Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01falseActivities of open-ended investment companies11falsetrue 10995935 2023-11-01 2024-10-31 10995935 2024-10-31 10995935 2022-11-01 2023-10-31 10995935 2023-10-31 10995935 c:Director1 2023-11-01 2024-10-31 10995935 d:Buildings 2023-11-01 2024-10-31 10995935 d:MotorVehicles 2023-11-01 2024-10-31 10995935 d:MotorVehicles 2024-10-31 10995935 d:MotorVehicles 2023-10-31 10995935 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 10995935 d:ComputerEquipment 2023-11-01 2024-10-31 10995935 d:ComputerEquipment 2024-10-31 10995935 d:ComputerEquipment 2023-10-31 10995935 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 10995935 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 10995935 d:FreeholdInvestmentProperty 2023-11-01 2024-10-31 10995935 d:FreeholdInvestmentProperty 2024-10-31 10995935 d:FreeholdInvestmentProperty 2023-10-31 10995935 d:CurrentFinancialInstruments 2024-10-31 10995935 d:CurrentFinancialInstruments 2023-10-31 10995935 d:Non-currentFinancialInstruments 2024-10-31 10995935 d:Non-currentFinancialInstruments 2023-10-31 10995935 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 10995935 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 10995935 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 10995935 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 10995935 d:ShareCapital 2024-10-31 10995935 d:ShareCapital 2023-10-31 10995935 d:RetainedEarningsAccumulatedLosses 2024-10-31 10995935 d:RetainedEarningsAccumulatedLosses 2023-10-31 10995935 c:FRS102 2023-11-01 2024-10-31 10995935 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10995935 c:FullAccounts 2023-11-01 2024-10-31 10995935 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10995935 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 10995935













APKA Investment Limited

Financial statements
Information for filing with the registrar

31 October 2024




 
APKA Investment Limited


Balance sheet
At 31 October 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
32,703
43,604

Investment property
  
3,976,275
2,210,833

  
4,008,978
2,254,437

Current assets
  

Debtors
  
2,500,000
2,514,905

Cash at bank and in hand
  
313,101
391,180

  
2,813,101
2,906,085

Creditors: amounts falling due within one year
 6 
(6,404,744)
(4,429,135)

Net current liabilities
  
 
 
(3,591,643)
 
 
(1,523,050)

Total assets less current liabilities
  
417,335
731,387

Creditors: amounts falling due after more than one year
 7 
(32,630)
(400,346)

Provisions for liabilities
  

Deferred tax
  
(8,176)
(10,901)

Net assets
  
376,529
320,140


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
376,429
320,040

Shareholders' funds
  
376,529
320,140


1

 
APKA Investment Limited

    
Balance sheet (continued)
At 31 October 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 May 2025.




A D Patel
Director

Company registered number: 10995935
The notes on pages 3 to 5 form part of these financial statements. 

2

 
APKA Investment Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

1.


General information

APKA Investment Limited ("the company") is a private company limited by shares, incorporated in the United Kingdom and registered in England. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, England, NE1 4JE. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingtom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents rental income and property revenue during the period.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
no depreciation
Motor vehicles
-
25% reducing balance
Computer equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023: 1).

3

 
APKA Investment Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

4.


Tangible fixed assets





Motor vehicles
Computer equipment
Total

£
£
£



Cost 


At 1 November 2023
75,505
1,429
76,934



At 31 October 2024

75,505
1,429
76,934



Depreciation


At 1 November 2023
33,033
297
33,330


Charge for the year
10,618
283
10,901



At 31 October 2024

43,651
580
44,231



Net book value



At 31 October 2024
31,854
849
32,703


5.


Investment property


Freehold investment property

£



Valuation


At 1 November 2023
2,210,833


Additions at cost
1,765,442



At 31 October 2024
3,976,275

The director feels the property value is not materially different to the value it is currently held in the accounts.







4

 
APKA Investment Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
-
104,034

Trade creditors
2,124
-

Corporation tax
18,176
46,033

Obligations under finance lease and hire purchase contracts
7,200
8,174

Other creditors
6,374,724
4,268,494

Accruals and deferred income
2,520
2,400

6,404,744
4,429,135



7.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
361,490

Net obligations under finance leases and hire purchase contracts
32,630
38,856

32,630
400,346


 
5