Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Apex Supplies UK Limited
Contents
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Apex Supplies UK Limited
(Registration number: 04292375)
Abbreviated Balance Sheet at 31 October 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mr David Barker West
Director
1
Apex Supplies UK Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis, on the understanding that the director and shareholder will continue to financially support the company for the forseeable future.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Fixtures and fittings |
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Motor vehicles |
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Office equipment |
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Stock
Hire purchase and leasing
Apex Supplies UK Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued
Included in other creditors is the directors current account balance of £58,629 (2014 - £59,516.) This amount is interest free and repayable on demand.
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 November 2014 |
39,500 |
24,096 |
63,596 |
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Additions |
- |
78 |
78 |
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At 31 October 2015 |
39,500 |
24,174 |
63,674 |
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Depreciation |
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At 1 November 2014 |
11,850 |
18,275 |
30,125 |
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Charge for the year |
1,975 |
1,353 |
3,328 |
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At 31 October 2015 |
13,825 |
19,628 |
33,453 |
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Net book value |
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At 31 October 2015 |
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At 31 October 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Control |
The company is controlled by