LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,346,802 
1,324,274 
Current assets
Inventories
37,228 
179,703 
Debtors
449,328 
330,715 
Cash at bank and in hand
586,267 
625,198 
1,072,823 
1,135,616 
Creditors: amounts falling due within one year
(521,743)
(501,681)
Net current assets
551,080 
633,935 
Total assets less current liabilities
1,897,882 
1,958,209 
Creditors: amounts falling due after more than one year
(26,325)
- 
Net assets
1,871,557 
1,958,209 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
1,871,357 
1,958,009 
Shareholders' funds
1,871,557 
1,958,209 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by
Mr Dean Goddard Director Company Registration No. 05332610
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APEX DECORATORS LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
APEX DECORATORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05332610. The registered office is 227 EASTWOOD ROAD, RAYLEIGH, ESSEX, SS6 7LE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
1,410,508 
Additions
87,793 
Disposals
(45,567)
At 31 January 2024
1,452,734 
Depreciation
At 1 February 2023
86,234 
Charge for the year
33,225 
On disposals
(13,527)
At 31 January 2024
105,932 
Net book value
At 31 January 2024
1,346,802 
At 31 January 2023
1,324,274 
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APEX DECORATORS LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Average number of employees
During the year the average number of employees was 6 (2023: 8).
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