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REGISTERED NUMBER: 04659991















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Apex Enterprises (Europe) Ltd

Apex Enterprises (Europe) Ltd (Registered number: 04659991)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Apex Enterprises (Europe) Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C Butler
M Eales
H.A. Butler





SECRETARY: M Eales





REGISTERED OFFICE: Unit 6 CSG Business Park
Pond Street
Off Baden Powell
Chesterfield
Derbyshire
S40 2LE





REGISTERED NUMBER: 04659991





ACCOUNTANT: Stephen R Rhodes
2 Townhead Mill
Eyam
Hope Valley
Derbyshire
S32 5RE

Apex Enterprises (Europe) Ltd (Registered number: 04659991)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 696,306 704,813

CURRENT ASSETS
Debtors 5 397 713
Cash at bank 26,886 12,763
27,283 13,476
CREDITORS
Amounts falling due within one year 6 182,767 259,368
NET CURRENT LIABILITIES (155,484 ) (245,892 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,822

458,921

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 540,722 458,821
SHAREHOLDERS' FUNDS 540,822 458,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Enterprises (Europe) Ltd (Registered number: 04659991)

Balance Sheet - continued
29 February 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 19 November 2024 and were signed on its behalf by:




C Butler - Director



M Eales - Director


Apex Enterprises (Europe) Ltd (Registered number: 04659991)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Apex Enterprises (Europe) Ltd is a private company, limited by shares , registered in Not specified/Other. 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 etc - 25% on reducing balance

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.

Apex Enterprises (Europe) Ltd (Registered number: 04659991)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023 794,309 85,843 880,152
Additions - 12,250 12,250
Disposals - (14,250 ) (14,250 )
At 29 February 2024 794,309 83,843 878,152
DEPRECIATION
At 1 March 2023 102,284 73,055 175,339
Charge for year 13,840 5,572 19,412
Eliminated on disposal - (12,905 ) (12,905 )
At 29 February 2024 116,124 65,722 181,846
NET BOOK VALUE
At 29 February 2024 678,185 18,121 696,306
At 28 February 2023 692,025 12,788 704,813

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 713
Other debtors 397 -
397 713

Apex Enterprises (Europe) Ltd (Registered number: 04659991)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 1,483 3,025
Trade creditors - 140
Taxation and social security 40,248 35,247
Other creditors 141,036 220,956
182,767 259,368

7. RELATED PARTY DISCLOSURES

M Eales and C Butler, directors of the company, are also a directors and shareholders in Heat Guard Windows Limited which traded with the company during the year.During the year the company hired equipment and supplied management services to Heat Guard Windows Limited to the value of £ 37,162 (2023:£40,600 ). At 28 February 2024 £nil was unpaid in this respect.(2023: £nil).

An inter - company loan subsisted during the year with Heat Guard Windows Limited. At 28 February 2024 the balance remaining was £137,655 (2023: £197,655 ).