Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03468665 Mr J B O'Dell Mrs J O'Dell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03468665 2023-03-31 03468665 2024-03-31 03468665 2023-04-01 2024-03-31 03468665 frs-core:CurrentFinancialInstruments 2024-03-31 03468665 frs-core:ComputerEquipment 2024-03-31 03468665 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03468665 frs-core:ComputerEquipment 2023-03-31 03468665 frs-core:FurnitureFittings 2024-03-31 03468665 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03468665 frs-core:FurnitureFittings 2023-03-31 03468665 frs-core:MotorVehicles 2024-03-31 03468665 frs-core:MotorVehicles 2023-04-01 2024-03-31 03468665 frs-core:MotorVehicles 2023-03-31 03468665 frs-core:PlantMachinery 2024-03-31 03468665 frs-core:PlantMachinery 2023-04-01 2024-03-31 03468665 frs-core:PlantMachinery 2023-03-31 03468665 frs-core:RevaluationReserve 2024-03-31 03468665 frs-core:ShareCapital 2024-03-31 03468665 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03468665 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03468665 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03468665 frs-bus:SmallEntities 2023-04-01 2024-03-31 03468665 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03468665 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03468665 frs-bus:Director1 2023-04-01 2024-03-31 03468665 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03468665 frs-countries:EnglandWales 2023-04-01 2024-03-31 03468665 2022-03-31 03468665 2023-03-31 03468665 2022-04-01 2023-03-31 03468665 frs-core:CurrentFinancialInstruments 2023-03-31 03468665 frs-core:RevaluationReserve 2023-03-31 03468665 frs-core:ShareCapital 2023-03-31 03468665 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03468665
Apex Support Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03468665
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,933 5,495
Investment Properties 5 1,734,156 1,791,000
1,739,089 1,796,495
CURRENT ASSETS
Debtors 6 1,639 1,478
Cash at bank and in hand 294,350 284,402
295,989 285,880
Creditors: Amounts Falling Due Within One Year 7 (12,608 ) (15,355 )
NET CURRENT ASSETS (LIABILITIES) 283,381 270,525
TOTAL ASSETS LESS CURRENT LIABILITIES 2,022,470 2,067,020
PROVISIONS FOR LIABILITIES
Deferred Taxation (70,898 ) -
NET ASSETS 1,951,572 2,067,020
CAPITAL AND RESERVES
Called up share capital 222 222
Revaluation reserve 212,935 342,854
Profit and Loss Account 1,738,415 1,723,944
SHAREHOLDERS' FUNDS 1,951,572 2,067,020
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J B O'Dell
Director
17/06/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Apex Support Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03468665 . The registered office is 19-21 Manor Road, Caddington, Bedfordshire, LU1 4EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% on reducing balance
Yacht 20% on cost
Fixtures & Fittings 10% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Investment Properties
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. Investment property depreciation rate is 0%.
2.5. Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Yacht Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 April 2023 29,001 104,896 1,582 16,285 151,764
As at 31 March 2024 29,001 104,896 1,582 16,285 151,764
Depreciation
As at 1 April 2023 23,790 104,896 1,370 16,213 146,269
Provided during the period 523 - 21 18 562
As at 31 March 2024 24,313 104,896 1,391 16,231 146,831
Net Book Value
As at 31 March 2024 4,688 - 191 54 4,933
As at 1 April 2023 5,211 - 212 72 5,495
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 1,791,000
Additions 2,420
Revaluations (59,264)
As at 31 March 2024 1,734,156
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,639 1,424
Corporation tax recoverable assets - 54
1,639 1,478
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,760 120
Accruals and deferred income 2,353 2,220
Director's loan account 8,495 13,015
12,608 15,355
Page 4