Company Registration No. 04877772 (England and Wales)
Apollo Limited
Unaudited accounts
for the year ended 31 March 2023
Apollo Limited
Unaudited accounts
Contents
Apollo Limited
Company Information
for the year ended 31 March 2023
Company Number
04877772 (England and Wales)
Registered Office
92 Main Street
Skidby
Cottingham
East Yorkshire
HU16 5TH
Apollo Limited
Statement of financial position
as at 31 March 2023
Tangible assets
1,048
1,572
Cash at bank and in hand
83,166
112,525
Creditors: amounts falling due within one year
(36,973)
(58,186)
Net current assets
51,172
64,268
Total assets less current liabilities
52,220
65,840
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
52,018
65,539
Shareholders' funds
52,020
65,541
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2023 and were signed on its behalf by
Paul F Sullivan
Director
Company Registration No. 04877772
Apollo Limited
Notes to the Accounts
for the year ended 31 March 2023
Apollo Limited is a private company, limited by shares, registered in England and Wales, registration number 04877772. The registered office is 92 Main Street, Skidby, Cottingham, East Yorkshire, HU16 5TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 5 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Apollo Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,698
2,107
Taxes and social security
4,904
9,863
Loans from directors
12,590
29,041
Deferred income
10,455
10,205
7
Deferred taxation
2023
2022
Accelerated capital allowances
200
299
Provision at start of year
299
398
Credited to the profit and loss account
(99)
(99)
Provision at end of year
200
299
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).