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Registered number: 07071667
Apk Industries Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Electric Accountancy
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 07071667
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,849 3,814
2,849 3,814
CURRENT ASSETS
Debtors 5 35,862 30,595
Cash at bank and in hand 122,262 199,349
158,124 229,944
Creditors: Amounts Falling Due Within One Year 6 (33,595 ) (97,596 )
NET CURRENT ASSETS (LIABILITIES) 124,529 132,348
TOTAL ASSETS LESS CURRENT LIABILITIES 127,378 136,162
PROVISIONS FOR LIABILITIES
Deferred Taxation - (200 )
NET ASSETS 127,378 135,962
CAPITAL AND RESERVES
Called up share capital 7 100 100
Share premium account 49,995 49,995
Profit and Loss Account 77,283 85,867
SHAREHOLDERS' FUNDS 127,378 135,962
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alan Grieg
Director
21/01/2026
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Profit and Loss Account Total
£ £ £ £
As at 1 November 2023 100 49,995 (14,052 ) 36,043
Profit for the year and total comprehensive income - - 155,679 155,679
Dividends paid - - (55,760) (55,760)
As at 31 October 2024 and 1 November 2024 100 49,995 85,867 135,962
Profit for the year and total comprehensive income - - 80,116 80,116
Dividends paid - - (88,700) (88,700)
As at 31 October 2025 100 49,995 77,283 127,378
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Page 4
Notes to the Financial Statements
1. General Information
Apk Industries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07071667 . The registered office is Sparkhouse, Rope Walk, Lincoln, Lincolnshire, LN6 7DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer, usually when goods are delivered and legal title has passed.  Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives, or if held under a finance lease, over the lease term, whichever is the shorter, on the following bases:
Plant & Machinery 20% SL
Motor Vehicles 25% RB
Computer Equipment 25% SL
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 999 16,945 - 17,944
Additions 2,118 - 740 2,858
Disposals - (16,945 ) - (16,945 )
As at 31 October 2025 3,117 - 740 3,857
Depreciation
As at 1 November 2024 - 14,130 - 14,130
Provided during the period 823 - 185 1,008
Disposals - (14,130 ) - (14,130 )
As at 31 October 2025 823 - 185 1,008
Net Book Value
As at 31 October 2025 2,294 - 555 2,849
As at 1 November 2024 999 2,815 - 3,814
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,338 4,680
Other debtors 32,524 25,915
35,862 30,595
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,121 220
Other creditors 3,417 6,006
Taxation and social security 29,057 91,370
33,595 97,596
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr Alan Grieg 25,270 30,054 25,270 - 30,054
The above loan is unsecured, and repayable on demand.   Interest has been charged at the official rate.
Page 6