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REGISTERED NUMBER: 08349714 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Apex Commercial Scaffolding Limited

Apex Commercial Scaffolding Limited (Registered number: 08349714)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Apex Commercial Scaffolding Limited

Company Information
for the Year Ended 31 January 2024







Directors: R A Smith
S J Smith
B D Smith





Registered office: Bretton House
Bell Meadow Business Park
Park Lane
Pulford
Chester
CH4 9EP





Registered number: 08349714 (England and Wales)





Accountants: DUNCAN BOXWELL & COMPANY LIMITED
Bretton House
Bell Meadow Business Park
Pulford
Chester
Cheshire
CH4 9EP

Apex Commercial Scaffolding Limited (Registered number: 08349714)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 377,015 363,038

Current assets
Stocks 39,639 73,551
Debtors 5 11,696 11,700
Cash at bank and in hand 275 10,553
51,610 95,804
Creditors
Amounts falling due within one year 6 216,493 167,204
Net current liabilities (164,883 ) (71,400 )
Total assets less current liabilities 212,132 291,638

Creditors
Amounts falling due after more than one
year

7

(56,834

)

(42,325

)

Provisions for liabilities (38,796 ) (55,776 )
Net assets 116,502 193,537

Capital and reserves
Called up share capital 100 100
Retained earnings 116,402 193,437
116,502 193,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Commercial Scaffolding Limited (Registered number: 08349714)

Balance Sheet - continued
31 January 2024


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 Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by:





S J Smith - Director


Apex Commercial Scaffolding Limited (Registered number: 08349714)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. Statutory information

Apex Commercial Scaffolding 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 - 10% on reducing balance
Fixtures and fittings - 25% Straight Line

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Apex Commercial Scaffolding Limited (Registered number: 08349714)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. Accounting policies - continued

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 6 (2023 - 4 ) .

4. Tangible fixed assets
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 February 2023 513,562 1,428 514,990
Additions 51,901 - 51,901
At 31 January 2024 565,463 1,428 566,891
Depreciation
At 1 February 2023 150,524 1,428 151,952
Charge for year 37,924 - 37,924
At 31 January 2024 188,448 1,428 189,876
Net book value
At 31 January 2024 377,015 - 377,015
At 31 January 2023 363,038 - 363,038

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 11,696 11,700

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 23,545 9,808
Trade creditors 44,114 44,078
Amounts owed to group undertakings 59,591 72,044
Taxation and social security 49,255 1,578
Other creditors 39,988 39,696
216,493 167,204

Apex Commercial Scaffolding Limited (Registered number: 08349714)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 14,205 24,219
Other creditors 42,629 18,106
56,834 42,325