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REGISTERED NUMBER: 03767572 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

APEX TRADING LIMITED

APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


APEX TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2019







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 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Stocks 527,907 274,475
Debtors 3 49,852 27,421
Cash in hand 2 2
577,761 301,898
CREDITORS
Amounts falling due within one year 4 555,120 279,506
NET CURRENT ASSETS 22,641 22,392
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,641

22,392

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 22,639 22,390
SHAREHOLDERS' FUNDS 22,641 22,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 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 applicable to companies subject to the small companies regime.

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 31 March 2020 and were signed by:





A Bhanji - Director


APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019

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
2019 2018
£    £   
Trade debtors 26,038 24,368
Amounts owed by related companies 9,340 -
Director's current account 14,474 -
VAT - 3,053
49,852 27,421

APEX TRADING LIMITED (REGISTERED NUMBER: 03767572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2019

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts 71,283 32,189
Trade creditors 396,073 29,187
Amounts owed to related companies 85,318 208,478
Corporation Tax payable 59 625
VAT 671 -
Director's current account - 7,527
Accrued expenses 1,716 1,500
555,120 279,506

5. RELATED PARTY DISCLOSURES

During the year, the company purchased goods for the value of £32,986 (2018: £223,442) 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:-

2019 2018
£    £   
Debtors:
Baronstar Limited 9,340 -
9,340 -

Creditors:
East End Cosmetics Limited 85,318 199,818
Baronstar Limited - 8,660
85,318 208,478


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

As at the balance sheet date, included within debtors is £14,474 (2018: £Nil), an amount due from the director of
the company. The amount due is interest free and there are no specific terms of repayment.