1 February 2024 v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsexbrli:purexbrli:sharesiso4217:GBP154076642024-02-012025-01-31154076642025-01-3115407664bus:Director12024-02-012025-01-3115407664bus:Director22024-02-012025-01-3115407664bus:Director32024-02-012025-01-3115407664bus:Director42024-02-012025-01-3115407664bus:Director52024-02-012025-01-3115407664bus:RegisteredOffice2024-02-012025-01-3115407664core:WithinOneYear2025-01-3115407664core:AfterOneYear2025-01-3115407664core:ShareCapital2025-01-3115407664core:RetainedEarningsAccumulatedLosses2025-01-3115407664core:RetainedEarningsAccumulatedLosses2024-02-012025-01-3115407664core:ShareCapital2024-02-012025-01-311540766412024-02-012025-01-3115407664countries:EnglandWales2024-02-012025-01-3115407664bus:AuditExemptWithAccountantsReport2024-02-012025-01-3115407664bus:PrivateLimitedCompanyLtd2024-02-012025-01-3115407664bus:SmallEntities2024-02-012025-01-3115407664bus:FullAccounts2024-02-012025-01-31
Company registration number:
15407664
Polaris Apex Ventures Ltd
Unaudited Financial Statements for the year ended
31 January 2025
Polaris Apex Ventures Ltd
Officers and Professional Advisers
Year ended
31 January 2025
Directors
O Akinjiyan
O Bamgbose
Mr N Ezeocha
Mr B Olukuade
Mr A Oyewusi
Registered office
9 Prestall Court
Farnworth
Bolton
BL4 7NA
England
Accountant
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Polaris Apex Ventures Ltd
Directors' Report
Year ended
31 January 2025
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 January 2025.

Directors

The directors who served the company during the year were as follows:
O Akinjiyan
O Bamgbose
Mr N Ezeocha
Mr B Olukuade
Mr A Oyewusi

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
30 August 2025
and signed on behalf of the board by:
O Bamgbose
Director
Polaris Apex Ventures Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Polaris Apex Ventures Ltd
Year ended
31 January 2025
As described on the statement of financial position, the Board of Directors of
Polaris Apex Ventures Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 January 2025
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Date:
30 August 2025
Polaris Apex Ventures Ltd
Income Statement
Year ended
31 January 2025
2025
£
Turnover
8,320
 
Gross profit
8,320
 
Administrative expenses
(13,901
 )
Operating loss
(5,581
 )
Loss before tax
(5,581
 )
Tax on loss -  
Loss for the financial year
(5,581
 )
The company has no other recognised items of income or expense other than the results for the year as set out above.
Polaris Apex Ventures Ltd
Statement of Financial Position
31 January 2025
2025
Note£
Current assets  
Cash at bank and in hand
1
 
Creditors: amounts falling due within one year 5
(350
 )
Net current liabilities
(349
 )
Total assets less current liabilities (349 )
Creditors: amounts falling due after more than one year 6
(5,132
 )
Net liabilities
(5,481
 )
Capital and reserves  
Called up share capital
100
 
Profit and loss account
(5,581
 )
Shareholders deficit
(5,481
 )
For the year ending
31 January 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
30 August 2025
, and are signed on behalf of the board by:
O Bamgbose
Director
Company registration number:
15407664
Polaris Apex Ventures Ltd
Statement of Changes in Equity
Year ended
31 January 2025
Called up share capitalProfit and loss accountTotal
£££
At
1 February 2024
 -   -   -  
Loss for the year -   (5,581 ) (5,581 )
Total comprehensive income for the year -  
(5,581
 )
(5,581
 )
Issue of shares
100
 - 
100
 
Total investments by and distributions to owners
100
 - 
100
 
At
31 January 2025
100
 
(5,581
)
(5,481
)
Polaris Apex Ventures Ltd
Notes to the Financial Statements
Year ended
31 January 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
9 Prestall Court
,
Farnworth
,
Bolton
,
BL4 7NA
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

4 Average number of employees

The average number of persons employed by the company during the year was Nil.

5 Creditors: amounts falling due within one year

2025
£
Other creditors
350
 

6 Creditors: amounts falling due after more than one year

2025
£
Other creditors
5,132