Company Registration No. 11271567 (England and Wales)
APE Industries Co Ltd
Unaudited accounts
for the year ended 31 March 2025
APE Industries Co Ltd
Unaudited accounts
Contents
APE Industries Co Ltd
Company Information
for the year ended 31 March 2025
Directors
J P Wilson
P Stanier
Company Number
11271567 (England and Wales)
Registered Office
Unit 6, Buzzard Court
Mullacott Industrial Estate
Ilfracombe
Devon
EX34 8PX
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
APE Industries Co Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
284,579
259,561
Inventories
205,531
211,649
Cash at bank and in hand
41,298
36,220
Creditors: amounts falling due within one year
(149,650)
(109,534)
Net current assets
133,895
178,490
Total assets less current liabilities
418,474
438,051
Creditors: amounts falling due after more than one year
(7,500)
(17,500)
Provisions for liabilities
Deferred tax
(23,955)
(19,234)
Net assets
387,019
401,317
Called up share capital
400
400
Profit and loss account
386,619
400,917
Shareholders' funds
387,019
401,317
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by
J P Wilson
Director
Company Registration No. 11271567
APE Industries Co Ltd
Notes to the Accounts
for the year ended 31 March 2025
APE Industries Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 11271567. The registered office is Unit 6, Buzzard Court, Mullacott Industrial Estate, Ilfracombe, Devon, EX34 8PX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
15% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
APE Industries Co Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
178,493
80,713
7,495
42,263
11,032
319,996
Additions
6,875
23,716
-
11,934
-
42,525
At 31 March 2025
185,368
104,429
7,495
54,197
11,032
362,521
At 1 April 2024
-
41,656
2,892
11,883
4,004
60,435
Charge for the year
-
9,186
690
6,577
1,054
17,507
At 31 March 2025
-
50,842
3,582
18,460
5,058
77,942
At 31 March 2025
185,368
53,587
3,913
35,737
5,974
284,579
At 31 March 2024
178,493
39,057
4,603
30,380
7,028
259,561
Amounts falling due within one year
Trade debtors
33,136
39,276
Accrued income and prepayments
3,580
879
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
62,065
30,878
Taxes and social security
35,075
38,095
Loans from directors
37,366
23,994
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
400 Ordinary shares of £1 each
400
400
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).