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REGISTERED NUMBER: 11228879 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

APOLLO INVESTMENTS LIMITED

APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APOLLO INVESTMENTS LIMITED

Company Information
for the Year Ended 31st December 2024







DIRECTOR: Mr J Christophorou





SECRETARY: Mrs J Christophorou





REGISTERED OFFICE: The Lodge
Aughton Springs
Northway
Ormskirk
Lancashire
L39 6RX





REGISTERED NUMBER: 11228879 (England and Wales)





ACCOUNTANTS: BK Plus - Chorley
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 1,624,660 682,626

CURRENT ASSETS
Debtors 4 1,885 2,625
Cash at bank 16,937 7,413
18,822 10,038
CREDITORS
Amounts falling due within one year 5 51,976 31,228
NET CURRENT LIABILITIES (33,154 ) (21,190 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,591,506

661,436

CREDITORS
Amounts falling due after more than one
year

6

(1,498,924

)

(648,291

)

PROVISIONS FOR LIABILITIES (13,909 ) -
NET ASSETS 78,673 13,145

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 59,298 -
Retained earnings 19,275 13,045
SHAREHOLDERS' FUNDS 78,673 13,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)

Balance Sheet - continued
31st December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd April 2025 and were signed by:





Mr J Christophorou - Director


APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Apollo Investments Limited 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 as modified by the revaluation of certain assets.

Revenue recognition
Revenue represents the value of amounts receivable for rents for the total period of property occupation.

Investment property
Investment properties are properties held to earn rentals, they are initially measured at cost, including transaction costs. Subsequently they are then measured at fair value on an open market basis. Gains and losses arising from changes in fair value are included in the Statement of Income and Retained Earnings in the period in which they arise.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

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.

Going concern
At the balance sheet date, the company had net current liabilities of £33,154 (2023: £21,190). However, the director considers the company to be a going concern and have confirmed their continuing support as trade develops and the company can sustain ongoing operations.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024 682,626
Additions 868,827
Revaluations 73,207
At 31st December 2024 1,624,660
NET BOOK VALUE
At 31st December 2024 1,624,660
At 31st December 2023 682,626

Fair value at 31st December 2024 is represented by:
£   
Valuation in 2024 73,207
Cost 1,551,453
1,624,660

If the investment properties had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 1,551,453 -

Investment properties were valued on an open market basis on 31st December 2024 by the Director .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 2,000
Other debtors 1,885 625
1,885 2,625

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 21,056 19,954
Tax 1,715 204
Other creditors 2,685 625
Directors' current accounts 25,500 5,045
Accruals and deferred income 1,020 5,400
51,976 31,228

APOLLO INVESTMENTS LIMITED (REGISTERED NUMBER: 11228879)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 22,148 21,056
Bank loans - 2-5 years 76,961 71,617
Bank loans more 5 yr by instal 794,815 295,618
Directors' loan accounts 605,000 260,000
1,498,924 648,291

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 794,815 295,618

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 914,980 408,245

The loans are secured by legal charges dated 21 June 2018, 8 April 2021, 13 January 2023 and 11 October 2024 over investment property held by the company.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Revaluation
reserve
£   
Transfer for unrealised gain 73,207
Deferred Tax - unrealised gain (13,909 )

At 31st December 2024 59,298

10. RELATED PARTY DISCLOSURES

At 31 December 2024, the company owed £630,500 (2023: £265,045) to its director. No interest has been charged to the company in respect of this loan and there is no formal repayment date.

11. ULTIMATE CONTROLLING PARTY

Mr J Christophorou controls the company by virtue of holding 100% of the share capital.