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Company Registration No. 05347214 (England and Wales)
APE Properties Limited Unaudited accounts for the year ended 31 January 2026
APE Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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APE Properties Limited Company Information for the year ended 31 January 2026
Directors
Penelope Jane Hill Andrew Hill
Company Number
05347214 (England and Wales)
Accountants
Falcor BC Limited 61 High Street Chobham GU24 8AF
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APE Properties Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
54,740 
13,000 
Investment property
5
792,252 
1,007,188 
Investments
6
111,867 
84,867 
958,859 
1,105,055 
Current assets
Inventories
33,128 
- 
Debtors
7
4,080 
7,019 
Cash at bank and in hand
2,348 
(9,284)
39,556 
(2,265)
Creditors: amounts falling due within one year
8
(408,155)
(255,159)
Net current liabilities
(368,599)
(257,424)
Total assets less current liabilities
590,260 
847,631 
Creditors: amounts falling due after more than one year
9
(995,507)
(1,172,165)
Provisions for liabilities
Deferred tax
(29,853)
(29,853)
Net liabilities
(435,100)
(354,387)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(435,200)
(354,487)
Shareholders' funds
(435,100)
(354,387)
For the year ending 31 January 2026 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 31 October 2026 and were signed on its behalf by
Andrew Hill Director Company Registration No. 05347214
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APE Properties Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
APE Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05347214.
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 to match to current useful value. No allowance is made for tools described as plant & equipment.
Motor vehicles
20%
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement after completion of building work. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The profits recorded on revaluations are not distributable until such time as the properties are sold.
Going concern
The financial statements have been presented on a Going Concern basis. The Director has undertaken to dispose of the investment properties to meet loan obligations as soon as practically possible. The Director Mrs P Hill is prepared to forgive her loan of £328,904 to enable the Company to meet third party debts.
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APE Properties Limited Notes to the Accounts for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2025
5,000 
10,000 
1,509 
16,509 
Additions
- 
46,108 
- 
46,108 
At 31 January 2026
5,000 
56,108 
1,509 
62,617 
Depreciation
At 1 February 2025
- 
2,000 
1,509 
3,509 
Charge for the year
- 
4,368 
- 
4,368 
At 31 January 2026
- 
6,368 
1,509 
7,877 
Net book value
At 31 January 2026
5,000 
49,740 
- 
54,740 
At 31 January 2025
5,000 
8,000 
- 
13,000 
5
Investment property
2026 
£ 
Fair value at 1 February 2025
1,007,188 
Additions
640 
Disposals
(170,657)
Net loss from fair value adjustments
(44,919)
At 31 January 2026
792,252 
The Company holds two properties 39 Kingsway Blackwater (£657,252) 141 Hampton Lane (£135,000)
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2025
84,867 
Additions
27,000 
Valuation at 31 January 2026
111,867 
A subsidiary company was formed to own and manage 137 Hampton Lane property. The property and mortgage were transferred during the year and the balance on the loan account represents the net equity value of the asset.
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APE Properties Limited Notes to the Accounts for the year ended 31 January 2026
7
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,584 
Amounts due from group undertakings etc.
4,080 
- 
4,080 
10,584 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
(3,565)
8
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
12,514 
12,910 
VAT
29,554 
27,466 
Trade creditors
57,217 
91,651 
Amounts owed to group undertakings and other participating interests
85,908 
7,547 
Taxes and social security
- 
1,442 
Other creditors
222,212 
114,143 
Accruals
750 
- 
408,155 
255,159 
9
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
516,839 
743,585 
Amounts owed to group undertakings and other participating interests
40,258 
- 
Other creditors
109,509 
- 
Loans from directors
328,901 
428,580 
995,507 
1,172,165 
The long term creditors are secured by interest-only Mortgages over the Investment Properties Precise Mortgages £516 839 over 39 Kingsway Catalyst £112,500 over 141 Hampton Lane Brandon Hill an ex-Director is owed £109,509. This debt is interest free with no fixed date of repayment. The Directors (Penelope Hill ) has personally guaranteed mortgages on behalf of the company.
10
Transactions with related parties
The following loans were outstanding with a Director at year end: Interest is not charged on these loan. Penelope Hill (creditor) £328,904 The Company had a loan from direct family members at year end: Callum Hill (credit) £99,556 Brandon Hill (credit) £109,509
11
Average number of employees
During the year the average number of employees was 0 (2025: 1).
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