Company Registration No. 06910332 (England and Wales)
Apollo Properties UK Limited
Unaudited accounts
for the year ended 31 May 2019
Apollo Properties UK Limited
Unaudited accounts
Contents
Apollo Properties UK Limited
Company Information
for the year ended 31 May 2019
Directors
Mr. Nitin Kapoor
Mr. Sukchain Hampal
Dr Gurjit Singh Bhavra
Company Number
06910332 (England and Wales)
Registered Office
17 Northumberland Gardens
Isleworth
Middlesex
TW7 5NT
Accountants
Benison Solvers Limited
1000 Great West Road
Brentford
Middlesex
TW8 9DW
Apollo Properties UK Limited
Statement of financial position
as at
31 May 2019
Tangible assets
1,061,205
561,294
Cash at bank and in hand
2,743
327
Creditors: amounts falling due within one year
(72,933)
(75,394)
Net current liabilities
(70,190)
(75,067)
Total assets less current liabilities
991,015
486,227
Creditors: amounts falling due after more than one year
(322,884)
(334,987)
Provisions for liabilities
Net assets
573,131
151,240
Called up share capital
75,000
75,000
Profit and loss account
498,131
76,240
Shareholders' funds
573,131
151,240
For the year ending 31 May 2019 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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.
Approved by the Board on 20 July 2019.
Dr Gurjit Singh Bhavra
Director
Company Registration No. 06910332
Apollo Properties UK Limited
Notes to the Accounts
for the year ended 31 May 2019
Apollo Properties UK Limited is a private company, limited by shares, registered in England and Wales, registration number 06910332. The registered office is 17 Northumberland Gardens, Isleworth, Middlesex, TW7 5NT.
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.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
Reducing Balance at 20%
4
Tangible fixed assets
Total
The valuation of the Land and Building is based on the market value of similar properties in the surrounding area of the company's property. This valuation is conducted in July 2019 on the basis of the property available to sell or sold during this period.
5
Deferred taxation
2019
2018
Revaluation of land and buildings
95,000
-
Apollo Properties UK Limited
Notes to the Accounts
for the year ended 31 May 2019
Charged to other comprehensive income
95,000
-
Provision at end of year
95,000
-
Deferred taxation is calculated to reflect the corporation tax liability on the revaluation in July 2019.
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Share capital
2019
2018
Allotted, called up and fully paid:
75,000 Ordinary shares of £1 each
75,000
75,000
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Average number of employees
During the year the average number of employees was 0 (2018: 0).