Apex Engineering Solutions Limited - Accounts to registrar (filleted) - small 18.1
Apex Engineering Solutions Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2017 |
| for |
| Apex Engineering Solutions Limited |
| Apex Engineering Solutions Limited (Registered number: 04227729) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Apex Engineering Solutions Limited |
| Company Information |
| for the Year Ended 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 3 Park Square |
| Leeds |
| LS1 2NE |
| Apex Engineering Solutions Limited (Registered number: 04227729) |
| Balance Sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Apex Engineering Solutions Limited (Registered number: 04227729) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| Apex Engineering Solutions Limited is a |
| The company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| Apex Engineering Solutions Limited (Registered number: 04227729) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Sundry debtors and prepayments |
| Amounts owed by related undertakings | 21,134 | 16,968 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Invoice discounting loan |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors and accruals |
| Directors' current accounts | 190 | 2,668 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Invoice discounting loan |
| T A Homer has provided a £50,000 personal guarantee to the invoice discounting loan provider in respect of the |
| company's invoice discounting loan. |
| The invoice discounting loan provider has an all assets debenture in place incorporating a fixed and floating |
| charge over the assets of the company in respect of the invoice discounting loan. This was created on 17 April |
| 2015. |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| Ordinary B | £1 | 200 | 200 |
| 1,200 | 1,200 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £106,796 (2016 - £110,050) were paid to the directors . |
| Apex Engineering Solutions Limited (Registered number: 04227729) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 9. | RELATED PARTY DISCLOSURES - continued |
| Apex Recruitment Solutions Limited is a company under common control. At 31 December 2017 Apex |
| Recruitment Solutions Limited owed the company £7,518 (2016: £16,968). |
| 1492 Limited is a company under common control. At 31 December 2017 1492 Limited owed the company |
| £13,626. |
| During the year, the company paid dividends of £5,904 (2016: £4,950) to N Homer. N Homer is the wife of T |
| Homer. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |