Apex Joinery Services Limited - Filleted accounts

Registered number

06541581

Apex Joinery Services Limited

Filleted Accounts

31 March 2025

Apex Joinery Services Limited
Registered number:		06541581
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		192,897			199,608

Current assets
Stocks		2,359			2,592
Debtors	4	140,293			176,026
Cash at bank and in hand		334,532			266,325
		477,184			444,943

Creditors: amounts falling due within one year	5	(59,449)			(62,563)

Net current assets			417,735			382,380

Total assets less current liabilities			610,632			581,988


Provisions for liabilities			(2,328)			(2,873)


Net assets			608,304			579,115

Capital and reserves
Called up share capital			200			200
Profit and loss account			608,104			578,915

Shareholders' funds			608,304			579,115

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




John Stark
Director
Approved by the board on 15 December 2025

Apex Joinery Services Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Investment property			Not provided
	Office equipment			25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Work in progress
	Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any forseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.



	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2





3	Tangible fixed assets
		Land and buildings		Office equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	169,392		14,156		40,245		223,793
	Additions	-		1,123		-		1,123
	At 31 March 2025	169,392		15,279		40,245		224,916

	Depreciation
	At 1 April 2024	-		11,161		13,024		24,185
	Charge for the year	-		1,029		6,805		7,834
	At 31 March 2025	-		12,190		19,829		32,019

	Net book value
	At 31 March 2025	169,392		3,089		20,416		192,897
	At 31 March 2024	169,392		2,995		27,221		199,608




4	Debtors					2025		2024
£							£

	Trade debtors					70,984		100,636
	Other debtors					69,309		75,390
						140,293		176,026


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					21,103		21,737
	Other taxes and social security costs					38,346		40,826
						59,449		62,563



6	Other information

	Apex Joinery Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	5 Eastfield Road
	South Shields
	Tyne and Wear
	NE34 6HP