APEX HOUSING LIMITED

Company Registration Number:
09897333 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

APEX HOUSING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

APEX HOUSING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 5,221 6,962
Investments: 4 984,780 494,321
Total fixed assets: 990,001 501,283
Current assets
Debtors:   63,480 34,689
Cash at bank and in hand: 303,951 892,555
Total current assets: 367,431 927,244
Creditors: amounts falling due within one year: 5 (118,541) (405,770)
Net current assets (liabilities): 248,890 521,474
Total assets less current liabilities: 1,238,891 1,022,757
Total net assets (liabilities): 1,238,891 1,022,757
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,238,791 1,022,657
Shareholders funds: 1,238,891 1,022,757

The notes form part of these financial statements

APEX HOUSING LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 September 2024
and signed on behalf of the board by:

Name: E Teladia
Status: Director

The notes form part of these financial statements

APEX HOUSING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable net of discounts and value added taxes Turnover includes revenue earned from the sale of goods and from the rendering of services Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer Turnover from the rendering of services is recognised by reference to the stage of completion of the contract The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses Depreciation is provided on all tangible fixed assets other than freehold land at rates calculated to write off the cost less estimated residual value of each asset evenly over its expected useful life as follows Plant and machinery 25percent per annum reducing balance basis

APEX HOUSING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

APEX HOUSING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 29,507
At 31 December 2023 29,507
Depreciation
At 01 January 2023 22,545
Charge for year 1,741
At 31 December 2023 24,286
Net book value
At 31 December 2023 5,221
At 31 December 2022 6,962

APEX HOUSING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Property

APEX HOUSING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 118541 2022 405770