REGISTERED NUMBER: 00739794 (England and Wales)

APEX DIAMOND PRODUCTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

D A Caiazzo

R T Theriault

Registered office:

Unit 10 Bartleet Road

Washford Indl. Estate

Redditch

Worcs.

B98 0DQ

Registered number:

00739794 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

267,548

294,818

Current assets

Stocks

41,134

43,405

Debtors

5

154,003

181,795

Cash at bank and in hand

263,081

319,990

458,218

545,190

Creditors

Amounts falling due within one year

6

(57,692

)

(86,754

)

Net current assets

400,526

458,436

Total assets less current liabilities

668,074

753,254

Provisions for liabilities

(51,308

)

(57,266

)

Net assets

616,766

695,988

Capital and reserves

Called up share capital

7

5,040

5,040

Revaluation reserve

56,259

56,259

Capital redemption reserve

4,960

4,960

Retained earnings

550,507

629,729

Shareholders' funds

616,766

695,988

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 17 September 2026 and were signed on its behalf by:

D A Caiazzo - Director

1.	Statutory information

Apex Diamond Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

-

the company has transferred the significant risks and rewards of ownership to the buyer;

-

the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

-

the amount of turnover can be measured reliably;

-

it is probable that the company will receive the consideration due under the transaction; and

-

the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold buildings

-

2.5% straight line

Plant & machinery

-

15% reducing balance

Fixtures & fittings

-

15% reducing balance

Stocks

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

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans with related parties and investments in ordinary shares.

All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	Employees and directors

The average number of employees during the year was 15 (2024 - 16 ) .

4.	Tangible fixed assets

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

Cost

At 1 January 2025

128,825

622,838

40,813

792,476

Additions

-

6,091

6,322

12,413

At 31 December 2025

128,825

628,929

47,135

804,889

Depreciation

At 1 January 2025

64,267

403,787

29,604

497,658

Charge for year

3,221

33,829

2,633

39,683

At 31 December 2025

67,488

437,616

32,237

537,341

Net book value

At 31 December 2025

61,337

191,313

14,898

267,548

At 31 December 2024

64,558

219,051

11,209

294,818

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

150,757

178,432

Prepayments

3,246

3,363

154,003

181,795

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

10,247

23,039

Corporation tax

6,604

29,889

Social security and other taxes

22,483

22,039

VAT

5,841

3,945

Other creditors

3,859

4,246

Accruals and deferred income

8,658

3,596

57,692

86,754

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,040

Ordinary

£1

5,040

5,040

8.	Related party disclosures

The company was controlled by its directors throughout the current and previous year. The company has no individual controlling party.