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Company Registration No. 10763581 (England and Wales)
Apex Engineering Group Limited Unaudited accounts for the year ended 31 October 2024
Apex Engineering Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Apex Engineering Group Limited Company Information for the year ended 31 October 2024
Director
Mr David Wayth
Company Number
10763581 (England and Wales)
Registered Office
85 Great Portland Street London England W1W 7LT
Accountants
Accounting Wise Ltd 3 The Carriages Station Road Ware Hertfordshire SG129PL
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Apex Engineering Group Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
186 
577 
Investments
5
- 
44,750 
186 
45,327 
Current assets
Debtors
6
50,671 
14,980 
Cash at bank and in hand
2,034 
7,280 
52,705 
22,260 
Creditors: amounts falling due within one year
7
(19,861)
(27,436)
Net current assets/(liabilities)
32,844 
(5,176)
Total assets less current liabilities
33,030 
40,151 
Creditors: amounts falling due after more than one year
8
(44,632)
(50,061)
Net liabilities
(11,602)
(9,910)
Capital and reserves
Called up share capital
9
1 
1 
Profit and loss account
(11,603)
(9,911)
Shareholders' funds
(11,602)
(9,910)
For the year ending 31 October 2024 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 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 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 and authorised for issue on 17 February 2026 and were signed on its behalf by
Mr David Wayth Director Company Registration No. 10763581
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Apex Engineering Group Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Apex Engineering Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10763581. The registered office is 85 Great Portland Street, London, England, W1W 7LT.
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.
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:
Plant & machinery
20% Straight Line Method
Computer equipment
33% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
450 
903 
1,353 
At 31 October 2024
450 
903 
1,353 
Depreciation
At 1 November 2023
255 
521 
776 
Charge for the year
90 
301 
391 
At 31 October 2024
345 
822 
1,167 
Net book value
At 31 October 2024
105 
81 
186 
At 31 October 2023
195 
382 
577 
5
Investments
Other investments 
£ 
Valuation at 1 November 2023
44,750 
Disposals
(44,750)
Valuation at 31 October 2024
- 
- 5 -
Apex Engineering Group Limited Notes to the Accounts for the year ended 31 October 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
9,584 
Other debtors
50,671 
5,396 
50,671 
14,980 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
6,179 
6,000 
Taxes and social security
13,682 
896 
Loans from directors
- 
20,540 
19,861 
27,436 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
44,632 
50,061 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1 
1 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr David Wayth
Director Loan
- 
37,884 
- 
37,885 
- 
37,884 
- 
37,885 
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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