Apexglobe Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04421372 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2014

for

Apexglobe Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A J White

SECRETARY:

NRB Secretaries Ltd

REGISTERED OFFICE:

The Stables

Chestnut Farm

Cuxham

Watlington

Oxfordshire

OX49 5ND

REGISTERED NUMBER:

04421372 (England and Wales)

ACCOUNTANTS:

N R Bennett Ltd

The Stables

Chestnut Farm

Cuxham

Watlington

Oxfordshire

OX49 5ND

FIXED ASSETS

Tangible assets

2

3,599

4,633

CURRENT ASSETS

Stocks

8,443

16,291

Debtors

6,079

3,241

Cash at bank

10,710

-

25,232

19,532

CREDITORS

Amounts falling due within one year

23,944

20,529

NET CURRENT ASSETS/(LIABILITIES)

1,288

(997

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,887

3,636

CREDITORS

Amounts falling due after more than one year

-

2,167

NET ASSETS

4,887

1,469

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

4,886

1,468

SHAREHOLDERS' FUNDS

4,887

1,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 7 January 2015 and were signed by:

A J White - 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.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

18,934

Additions

3,000

Disposals

(9,100

)

At 30 April 2014

12,834

DEPRECIATION

At 1 May 2013

14,301

Charge for year

1,112

Eliminated on disposal

(6,178

)

At 30 April 2014

9,235

NET BOOK VALUE

At 30 April 2014

3,599

At 30 April 2013

4,633

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

1

Ordinary

£1

1

1