| Registered Number:SC585880 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
Apex Contracts Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Apex Contracts Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
641,215
446,607
2
641,215
446,607
52,025
52,025
3
| Trade and other receivables |
230,000
402,000
4
633,076
| Cash and cash equivalents |
1,168,211
1,622,236
915,101
| Trade and other payables: amounts falling due within one |
| year |
(273,660)
(508,988)
5
641,441
1,113,248
Net current assets
| Total assets less current liabilities |
1,754,463
1,088,048
| Trade and other payables: amounts falling due after more |
| than one year |
(32,925)
(20,834)
6
1,733,629
Net assets
1,055,123
1
1
1,733,628
1,055,122
1,733,629
1,055,123
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 24 October 2025 and were signed by: |
1 of 4
For the year ended 31 March 2025
Apex Contracts Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 4
For the year ended 31 March 2025
Apex Contracts Ltd
Notes to the Financial Statements
Statutory Information
| Apex Contracts Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC585880. |
38 Dundas Street
Edinburgh
EH3 6JN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Computer Equipment
Motor Vehicles
Tools and Equipment
| 2. Property, plant and equipment |
664,801
5,093
902
308,806
350,000
266,980
5,365
-
173,615
88,000
-
-
(80,626)
-
(80,626)
401,795
902
10,458
851,155
438,000
| Provision for depreciation and impairment |
218,194
4,193
901
213,100
-
Charge for year
70,275
1,976
-
68,299
-
(78,529)
-
-
(78,529)
-
209,940
6,169
901
202,870
-
438,000
198,925
1
4,289
641,215
350,000
95,706
1
900
446,607
3 of 4
For the year ended 31 March 2025
Apex Contracts Ltd
Notes to the Financial Statements Continued
2024
2025
52,025
52,025
| 4. Trade and other receivables |
2024
2025
402,000
230,000
| Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
445,150
270,950
63,838
2,710
508,988
273,660
| Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
20,834
32,925
| 7. Average number of persons employed |
During the year the average number of employees was 24 (2024 : 23)
4 of 4