Apollo Sealants Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07278045

Apollo Sealants Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2025

Apollo Sealants Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	7		30,667		35,379

Current assets

Stocks		15,200	18,312
Debtors	8	93,006	81,214
Cash at bank and in hand		212,867	280,825
		---------	---------
		321,073	380,351

Creditors: amounts falling due within one year	9	43,797		38,353
		---------		---------
Net current assets			277,276		341,998
			---------		---------
Total assets less current liabilities			307,943		377,377

Provisions

Taxation including deferred tax	5,827	6,722
	---------	---------
Net assets	302,116	370,655
	---------	---------

Apollo Sealants Limited

Statement of Financial Position (continued)

30 June 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	302,016	370,555
	---------	---------
Shareholder funds	302,116	370,655
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 3 November 2025 , and are signed on behalf of the board by:

J A Evans
Director

Company registration number: 07278045

Apollo Sealants Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 36, Roundhouse Court, Barnes Wallis Way, Chorley, Lancashire, PR7 7JN.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost accounting rules.

Revenue recognition

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Over 10 Years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	25% reducing balance
Fixtures & Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2024: 16 ).

5. Tax on (loss)/profit

Major components of tax (income)/expense

	2025	2024
	£	£

Current tax:

UK current tax (income)/expense	( 4,285)	4,285

Deferred tax:

Origination and reversal of timing differences	( 895)	( 2,705)
	-------	-------
Tax on (loss)/profit	( 5,180)	1,580
	-------	-------

6. Intangible assets

	Goodwill
	£
Cost
At 1 July 2024 and 30 June 2025	175,000
	---------
Amortisation
At 1 July 2024 and 30 June 2025	175,000
	---------
Carrying amount
At 30 June 2025	–
	---------
At 30 June 2024	–
	---------

7. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 July 2024	34,647	25,086	41,275	11,273	112,281
Additions	752	–	3,000	1,373	5,125
Disposals	–	–	( 5,000)	–	( 5,000)
	--------	--------	--------	--------	---------
At 30 June 2025	35,399	25,086	39,275	12,646	112,406
	--------	--------	--------	--------	---------
Depreciation
At 1 July 2024	20,121	16,928	30,760	9,093	76,902
Charge for the year	3,747	1,224	2,647	831	8,449
Disposals	–	–	( 3,612)	–	( 3,612)
	--------	--------	--------	--------	---------
At 30 June 2025	23,868	18,152	29,795	9,924	81,739
	--------	--------	--------	--------	---------
Carrying amount
At 30 June 2025	11,531	6,934	9,480	2,722	30,667
	--------	--------	--------	--------	---------
At 30 June 2024	14,526	8,158	10,515	2,180	35,379
	--------	--------	--------	--------	---------

8. Debtors

	2025	2024
	£	£
Trade debtors	57,453	56,382
Prepayments and accrued income	11,549	1,049
Corporation tax repayable	4,285	–
Amounts recoverable on contracts	11,750	17,010
Other debtors	7,969	6,773
	--------	--------
	93,006	81,214
	--------	--------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	27,733	27,196
Accruals and deferred income	3,600	3,975
Corporation tax	–	4,285
Social security and other taxes	10,638	1,567
Director loan accounts	1,826	1,330
	--------	--------
	43,797	38,353
	--------	--------

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	5,827	6,722
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	5,827	6,722
	-------	-------

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	15,000	15,000
Later than 1 year and not later than 5 years	12,161	–
	--------	--------
	27,161	15,000
	--------	--------

12. Director's advances, credits and guarantees

As at 30 June 2025, the company owed the director £1,826 (2024: £1,330) in respect of the balance on his directors loan account. This loan is interest free and is repayable to the director on demand.