REGISTERED NUMBER: 09110859 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

APEX LIFTS (GROUP) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M R Aldewereld

L M Brandhammar

P T Lidström

R E Shepherd

K T Warnock

SECRETARY:

J A Clare

REGISTERED OFFICE:

Art's House

Banks Lane

Bexleyheath

Kent

DA6 7BH

REGISTERED NUMBER:

09110859 (England and Wales)

SENIOR STATUTORY AUDITOR:

Gary Sargeant

AUDITORS:

Sargeant Partnership Limited

Chartered Accountants

and Statutory Auditors

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Investments

4

4,499,986

4,499,986

CURRENT ASSETS

Debtors

5

1,062,627

1,062,627

CREDITORS

Amounts falling due within one year

6

115,383

115,383

NET CURRENT ASSETS

947,244

947,244

TOTAL ASSETS LESS CURRENT LIABILITIES

5,447,230

5,447,230

CAPITAL AND RESERVES

Called up share capital

7

12,000

12,000

Share premium

8

4,482,586

4,482,586

Retained earnings

8

952,644

952,644

SHAREHOLDERS' FUNDS

5,447,230

5,447,230

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 Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

R E Shepherd - Director

1.	STATUTORY INFORMATION

Apex Lifts (Group) 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.

Preparation of consolidated financial statements

The financial statements contain information about Apex Lifts (Group) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Cibes Lift Group AB, P.O.Box 13, 802 91 Gavle, Sweden.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

4,499,986

NET BOOK VALUE

At 31 December 2024

4,499,986

At 31 December 2023

4,499,986

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

1,062,627

1,062,627

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

110,583

110,583

Accruals and deferred income

4,800

4,800

115,383

115,383

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

12,000

A Ordinary

£1

12,000

12,000

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

952,644

4,482,586

5,435,230

Profit for the year

-

-

At 31 December 2024

952,644

4,482,586

5,435,230

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gary Sargeant (Senior Statutory Auditor)

for and on behalf of Sargeant Partnership Limited

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	ULTIMATE CONTROLLING PARTY

The company was acquired in the period and at the balance sheet date is owned 100% by Cibes Lift UK Ltd.

The ultimate parent company and controlling party is Cibes Holding AB, a company incorporated in Sweden. The smallest group of which the Company is a member and for which group accounts are drawn up in Cibes Lift Group AB. The group accounts may be obtained from P.O.Box 13, 802 91 Gavle, Sweden.

12.	GOING CONCERN

The company ceased trading in the 2022 period and is therefore being prepared on a basis other than going concern. The company will remain dormant with the continued support of the parent company.