Company Registration No. 10763581 (England and Wales)
Apex Engineering Group Limited
Unaudited accounts
for the year ended 31 October 2023
Apex Engineering Group Limited
Unaudited accounts
Contents
Apex Engineering Group Limited
Company Information
for the year ended 31 October 2023
Company Number
10763581 (England and Wales)
Registered Office
85 Great Portland Street
London
England
W1W 7LT
Accountants
Accounting Wise Ltd
3 The Carriages
Station Road
Ware
Hertfordshire
SG129PL
Apex Engineering Group Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
7,280
822
Creditors: amounts falling due within one year
(27,436)
(35,450)
Net current (liabilities)/assets
(5,176)
45,575
Total assets less current liabilities
40,151
60,978
Creditors: amounts falling due after more than one year
(50,061)
(50,000)
Net (liabilities)/assets
(9,910)
10,978
Called up share capital
1
100
Profit and loss account
(9,911)
10,878
Shareholders' funds
(9,910)
10,978
For the year ending 31 October 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 9 October 2024 and were signed on its behalf by
Mr David Wayth
Director
Company Registration No. 10763581
Apex Engineering Group Limited
Notes to the Accounts
for the year ended 31 October 2023
Apex Engineering Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10763581. The registered office is 85 Great Portland Street, London, England, W1W 7LT.
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:
Plant & machinery
20% Straight Line Method
Computer equipment
33% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
450
903
1,353
At 31 October 2023
450
903
1,353
At 1 November 2022
165
223
388
Charge for the year
90
298
388
At 31 October 2023
255
521
776
At 31 October 2023
195
382
577
At 31 October 2022
285
680
965
Apex Engineering Group Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Investments
Other investments
Valuation at 1 November 2022
14,438
Valuation at 31 October 2023
44,750
Amounts falling due within one year
Amounts due from group undertakings etc.
9,584
61,490
Accrued income and prepayments
-
246
Other debtors
5,396
18,467
7
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
6,000
6,000
Taxes and social security
896
4,098
Loans from directors
20,540
25,352
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).