REGISTERED NUMBER: 05715137 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

APEX REFRIGERATION & AIR CONDITIONING

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

M K Locke

REGISTERED OFFICE:

Market House

21 Lenten Street

Alton

Hampshire

GU34 1HG

REGISTERED NUMBER:

05715137 (England and Wales)

ACCOUNTANTS:

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

FIXED ASSETS

Intangible assets

4

1,500

3,000

Tangible assets

5

21,532

26,250

23,032

29,250

CURRENT ASSETS

Stocks

2,800

3,400

Debtors

6

68,531

44,347

Cash at bank and in hand

91,239

111,927

162,570

159,674

CREDITORS

Amounts falling due within one year

7

40,547

49,293

NET CURRENT ASSETS

122,023

110,381

TOTAL ASSETS LESS CURRENT LIABILITIES

145,055

139,631

CREDITORS

Amounts falling due after more than one year

8

(2,588

)

(37,588

)

PROVISIONS FOR LIABILITIES

9

(5,379

)

(526

)

NET ASSETS

137,088

101,517

CAPITAL AND RESERVES

Called up share capital

10

1

1

Capital redemption reserve

1

1

Retained earnings

137,086

101,515

SHAREHOLDERS' FUNDS

137,088

101,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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.

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 2 December 2025 and were signed by:

M K Locke - Director

1.	STATUTORY INFORMATION

Apex Refrigeration & Air Conditioning 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, together with an adjustment for amounts recoverable on contracts, where applicable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stock and work in progress are valued at the lower of cost and net realiseable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

27,000

Charge for year

1,500

At 31 March 2025

28,500

NET BOOK VALUE

At 31 March 2025

1,500

At 31 March 2024

3,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,606

2,217

71,490

8,833

87,146

Additions

-

-

-

4,506

4,506

Disposals

-

-

(12,995

)

(8,333

)

(21,328

)

At 31 March 2025

4,606

2,217

58,495

5,006

70,324

DEPRECIATION

At 1 April 2024

4,581

1,691

46,894

7,730

60,896

Charge for year

6

132

5,906

1,131

7,175

Eliminated on disposal

-

-

(12,020

)

(7,259

)

(19,279

)

At 31 March 2025

4,587

1,823

40,780

1,602

48,792

NET BOOK VALUE

At 31 March 2025

19

394

17,715

3,404

21,532

At 31 March 2024

25

526

24,596

1,103

26,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

64,191

38,804

Other debtors

4,340

5,543

68,531

44,347

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,347

22,963

Taxation and social security

26,129

24,767

Other creditors

2,071

1,563

40,547

49,293

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

2,588

37,588

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

5,379

526

Deferred

tax

£

Balance at 1 April 2024

526

Provided during year

4,853

Deferred tax

Balance at 31 March 2025

5,379

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apex Refrigeration & Air Conditioning Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Apex Refrigeration & Air Conditioning Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Apex Refrigeration & Air Conditioning Limited and state those matters that we have agreed to state to the director of Apex Refrigeration & Air Conditioning Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Apex Refrigeration & Air Conditioning Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Apex Refrigeration & Air Conditioning Limited. You consider that Apex Refrigeration & Air Conditioning Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Apex Refrigeration & Air Conditioning Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

2 December 2025