IRIS Accounts Production v24.3.2.46 12575575 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125755752023-04-30125755752024-04-30125755752023-05-012024-04-30125755752022-04-30125755752022-05-012023-04-30125755752023-04-3012575575ns15:EnglandWales2023-05-012024-04-3012575575ns14:PoundSterling2023-05-012024-04-3012575575ns10:Director12023-05-012024-04-3012575575ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3012575575ns10:SmallEntities2023-05-012024-04-3012575575ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3012575575ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3012575575ns10:FullAccounts2023-05-012024-04-3012575575ns10:OrdinaryShareClass12023-05-012024-04-3012575575ns10:CompanySecretary12023-05-012024-04-3012575575ns10:RegisteredOffice2023-05-012024-04-3012575575ns5:CurrentFinancialInstruments2024-04-3012575575ns5:CurrentFinancialInstruments2023-04-3012575575ns5:ShareCapital2024-04-3012575575ns5:ShareCapital2023-04-3012575575ns5:RetainedEarningsAccumulatedLosses2024-04-3012575575ns5:RetainedEarningsAccumulatedLosses2023-04-3012575575ns5:OwnedAssets2023-05-012024-04-3012575575ns5:OwnedAssets2022-05-012023-04-3012575575ns5:PlantMachinery2023-04-3012575575ns5:MotorVehicles2023-04-3012575575ns5:ComputerEquipment2023-04-3012575575ns5:PlantMachinery2023-05-012024-04-3012575575ns5:MotorVehicles2023-05-012024-04-3012575575ns5:ComputerEquipment2023-05-012024-04-3012575575ns5:PlantMachinery2024-04-3012575575ns5:MotorVehicles2024-04-3012575575ns5:ComputerEquipment2024-04-3012575575ns5:PlantMachinery2023-04-3012575575ns5:MotorVehicles2023-04-3012575575ns5:ComputerEquipment2023-04-3012575575ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3012575575ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3012575575ns10:OrdinaryShareClass12024-04-3012575575ns5:RetainedEarningsAccumulatedLosses2023-04-3012575575ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 12575575 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

APACHE METALS LTD

APACHE METALS LTD (Registered number: 12575575)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


APACHE METALS LTD

COMPANY INFORMATION
for the Year Ended 30 APRIL 2024







DIRECTOR: Miss R Brackstone





SECRETARY: N. M. Walsh





REGISTERED OFFICE: 4, Randlesdown Road,
Bellingham,
Catford,
London
SE6 3BT





REGISTERED NUMBER: 12575575 (England and Wales)





ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR

APACHE METALS LTD (Registered number: 12575575)

REPORT OF THE DIRECTOR
for the Year Ended 30 APRIL 2024

The director presents her report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Scrap Metal Merchants.

DIVIDENDS
No dividends will be distributed for the year ended 30 April 2024.

DIRECTOR
Miss R Brackstone held office during the whole of the period from 1 May 2023 to the date of this report.

ON BEHALF OF THE BOARD:





Miss R Brackstone - Director


21 January 2025

APACHE METALS LTD (Registered number: 12575575)

INCOME STATEMENT
for the Year Ended 30 APRIL 2024

30.4.24 30.4.23
Notes £    £   

TURNOVER 650,453 76,338

Cost of sales 529,921 37,638
GROSS PROFIT 120,532 38,700

Administrative expenses 93,776 35,228
OPERATING PROFIT 5 26,756 3,472


Interest payable and similar expenses 6,570 -
PROFIT BEFORE TAXATION 20,186 3,472

Tax on profit 6 150 -
PROFIT FOR THE FINANCIAL YEAR 20,036 3,472

APACHE METALS LTD (Registered number: 12575575)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 89,000 22,750

CURRENT ASSETS
Debtors 8 8,711 6,649
Cash at bank and in hand 31,938 1,433
40,649 8,082
CREDITORS
Amounts falling due within one year 9 106,041 27,260
NET CURRENT LIABILITIES (65,392 ) (19,178 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,608

3,572

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 23,508 3,472
SHAREHOLDERS' FUNDS 23,608 3,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 21 January 2025 and were signed by:





Miss R Brackstone - Director


APACHE METALS LTD (Registered number: 12575575)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024

1. STATUTORY INFORMATION

APACHE METALS 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS
30.4.24 30.4.23
£    £   
Wages and salaries 17,600 13,200

APACHE METALS LTD (Registered number: 12575575)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS - continued

The average number of employees during the year was as follows:
30.4.24 30.4.23

Operatives 2 2

4. DIRECTORS' EMOLUMENTS
30.4.24 30.4.23
£    £   
Directors' remuneration - -

5. OPERATING PROFIT

The operating profit is stated after charging:

30.4.24 30.4.23
£    £   
Depreciation - owned assets 10,092 2,424

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.4.24 30.4.23
£    £   
Current tax:
UK corporation tax 150 -
Tax on profit 150 -

UK corporation tax was charged at 19%) in 2023.

APACHE METALS LTD (Registered number: 12575575)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

7. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery Vehicles Equipment Totals
£    £    £    £   
COST
At 1 May 2023 18,000 4,500 2,674 25,174
Additions 58,530 7,250 10,562 76,342
At 30 April 2024 76,530 11,750 13,236 101,516
DEPRECIATION
At 1 May 2023 1,250 500 674 2,424
Charge for year 5,280 1,750 3,062 10,092
At 30 April 2024 6,530 2,250 3,736 12,516
NET BOOK VALUE
At 30 April 2024 70,000 9,500 9,500 89,000
At 30 April 2023 16,750 4,000 2,000 22,750

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other Debtors 5,761 4,700
Value Added Tax - 1,949
Prepayments 2,950 -
8,711 6,649

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade Creditors 60,879 2,460
Corporation Tax 150 -
Value Added Tax 23,173 -
Directors Current Account 18,139 23,050
Accrued Expenses 3,700 1,750
106,041 27,260

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

APACHE METALS LTD (Registered number: 12575575)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

11. RESERVES
Retained
earnings
£   

At 1 May 2023 3,472
Profit for the year 20,036
At 30 April 2024 23,508