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REGISTERED NUMBER: 09265787 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

APEX SPORTS MARKETING LIMITED

APEX SPORTS MARKETING LIMITED (REGISTERED NUMBER: 09265787)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


APEX SPORTS MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: Mrs N C Scudamore
M J Scudamore





REGISTERED OFFICE: 9 High Street
Woburn Sands
Milton Keynes
Bucks
MK17 8RF





REGISTERED NUMBER: 09265787 (England and Wales)





ACCOUNTANTS: Camfield Chapman Lowe
9a High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF

APEX SPORTS MARKETING LIMITED (REGISTERED NUMBER: 09265787)

STATEMENT OF FINANCIAL POSITION
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,759 5,828

CURRENT ASSETS
Debtors 5 4,393 335
Cash at bank 35,400 20,739
39,793 21,074
CREDITORS
Amounts falling due within one year 6 25,949 19,418
NET CURRENT ASSETS 13,844 1,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,603

7,484

PROVISIONS FOR LIABILITIES 809 990
NET ASSETS 17,794 6,494

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,694 6,394
SHAREHOLDERS' FUNDS 17,794 6,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 SPORTS MARKETING LIMITED (REGISTERED NUMBER: 09265787)

STATEMENT OF FINANCIAL POSITION - continued
31ST OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th January 2025 and were signed on its behalf by:





M J Scudamore - Director


APEX SPORTS MARKETING LIMITED (REGISTERED NUMBER: 09265787)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

Apex Sports Marketing Limited is a private company, limited by shares , registered in England and Wales. 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 - 20% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

APEX SPORTS MARKETING LIMITED (REGISTERED NUMBER: 09265787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st November 2023 720 4,608 9,011 14,339
Additions - 591 265 856
At 31st October 2024 720 5,199 9,276 15,195
DEPRECIATION
At 1st November 2023 156 2,007 6,348 8,511
Charge for year 144 746 1,035 1,925
At 31st October 2024 300 2,753 7,383 10,436
NET BOOK VALUE
At 31st October 2024 420 2,446 1,893 4,759
At 31st October 2023 564 2,601 2,663 5,828

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,200 -
Other debtors 193 335
4,393 335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 23,695 16,943
Other creditors 2,254 2,475
25,949 19,418