true
Apex Construction and Developments Ltd
07072558
2015-03-31
62791
33283
62792
33284
1
1
62792
33284
11260
0
13433
29589
87485
62873
31178
9710
2223818
865156
2254996
874866
290122
133822
1322391
731861
642483
9183
56307
53163
56307
53163
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinery
Method for Plant & equipment
0.0000
Motor Vehicles
Method for Motor vehicles
0.0000
Equipment
Method for Equipment
0.0000
85066
64064
21002
28759
10901
17858
85066
64064
21002
28759
10901
17858
Ordinary
1
1
1
1
Ordinary
1
1
1
1
2015-12-15
Mr A Leslie
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Apex Construction and Developments Ltd
2014-04-01
2015-03-31
Apex Construction and Developments Ltd
2013-04-01
2014-03-31
Apex Construction and Developments Ltd
2013-03-31
Apex Construction and Developments Ltd
2014-03-31
Apex Construction and Developments Ltd
2014-03-31
Apex Construction and Developments Ltd
2015-03-31
2015-12-23