Abbreviated Company Accounts - APEX SERVICES GROUP LIMITED

APEX SERVICES GROUP LIMITED - Company Information

04358315 APEX SERVICES GROUP LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04358315 2015-04-01 2016-03-31 04358315 2016-03-31 04358315 2015-03-31 04358315 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04358315 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04358315

APEX SERVICES GROUP LIMITED

Abbreviated Accounts

31 March 2016

APEX SERVICES GROUP LIMITED Registered Number 04358315

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	26,116	35,184
Investments	3	4	4
		26,120	35,188
Current assets
Debtors		36,658	29,873
Cash at bank and in hand		1,060	1,197
		37,718	31,070
Creditors: amounts falling due within one year		(43,274)	(52,914)
Net current assets (liabilities)		(5,556)	(21,844)
Total assets less current liabilities		20,564	13,344
Total net assets (liabilities)		20,564	13,344
Capital and reserves
Called up share capital	4	60	60
Profit and loss account		20,504	13,284
Shareholders' funds		20,564	13,344

For the year ending 31 March 2016 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 December 2016

And signed on their behalf by:
J Routledge, Director

APEX SERVICES GROUP LIMITED Registered Number 04358315

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line
Motor vehicles 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 April 2015	125,054
Additions	2,303
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	127,357
Depreciation
At 1 April 2015	89,870
Charge for the year	11,371
On disposals	-
At 31 March 2016	101,241
Net book values
At 31 March 2016	26,116
At 31 March 2015	35,184

3Fixed assets Investments
The company holds 20% or more of the share capital of the following companies:

Apex Design and Construction Limited
Activity : Specialist and general building
Shares held : 100% of the Ordinary share capital
Profit for the year : (£14,747)
Capital and reserves : £8,874

Apex Electrical and Alarms Limited
Activity : dormant
Shares held : 100% of the Ordinary share capital
Profit for the year : £nil
Capital and reserves : £2

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
60 Ordinary shares of £1 each	60	60