Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302023-12-0128falseNo description of principal activity28truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07661675 2023-12-01 2024-11-30 07661675 2022-12-01 2023-11-30 07661675 2024-11-30 07661675 2023-11-30 07661675 2022-12-01 07661675 c:Director1 2023-12-01 2024-11-30 07661675 d:PlantMachinery 2023-12-01 2024-11-30 07661675 d:PlantMachinery 2024-11-30 07661675 d:PlantMachinery 2023-11-30 07661675 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07661675 d:MotorVehicles 2023-12-01 2024-11-30 07661675 d:MotorVehicles 2024-11-30 07661675 d:MotorVehicles 2023-11-30 07661675 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07661675 d:OfficeEquipment 2023-12-01 2024-11-30 07661675 d:OfficeEquipment 2024-11-30 07661675 d:OfficeEquipment 2023-11-30 07661675 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07661675 d:ComputerEquipment 2023-12-01 2024-11-30 07661675 d:ComputerEquipment 2024-11-30 07661675 d:ComputerEquipment 2023-11-30 07661675 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07661675 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07661675 d:CurrentFinancialInstruments 2024-11-30 07661675 d:CurrentFinancialInstruments 2023-11-30 07661675 d:Non-currentFinancialInstruments 2024-11-30 07661675 d:Non-currentFinancialInstruments 2023-11-30 07661675 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07661675 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07661675 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 07661675 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 07661675 d:ShareCapital 2024-11-30 07661675 d:ShareCapital 2023-11-30 07661675 d:CapitalRedemptionReserve 2024-11-30 07661675 d:CapitalRedemptionReserve 2023-11-30 07661675 d:RetainedEarningsAccumulatedLosses 2024-11-30 07661675 d:RetainedEarningsAccumulatedLosses 2023-11-30 07661675 c:FRS102 2023-12-01 2024-11-30 07661675 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07661675 c:FullAccounts 2023-12-01 2024-11-30 07661675 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07661675 d:WithinOneYear 2024-11-30 07661675 d:WithinOneYear 2023-11-30 07661675 d:BetweenOneFiveYears 2024-11-30 07661675 d:BetweenOneFiveYears 2023-11-30 07661675 d:MoreThanFiveYears 2024-11-30 07661675 d:MoreThanFiveYears 2023-11-30 07661675 d:AcceleratedTaxDepreciationDeferredTax 2024-11-30 07661675 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 07661675 d:RetirementBenefitObligationsDeferredTax 2024-11-30 07661675 d:RetirementBenefitObligationsDeferredTax 2023-11-30 07661675 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 07661675










APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
REGISTERED NUMBER:07661675

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
28,502
44,924

Current assets
  

Stocks
  
30,183
40,000

Debtors: amounts falling due within one year
 5 
1,545,749
1,327,423

Cash at bank and in hand
  
563,856
239,954

  
2,139,788
1,607,377

Creditors: amounts falling due within one year
 6 
(1,105,660)
(729,472)

Net current assets
  
 
 
1,034,128
 
 
877,905

Total assets less current liabilities
  
1,062,630
922,829

Creditors: amounts falling due after more than one year
 7 
-
(142,500)

Provisions for liabilities
  

Deferred tax
 8 
(2,831)
(7,867)

Net assets
  
1,059,799
772,462


Capital and reserves
  

Called up share capital 
  
74
74

Capital redemption reserve
  
31
31

Profit and loss account
  
1,059,694
772,357

  
1,059,799
772,462


Page 1

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
REGISTERED NUMBER:07661675
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider 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 directors acknowledge their 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 income and retained earnings 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 9 June 2025.




W Ballance
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Apex Consulting Engineers Limited (formally Tier Consult (SY) Limited) is a private Company limited by shares, incorporated in England and Wales (registered number: 07661675). Its registered office is Unit 3, Acres Hill Business Park, Acres Hill Lane, Sheffield, S9 4LR. The principal activitiy of the Company throughout the year continued to be that of architectural consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
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, as follows.

The depreciation rates used are:

Plant and machinery
-
33%
straight line
Motor vehicles
-
20%
straight line
Office equipment
-
20%
straight line
Computer equipment
-
50%
straight line

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each Balance Sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Income and Retained Earnings.

Page 4

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.6

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the lease term.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.





3.


Employees

The average monthly number of employees, including directors, during the year was 28 (2023 - 28).

Page 6

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 December 2023
10,867
9,228
94,293
244,720
359,108


Additions
325
-
-
8,028
8,353


Disposals
(9,502)
(9,228)
-
-
(18,730)



At 30 November 2024

1,690
-
94,293
252,748
348,731



Depreciation


At 1 December 2023
9,833
3,652
68,978
231,721
314,184


Charge for the year on owned assets
553
615
8,213
10,433
19,814


Disposals
(9,502)
(4,267)
-
-
(13,769)



At 30 November 2024

884
-
77,191
242,154
320,229



Net book value



At 30 November 2024
806
-
17,102
10,594
28,502



At 30 November 2023
1,034
5,576
25,315
12,999
44,924

Page 7

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
1,230,006
962,726

Amounts owed by group undertakings
143,120
143,120

Other debtors
1,574
74

Prepayments and accrued income
171,049
221,503

1,545,749
1,327,423



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
90,000

Trade creditors
301,569
206,862

Corporation tax
308,598
193,062

Other taxation and social security
290,531
206,558

Other creditors
96,449
18,303

Accruals
108,513
14,687

1,105,660
729,472



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
142,500

-
142,500


Bank loans included in creditors within one year of nil (2023: £90,000) and in creditors due over one year of nil (2023: £142,500) are secured by a fixed and floating charge over all the assets of the Company.

Page 8

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Deferred taxation




2024
2023


£

£






At beginning of year
7,867
10,994


Charged to Statement of Income and Retained Earnings
(5,036)
(3,127)



At end of year
2,831
7,867

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
4,875
7,891

Pension surplus
(2,044)
(24)

2,831
7,867


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £127,480 (2023 - £111,789). Contributions totalling £8,166 (2023 - £87) were payable to the fund at the Balance Sheet date and are included in creditors.


10.


Commitments under operating leases

At 30 November 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
143,836
87,353

Later than 1 year and not later than 5 years
223,640
245,032

Later than 5 years
20,000
93,334

387,476
425,719

Page 9

 
APEX CONSULTING ENGINEERS LIMITED (FORMALLY TIER CONSULT (S Y) LIMITED)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

11.


Controlling party

The ultimate holding company of Apex Consulting Engineers Limited (formally Tier Consult (SY) Limited) is Ace 2024 Ltd whose registered office is Unit 3 Acres Hill Business Park, Acres Hill Lane, Sheffield, S9 4LR

 
Page 10