1 December 2024 false No description of principal activity Taxfiler 2024.6 11664128 business:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 11664128 2024-11-30 11664128 2024-12-01 2025-11-30 11664128 business:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 11664128 business:FilletedAccounts 2024-12-01 2025-11-30 11664128 2025-11-30 11664128 business:Director1 2024-12-01 2025-11-30 11664128 business:Director2 2024-12-01 2025-11-30 11664128 business:CompanySecretary1 2024-12-01 2025-11-30 11664128 business:RegisteredOffice 2024-12-01 2025-11-30 11664128 2024-11-30 11664128 core:WithinOneYear 2025-11-30 11664128 core:WithinOneYear 2024-11-30 11664128 core:AfterOneYear 2025-11-30 11664128 core:AfterOneYear 2024-11-30 11664128 core:ShareCapital core:PreviouslyStatedAmount 2025-11-30 11664128 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 11664128 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-30 11664128 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 11664128 core:PreviouslyStatedAmount 2025-11-30 11664128 core:PreviouslyStatedAmount 2024-11-30 11664128 business:SmallEntities 2024-12-01 2025-11-30 11664128 countries:EnglandWales 2024-12-01 2025-11-30 11664128 core:FurnitureFittings 2024-12-01 2025-11-30 11664128 core:FurnitureFittings 2024-11-30 11664128 core:FurnitureFittings 2025-11-30 11664128 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11664128 (England and Wales)
Apex Litigation Finance Limited Unaudited accounts for the year ended 30 November 2025
Apex Litigation Finance Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Apex Litigation Finance Limited Company Information for the year ended 30 November 2025
Directors
M Power S Starr
Secretary
M Power
Company Number
11664128 (England and Wales)
Registered Office
20-22 Wenlock Road London London N1 7GU England
- 3 -
Apex Litigation Finance Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
23
164
Current assets
Debtors
5
7,522
7,625
Cash at bank and in hand
159
-
7,681
7,625
Creditors: amounts falling due within one year
6
(683,902)
(416,415)
Net current liabilities
(676,221)
(408,790)
Total assets less current liabilities
(676,198)
(408,626)
Creditors: amounts falling due after more than one year
7
(919,120)
(909,674)
Net liabilities
(1,595,318)
(1,318,300)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(1,595,418)
(1,318,400)
Shareholders' funds
(1,595,318)
(1,318,300)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2026 and were signed on its behalf by
M Power Director Company Registration No. 11664128
- 4 -
Apex Litigation Finance Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Apex Litigation Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 11664128. The registered office is 20-22 Wenlock Road, London, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance.
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
- 5 -
Apex Litigation Finance Limited Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 December 2024
2,063
At 30 November 2025
2,063
Depreciation
At 1 December 2024
1,899
Charge for the year
141
At 30 November 2025
2,040
Net book value
At 30 November 2025
23
At 30 November 2024
164
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
7,423
2,526
Amounts due from group undertakings etc.
-
5,000
Other debtors
99
99
7,522
7,625
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
15,497
19,612
Trade creditors
668,476
357,456
Taxes and social security
(85,694)
(72,000)
Other creditors
85,623
111,347
683,902
416,415
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
8,751
8,751
Other creditors
910,369
900,923
919,120
909,674
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 6 -