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REGISTERED NUMBER: 10064090 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Apex Investment Group (St Paul) Ltd

Apex Investment Group (St Paul) Ltd (Registered number: 10064090)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Apex Investment Group (St Paul) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms S Wang
Mrs Y Zhan





REGISTERED OFFICE: Unit 12 Wing Yip Business Centre
278 Thimble Mill Lane
Nechells
Birmingham
B7 5HD





REGISTERED NUMBER: 10064090 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Apex Investment Group (St Paul) Ltd (Registered number: 10064090)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 919,987 919,987

CURRENT ASSETS
Debtors 5 142 1,135
Cash at bank 409 422
551 1,557
CREDITORS
Amounts falling due within one year 6 (969,814 ) (956,424 )
NET CURRENT LIABILITIES (969,263 ) (954,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(49,276

)

(34,880

)

CAPITAL AND RESERVES
Called up share capital 7 3 3
Retained earnings (49,279 ) (34,883 )
SHAREHOLDERS' FUNDS (49,276 ) (34,880 )

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

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

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Ms S Wang - Director


Apex Investment Group (St Paul) Ltd (Registered number: 10064090)

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

1. STATUTORY INFORMATION

Apex Investment Group (St Paul) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Going concern
The financial statements have been prepared on a going concern basis which the directors believe is appropriate as the company is able to depend on funds provided by the directors in the form of loans.

At 31 March 2024, the amount owed to the directors was £172,924. This amount is repayable on demand but the directors have given an undertaking that for at least 12 months from the date of approval of these financial statements they will make available the funding required for the company to continue to trade and meet it's liabilities as they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 919,987
NET BOOK VALUE
At 31 March 2024 919,987
At 31 March 2023 919,987

The directors have considered the fair value of the investment property at the year end and consider its value to be fairly stated.

Apex Investment Group (St Paul) Ltd (Registered number: 10064090)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 142 1,135

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 969,814 956,424

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary £1 3 3

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2024 the amount due to directors was £172,924 (2023 - £311,474). These loans have no specific term regarding the payment of interest or repayment. No interest was charged in respect of these balances during the period.

9. RELATED PARTY DISCLOSURES

J Z Machinery UK Limited

A company in which Y Zhan is a director


There is an amount owed to J Z Machinery UK Limited of £639,355 (2023 - £639,355) which is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the director of J Z machinery UK Limited has given her assurance that the amount payable will not be demanded until such time as this company can afford to do so without detriment to its operating needs.

Apex Investment (Water Street) Limited

A company in which Mrs Y Zhan and Ms S Wang are also directors


There is an amount owed to Apex Investment (Water Street) Limited of £4,155, (2023 - £4,155) which is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the directors of Apex Investment (Water Street) Limited have given their assurance that the amount payable will not be demanded until such time as this company can afford to do so without detriment to its operating needs.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Apex Investment Group (St Paul) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apex Investment Group (St Paul) Ltd for the year ended 31 March 2024 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Apex Investment Group (St Paul) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Apex Investment Group (St Paul) Ltd and state those matters that we have agreed to state to the Board of Directors of Apex Investment Group (St Paul) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Apex Investment Group (St Paul) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Apex Investment Group (St Paul) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Apex Investment Group (St Paul) Ltd. You consider that Apex Investment Group (St Paul) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Apex Investment Group (St Paul) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


24 September 2024