1 November 2023 false No description of principal activity Taxfiler 2024.6 12982883business:PrivateLimitedCompanyLtd2023-11-012024-10-31 129828832023-10-31 129828832023-11-012024-10-31 12982883business:AuditExemptWithAccountantsReport2023-11-012024-10-31 12982883business:FilletedAccounts2023-11-012024-10-31 129828832024-10-31 129828832023-10-31 12982883core:WithinOneYear2024-10-31 12982883core:WithinOneYear2023-10-31 12982883core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 12982883core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12982883core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 12982883core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12982883core:PreviouslyStatedAmount2024-10-31 12982883core:PreviouslyStatedAmount2023-10-31 12982883business:SmallEntities2023-11-012024-10-31 12982883business:Director12023-11-012024-10-31 12982883countries:EnglandWales2023-11-012024-10-31 12982883business:RegisteredOffice2023-11-012024-10-31 12982883core:ComputerEquipment2023-11-012024-10-31 12982883core:ComputerEquipment2023-10-31 12982883core:ComputerEquipment2024-10-31 12982883business:OrdinaryShareClass12023-11-012024-10-31 12982883business:OrdinaryShareClass12022-11-012023-10-31 129828832022-11-012023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12982883 (England and Wales)
Apeleg Limited Unaudited accounts for the year ended 31 October 2024
Apeleg Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,655 
205 
Investments
1 
1 
1,656 
206 
Current assets
Debtors
6,502 
438 
Cash at bank and in hand
21,655 
8,530 
28,157 
8,968 
Creditors: amounts falling due within one year
(20,869)
(5,469)
Net current assets
7,288 
3,499 
Net assets
8,944 
3,705 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,943 
3,704 
Shareholders' funds
8,944 
3,705 
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 April 2025 and were signed on its behalf by
Ricardo Iván Vieitez Parra Director Company Registration No. 12982883
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Apeleg Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Apeleg Limited is a private company, limited by shares, registered in England and Wales, registration number 12982883. The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services, Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of Goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of Services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible Fixed Assets and Depreciation
Tangible assets are measured at cost les accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write of the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
25% straight line
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taking into account in arriving at the operating profit.
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Apeleg Limited Notes to the Accounts for the year ended 31 October 2024
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that is it probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured a the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or less, except when they are related to items that are recognised in other comprehensive income or directly in equity, in which case the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
821 
Additions
1,655 
At 31 October 2024
2,476 
Depreciation
At 1 November 2023
616 
Charge for the year
205 
At 31 October 2024
821 
Net book value
At 31 October 2024
1,655 
At 31 October 2023
205 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2023
1 
Valuation at 31 October 2024
1 
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Apeleg Limited Notes to the Accounts for the year ended 31 October 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,502 
438 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
12,458 
1,650 
Loans from directors
4,252 
2,001 
Accruals
4,159 
1,818 
20,869 
5,469 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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