08713943falsemanufacture of fluid power equipment2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/cd:Director22023-10-012024-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08713943

Apex Fluid Power Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Apex Fluid Power Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
M J D Ferguson
P Brown
REGISTERED OFFICE
Unit 9 Currock Road Trade Centre
Currock
Carlisle
Cumbria
CA2 5AD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08713943
BANKERS
Cumberland Building Society
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Apex Fluid Power Limited

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Apex Fluid Power Limited

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets238,59946,766
CURRENT ASSETS
Stock245,857237,792
Debtors3225,221202,325
Cash at bank and in hand637,361467,542
1,108,439907,659
CREDITORS: Amounts falling due within one year4470,723413,016
NET CURRENT ASSETS637,716494,643
TOTAL ASSETS LESS CURRENT LIABILITIES676,315541,409
PROVISIONS FOR LIABILITIES AND CHARGES11,69111,691
NET ASSETS664,624529,718
CAPITAL AND RESERVES
Called up share capital115115
Profit and loss account664,509529,603
SHAREHOLDERS' FUNDS664,624529,718
For the year ending 30/09/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/01/2025 and signed on their behalf by
.............................
M J D Ferguson
Director

Apex Fluid Power Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
1c. Stocks
Stock is valued at the lower of cost and net estimated selling price less selling costs. Cost is based on the weighted average purchase price.
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the despatch of goods and upon the provision of services.
1g. Leases
Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

Apex Fluid Power Limited

2. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/10/202355,39122,99513,1825,87797,445
Additions---3,8693,869
At 30/09/202455,39122,99513,1829,746101,314
Depreciation
At 01/10/202339,0774796,9544,16950,679
4,0795,6299341,39412,036
At 30/09/202443,1566,1087,8885,56362,715
Net Book Amounts
At 30/09/202412,23516,8875,2944,18338,599
At 30/09/202316,31422,5166,2281,70846,766
3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors211,986189,033
Prepayments13,23513,292
225,221202,325
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax107,67175,585
VAT58,68245,092
Director's current account - M Ferguson81,35081,353
Director's current account - P Brown87,77288,449
Trade creditors132,898115,337
Other creditors-5,000
Accruals2,3502,200
470,723413,016

Apex Fluid Power Limited

5. EMPLOYEES
20242023
No.No.
Average number of employees66
6. RELATED PARTY TRANSACTIONS
During the year total salaries of £18,192 were paid to the directors (2023 - £18,192).
At the balance sheet date total loans of £169,122 (2023 - £169,802) were owed to the directors. The loans are interest free, unsecured and repayable on demand.
Total dividends of £80,000 were paid to the directors during the year (2023 - £80,000).
7. FINANCIAL COMMITMENTS
At the balance sheet date the company had outstanding commitments under operating leases of £33,000.
8. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 08713943.
The company's registered office is Unit 9 Currock Road Trade Centre, Currock, Carlisle, Cumbria, CA2 5AD.