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REGISTERED NUMBER: 03767572 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

APEX TRADING LIMITED

APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


APEX TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2018







DIRECTOR: A Bhanji



SECRETARY: A Bhanji



REGISTERED OFFICE: 135 Colindeep Lane
Colindale
London
NW9 6DD



REGISTERED NUMBER: 03767572 (England and Wales)



ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY



BANKERS: Barclays Bank Plc
The Docklands and South London
PO Box 35721
Hertsmere Road
London
E14 4WA

APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)

BALANCE SHEET
30 JUNE 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Stocks 274,475 236,238
Debtors 3 27,421 37,556
Cash in hand 2 2
301,898 273,796
CREDITORS
Amounts falling due within one year 4 279,506 254,066
NET CURRENT ASSETS 22,392 19,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,392

19,730

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 6 22,390 19,728
SHAREHOLDERS' FUNDS 22,392 19,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 March 2019 and were signed by:





A Bhanji - Director


APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018

1. STATUTORY INFORMATION

Apex Trading Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.

These financial statements for the year ended 30 June 2017 are the first financial statements that comply with
FRS 102 Section 1A small entities. The date of transition is 1 July 2015.

The transition to FRS 102 Section 1A small entities have resulted in no changes in accounting policies to those
used previously, therefore no separate statements for any adjustments are disclosed.

Turnover
Turnover represents sale of cosmetics during the year. Turnover is recognised when the company has right to
consideration.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 24,368 17,714
Amounts owed by related companies - 16,340
Other debtors 3,053 3,502
27,421 37,556

APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 32,189 53,694
Trade creditors 29,187 13,559
Amounts owed to related companies 208,478 184,606
Taxation and social security 625 -
Other creditors 9,027 2,207
279,506 254,066

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
2 Ordinary shares 1 2 2

6. RESERVES
Retained
earnings
£   

At 1 July 2017 19,728
Profit for the year 2,662
At 30 June 2018 22,390

7. RELATED PARTY DISCLOSURES

During the year, the company purchased goods for the value of £223,442 (2016: £272,651) from East End
Cosmetics Limited, a company where the directors are also the directors.

At the balance sheet date, the following balances were outstanding in respect of companies where the directors
have beneficial interest and where the company directors are also the directors:-

2018 2017
£    £   
Creditors:
Baronstar Limited 8,660 (16,340 )
8,660 (16,340 )

Creditors:
East End Cosmetics Limited 199,818 184,606

199,818 184,606


The amounts due are interest free and there are no specific terms of repayment.