Apex Education Training Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08672709 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2020

FOR

APEX EDUCATION TRAINING LTD

Page

Balance Sheet

1

FIXED ASSETS

16,056

2,363

CURRENT ASSETS

274,028

227,031

PREPAYMENTS AND ACCRUED INCOME

2,259

1,523

CREDITORS

Amounts falling due within one year

(137,729

)

(102,383

)

NET CURRENT ASSETS

138,558

126,171

TOTAL ASSETS LESS CURRENT LIABILITIES

154,614

128,534

CREDITORS

Amounts falling due after more than one year

(8,329

)

-

ACCRUALS AND DEFERRED INCOME

(14,291

)

(27,501

)

NET ASSETS

131,994

101,033

CAPITAL AND RESERVES

131,994

101,033

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Apex Education Training Ltd 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:

08672709

Registered office:

Nucleus Centre

The Bridge

Dartford

Kent

DA1 5GA

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2019 - 5 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2020 and 31 July 2019:

2020

2019

£

£

K I Maynard

Balance outstanding at start of year

(14,534

)

(10,311

)

Amounts advanced

-

7,700

Amounts repaid

(11,471

)

(11,923

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(26,005

)

(14,534

)

The loan from the director to the company is unsecured and repayable on demand. Interest is charged on the loan at a rate of 10% per annum.

4.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £8,188 (2019 - £2,109).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 November 2020 and were signed by:

K I Maynard - Director