Company Registration No. 12321848 (England and Wales)
APEX CONNECT LTD
Unaudited accounts
for the year ended 30 November 2023
APEX CONNECT LTD
Unaudited accounts
Contents
APEX CONNECT LTD
Company Information
for the year ended 30 November 2023
Director
Mohammed Aazaad Munsif
Company Number
12321848 (England and Wales)
Registered Office
Unit 9b
Upper trinity street
Birmingham
B9 4EG
United Kingdom
Accountants
A TO Z FINANCE SOLUTIONS LTD
C/O Wework, 55 Colmore Row
Birmingham
West Midlands
England
B3 2AA
APEX CONNECT LTD
Statement of financial position
as at 30 November 2023
Tangible assets
156,621
133,413
Cash at bank and in hand
1,148
1,443
Creditors: amounts falling due within one year
(219,090)
(175,768)
Net current liabilities
(217,942)
(165,684)
Net liabilities
(61,321)
(32,271)
Called up share capital
1
1
Profit and loss account
(61,322)
(32,272)
Shareholders' funds
(61,321)
(32,271)
For the year ending 30 November 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 15 August 2024 and were signed on its behalf by
Mohammed Aazaad Munsif
Director
Company Registration No. 12321848
APEX CONNECT LTD
Notes to the Accounts
for the year ended 30 November 2023
APEX CONNECT LTD is a private company, limited by shares, registered in England and Wales, registration number 12321848. The registered office is Unit 9b, Upper trinity street, Birmingham, B9 4EG, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
173,232
176
173,408
At 30 November 2023
240,765
176
240,941
At 1 December 2022
39,934
61
39,995
Charge for the year
44,302
23
44,325
At 30 November 2023
84,236
84
84,320
At 30 November 2023
156,529
92
156,621
At 30 November 2022
133,298
115
133,413
Amounts falling due within one year
Amounts falling due after more than one year
APEX CONNECT LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
25,000
35,000
Obligations under finance leases and hire purchase contracts
117,868
73,974
Trade creditors
4,056
13,280
Taxes and social security
1,224
1,561
Loans from directors
56,130
51,908
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).