Apex Training Centres (Uk) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08446220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

APEX TRAINING CENTRES (UK) LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

206,397

200,358

CURRENT ASSETS

Debtors

5

233,369

214,531

Cash at bank

87,226

69,235

320,595

283,766

CREDITORS

Amounts falling due within one year

6

151,136

157,023

NET CURRENT ASSETS

169,459

126,743

TOTAL ASSETS LESS CURRENT LIABILITIES

375,856

327,101

CREDITORS

Amounts falling due after more than one
year

7

(65,287

)

(80,799

)

PROVISIONS FOR LIABILITIES

(16,381

)

-

NET ASSETS

294,188

246,302

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

294,187

246,301

SHAREHOLDERS' FUNDS

294,188

246,302

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 her 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 27 November 2025 and were signed by:

S A Moor - Director

1.	STATUTORY INFORMATION

Apex Training Centres (Uk) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08446220

Registered office:

Oxney Road Industrial Estate

Peterborough

PE1 5YW

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £5,204 (2024 - £9,594). Contributions totalling £963 (2024 - £1,295) were payable to the fund at the balance sheet date and are included in creditors.

Debtors

Short term debtors are initially measured at transaction price less attributable costs. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are initially measured at transaction price less attributable costs. 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

128,267

203,358

331,625

Additions

-

51,654

Disposals

-

(43,500

)

(43,500

)

At 31 March 2025

128,267

211,512

339,779

DEPRECIATION

At 1 April 2024

-

131,267

Charge for year

-

31,115

Eliminated on disposal

-

(29,000

)

(29,000

)

At 31 March 2025

-

133,382

NET BOOK VALUE

At 31 March 2025

128,267

78,130

206,397

At 31 March 2024

128,267

72,091

200,358

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

211,001

211,496

Amounts owed by associates

3,600

-

Other debtors

18,768

3,035

233,369

214,531

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

4,420

Trade creditors

67,728

55,736

Taxation and social security

33,879

53,258

Other creditors

45,109

43,609

151,136

157,023

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

60,287

65,799

Other creditors

5,000

15,000

65,287

80,799

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

40,045

45,557

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

64,707

70,219

The liabilities listed above are secured by charges held over the assets to which they relate.

A legal charge dated 31 October 2018 is held by The Royal Bank of Scotland PLC over all monies or hereafter to become due or from time accruing due from the company to the bank upon any account and in any manner whatsoever. The legal charge is held against property known as Land at Oxney Road Peterborough.

A legal charge dated 06 July 2018 is held by The Royal Bank of Scotland PLC. The charge contains fixed charges, floating charges which cover all the property or undertaking of the company, and a negative pledge.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,465 (2024 - £1,500) were paid to the director .

Included in creditors is £22 (£452) owed by the company to the director, S A Moor. This amount is interest free and repayable on demand.

At the year end, the company was owed £3,600 (2024 - £nil) by a connected company. The loan is unsecured, interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is S A Moor.