Apex Companions Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04296566 (England and Wales)

Abbreviated Accounts for the Year Ended 31st March 2015

for

Apex Companions Limited

DIRECTORS:

M S Patrick

Mrs E A Patrick

REGISTERED OFFICE:

The Pines

Boars Head

Crowborough

East Sussex

TN6 3HD

REGISTERED NUMBER:

04296566 (England and Wales)

FIXED ASSETS

Intangible assets

2

829,201

809,860

Tangible assets

3

160,630

290,037

989,831

1,099,897

CURRENT ASSETS

Stocks

79

79

Debtors

281,226

219,711

Cash at bank

-

91,660

281,305

311,450

CREDITORS

Amounts falling due within one year

990,623

748,465

NET CURRENT LIABILITIES

(709,318

)

(437,015

)

TOTAL ASSETS LESS CURRENT LIABILITIES

280,513

662,882

CREDITORS

Amounts falling due after more than one year

4

-

336,669

NET ASSETS

280,513

326,213

CAPITAL AND RESERVES

Called up share capital

5

4

4

Profit and loss account

280,509

326,209

SHAREHOLDERS' FUNDS

280,513

326,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30th September 2015 and were signed on its behalf by:

M S Patrick - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

not provided

Stocks

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

moving items.