Apex Electronics Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02502622 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

APEX ELECTRONICS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

154,385

162,368

CURRENT ASSETS

Stocks

299,992

357,265

Debtors

5

307,269

243,284

Cash at bank and in hand

1,032,346

1,028,059

1,639,607

1,628,608

CREDITORS

Amounts falling due within one year

6

265,037

229,951

NET CURRENT ASSETS

1,374,570

1,398,657

TOTAL ASSETS LESS CURRENT LIABILITIES

1,528,955

1,561,025

PROVISIONS FOR LIABILITIES

5,518

7,313

NET ASSETS

1,523,437

1,553,712

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

7

54,060

Retained earnings

1,469,376

1,499,651

SHAREHOLDERS' FUNDS

1,523,437

1,553,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

D Mckay - Director

1.	STATUTORY INFORMATION

Apex Electronics 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:

02502622

Registered office:

Brook House

Mount Pleasant

Crowborough

East Sussex

TN6 2NE

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 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 each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 September 2024

128,650

79,102

207,752

Additions

-

1,817

Disposals

-

(1,245

)

(1,245

)

At 31 August 2025

128,650

79,674

208,324

DEPRECIATION

At 1 September 2024

-

45,384

Charge for year

-

9,800

Eliminated on disposal

-

(1,245

)

(1,245

)

At 31 August 2025

-

53,939

NET BOOK VALUE

At 31 August 2025

128,650

25,735

154,385

At 31 August 2024

128,650

33,718

162,368

Included in cost of land and buildings is freehold land of £ 128,650 (2024 - £ 128,650 ) which is not depreciated.

The land and buildings have not been depreciated because the Directors feel that the deprecation charge would be immaterial as the residual value of the land and buildings is at least equal to the cost of the land and buildings shown in the financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

294,863

225,475

Other debtors

12,406

17,809

307,269

243,284

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade creditors

84,793

58,353

Taxation and social security

165,372

162,083

Other creditors

14,872

9,515

265,037

229,951

7.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

54,060

8.	ULTIMATE CONTROLLING PARTY

The controlling party is The Directors.