APOLLO PERSONNEL LTD

APOLLO PERSONNEL LTD

APOLLO PERSONNEL LTD - Company Information

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APOLLO PERSONNEL LTD

Company Registration Number:
07579369 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

APOLLO PERSONNEL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

APOLLO PERSONNEL LTD

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 3,156 1,063
Total fixed assets: 3,156 1,063
Current assets
Debtors:   267,467 111,884
Cash at bank and in hand: 264,009 272,512
Total current assets: 531,476 384,396
Creditors: amounts falling due within one year:   (217,391) (137,237)
Net current assets (liabilities): 314,085 247,159
Total assets less current liabilities: 317,241 248,222
Total net assets (liabilities): 317,241 248,222
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 317,231 248,212
Shareholders funds: 317,241 248,222

The notes form part of these financial statements

APOLLO PERSONNEL LTD

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 January 2021
and signed on behalf of the board by:

Name: M Finnigan
Status: Director

The notes form part of these financial statements

APOLLO PERSONNEL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Other accounting policies

TaxationThe taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive ncome, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Tangible assetsTangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulateddepreciation and impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluationless any subsequent accumulated depreciation and subsequent accumulated impairment losses.DepreciationDepreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset.ImpairmentA review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

APOLLO PERSONNEL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 1 1

APOLLO PERSONNEL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 3,005
Additions 2,650
At 31 March 2020 5,655
Depreciation
At 01 April 2019 1,942
Charge for year 557
At 31 March 2020 2,499
Net book value
At 31 March 2020 3,156
At 31 March 2019 1,063

APOLLO PERSONNEL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Loans to directors

Name of director receiving advance or credit: M Finnigan
Description of the loan: Loan advance
£
Balance at 01 April 2019 43,183
Advances or credits made: 16,241
Balance at 31 March 2020 59,424

The company charges interest on all loan advances to the director.