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REGISTERED NUMBER: 06301600 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Apex Estates (Aberdare) Ltd

Apex Estates (Aberdare) Ltd (Registered number: 06301600)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Apex Estates (Aberdare) Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: M J Challenger
A J Owen





SECRETARY: M J Challenger





REGISTERED OFFICE: 3 Market Street
Aberdare
RCT
CF44 7DY





REGISTERED NUMBER: 06301600 (England and Wales)





ACCOUNTANTS: C Hergest Ltd
AAT Licensed Accountant
28 High Street
Aberdare
RCT
CF44 7AA

Apex Estates (Aberdare) Ltd (Registered number: 06301600)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,150 1,150
Tangible assets 5 228,772 234,270
229,922 235,420

CURRENT ASSETS
Stocks 6 150,000 150,000
Debtors 7 80,932 75,932
Cash at bank and in hand 54,555 73,634
285,487 299,566
CREDITORS
Amounts falling due within one year 8 103,480 111,843
NET CURRENT ASSETS 182,007 187,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

411,929

423,143

CREDITORS
Amounts falling due after more than one
year

9

68,015

79,112
NET ASSETS 343,914 344,031

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10 343,814 343,931
SHAREHOLDERS' FUNDS 343,914 344,031

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Estates (Aberdare) Ltd (Registered number: 06301600)

Balance Sheet - continued
31 July 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 12 December 2024 and were signed on its behalf by:





M J Challenger - Director


Apex Estates (Aberdare) Ltd (Registered number: 06301600)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Apex Estates (Aberdare) Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 2% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

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 8 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 3,000
AMORTISATION
At 1 August 2023
and 31 July 2024 1,850
NET BOOK VALUE
At 31 July 2024 1,150
At 31 July 2023 1,150

Apex Estates (Aberdare) Ltd (Registered number: 06301600)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 August 2023
and 31 July 2024 191,745 1,250 42,412
DEPRECIATION
At 1 August 2023 - 1,025 10,196
Charge for year - 25 3,146
At 31 July 2024 - 1,050 13,342
NET BOOK VALUE
At 31 July 2024 191,745 200 29,070
At 31 July 2023 191,745 225 32,216

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 15,322 14,919 265,648
DEPRECIATION
At 1 August 2023 11,413 8,744 31,378
Charge for year 1,443 884 5,498
At 31 July 2024 12,856 9,628 36,876
NET BOOK VALUE
At 31 July 2024 2,466 5,291 228,772
At 31 July 2023 3,909 6,175 234,270

6. STOCKS
31.7.24 31.7.23
£    £   
Work-in-progress 150,000 150,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Apex Lettings Ltd 80,932 75,932

Apex Estates (Aberdare) Ltd (Registered number: 06301600)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 12,469 20,998
Social security and other taxes 9,546 14,789
VAT 14,372 13,325
Directors' current accounts 49,912 45,912
Accrued expenses 17,181 16,819
103,480 111,843

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Loan over 5 years 28,000 33,973
Mortgage over 5 years 40,015 45,139
68,015 79,112

Amounts falling due in more than five years:

Repayable by instalments
Loan over 5 years 28,000 33,973
Mortgage over 5 years 40,015 45,139
68,015 79,112

10. RESERVES
Retained
earnings
£   

At 1 August 2023 343,931
Deficit for the year (117 )
At 31 July 2024 343,814