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REGISTERED NUMBER: 11244750 (England and Wales)









Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Apex Marketing Group Ltd

Apex Marketing Group Ltd (Registered number: 11244750)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Apex Marketing Group Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: H C Cheesman
M Melia





REGISTERED OFFICE: 10 English Business Park
English Close
Hove
East Sussex
BN3 7ET





REGISTERED NUMBER: 11244750 (England and Wales)





ACCOUNTANTS: AJ Wheeler Limited
338 London Road
Portsmouth
Hampshire
PO2 9JY

Apex Marketing Group Ltd (Registered number: 11244750)

Report of the Directors
for the Year Ended 31 March 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

H C Cheesman
M Melia

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





H C Cheesman - Director


5 March 2025

Apex Marketing Group Ltd (Registered number: 11244750)

Income Statement
for the Year Ended 31 March 2024

2024 2023
Notes £    £    £    £   

TURNOVER 241,169 615,603

Cost of sales 219,849 459,826
GROSS PROFIT 21,320 155,777

Distribution costs 25,140 25,140
Administrative expenses 57,109 94,678
82,249 119,818
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT BEFORE TAXATION (60,929 ) 35,959

Tax on (loss)/profit - 6,978
(LOSS)/PROFIT FOR THE FINANCIAL YEAR (60,929 ) 28,981

Apex Marketing Group Ltd (Registered number: 11244750)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 797 835

CURRENT ASSETS
Cash at bank 136,836 167,962

CREDITORS
Amounts falling due within one year 7 148,776 119,011
NET CURRENT (LIABILITIES)/ASSETS (11,940 ) 48,951
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,143

)

49,786

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,243 ) 49,686
SHAREHOLDERS' FUNDS (11,143 ) 49,786

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





H C Cheesman - Director


Apex Marketing Group Ltd (Registered number: 11244750)

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

1. STATUTORY INFORMATION

Apex Marketing Group 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

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

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 38 42

5. DIVIDENDS
2024 2023
£    £   
Ordinary shares of 1 each
Interim - 76,880

Apex Marketing Group Ltd (Registered number: 11244750)

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

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 1,712
DEPRECIATION
At 1 April 2023 877
Charge for year 38
At 31 March 2024 915
NET BOOK VALUE
At 31 March 2024 797
At 31 March 2023 835

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 78,838 86,637
Taxation and social security 38,323 25,623
Other creditors 31,615 6,751
148,776 119,011

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31st March 2024 the directors had advanced loans of £28,400.00 to the company.