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Company Registration No. 13143781 (England and Wales)
Apex Premier Limited Unaudited accounts for the year ended 31 January 2024
Apex Premier Limited Unaudited accounts Contents
Page
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Apex Premier Limited Company Information for the year ended 31 January 2024
Directors
Colette Delaney-Smith Mykola Kachmar
Company Number
13143781 (England and Wales)
Registered Office
1C Jardine House Claremont Road Teddington TW11 8DH United Kingdom
Accountants
CP Finance Unit 11, Worton Court Worton Hall Ind Estate Worton Road Isleworth Middlesex TW7 6ER
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Apex Premier Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
259,346 
880,664 
Debtors
210 
17,005 
Cash at bank and in hand
4,795 
84,234 
264,351 
981,903 
Creditors: amounts falling due within one year
(341,858)
(971,053)
Net current (liabilities)/assets
(77,507)
10,850 
Net (liabilities)/assets
(77,507)
10,850 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(77,517)
10,840 
Shareholders' funds
(77,507)
10,850 
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Mykola Kachmar Director Company Registration No. 13143781
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Apex Premier Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Apex Premier Limited is a private company, limited by shares, registered in England and Wales, registration number 13143781. The registered office is 1C Jardine House, Claremont Road, Teddington, TW11 8DH, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Inventories
2024 
2023 
£ 
£ 
Work in progress
259,346 
880,664 
259,346 
880,664 
The company is developing a property for sale and costs incurred to date are included in work in progress. Total cost on the development during the year was £1,589,948 (2023 : £1,531,647) and £682,470 (2023 : £650,983) was released to the profit and loss account for the sale of 3 properties.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
210 
17,005 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
405 
1,564 
Taxes and social security
(2,543)
2,543 
Other creditors
4,857 
44,847 
Loans from directors
339,139 
922,099 
341,858 
971,053 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
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Apex Premier Limited Notes to the Accounts for the year ended 31 January 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Colette Delaney-Smith
Loan owed to director
922,099 
- 
582,960 
339,139 
922,099 
- 
582,960 
339,139 
General funding loan secured on the property asset included in work progress. Included in the current year is £172,358 of accrued interest owed on the loan.
9
Transactions with related parties
IMKO Ltd, a company owned by one of the directors was the main contractor for the building work on the development. Costs during the year were £490,397, including interest accrued on the balance outstanding of £42,316. At the year end the company was owed £42,316.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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