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Company No: 03267936 (England and Wales)

APOLLO SYSTEMS CONTRACTS LTD

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

APOLLO SYSTEMS CONTRACTS LTD

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

APOLLO SYSTEMS CONTRACTS LTD

BALANCE SHEET

As at 31 March 2024
APOLLO SYSTEMS CONTRACTS LTD

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Current assets
Debtors 4 159 157
Cash at bank and in hand 48,950 44,832
49,109 44,989
Creditors: amounts falling due within one year 5 ( 31,693) ( 29,155)
Net current assets 17,416 15,834
Total assets less current liabilities 17,416 15,834
Net assets 17,416 15,834
Capital and reserves
Called-up share capital 2 2
Profit and loss account 17,414 15,832
Total shareholders' funds 17,416 15,834

For the financial 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.

Director's responsibilities:

The financial statements of Apollo Systems Contracts Ltd (registered number: 03267936) were approved and authorised for issue by the Director on 21 November 2024. They were signed on its behalf by:

G C Philpott
Director
APOLLO SYSTEMS CONTRACTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
APOLLO SYSTEMS CONTRACTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Apollo Systems Contracts Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Plant and machinery not depreciated
Fixtures and fittings 15 % reducing balance
Office equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 April 2023 1,093 410 3,036 4,539
At 31 March 2024 1,093 410 3,036 4,539
Accumulated depreciation
At 01 April 2023 1,093 410 3,036 4,539
At 31 March 2024 1,093 410 3,036 4,539
Net book value
At 31 March 2024 0 0 0 0
At 31 March 2023 0 0 0 0

4. Debtors

2024 2023
£ £
Prepayments 159 131
Other taxation and social security 0 26
159 157

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 18,381 15,688
Other creditors 13,312 13,467
31,693 29,155