Apollo Capital Ventures Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07777219 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Apollo Capital Ventures Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C P Eaton LLB (Hons) C Dir

SECRETARY:

Cornhill Services Limited

REGISTERED OFFICE:

2nd Floor

145-157 St John Street

London

EC1V 4PY

REGISTERED NUMBER:

07777219 (England and Wales)

ACCOUNTANTS:

ILS Fiduciaries (IOM) Limited

First Floor

Millennium House

Victoria Road

Douglas

Isle of Man

IM2 4RW

FIXED ASSETS

Investments

4

1

1

CURRENT ASSETS

Debtors

5

174,284

142,275

Cash at bank

104

7

174,388

142,282

CREDITORS

Amounts falling due within one year

6

98,249

79,015

NET CURRENT ASSETS

76,139

63,267

TOTAL ASSETS LESS CURRENT LIABILITIES

76,140

63,268

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

76,139

63,267

SHAREHOLDERS' FUNDS

76,140

63,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 and authorised for issue on 16 October 2020 and were signed by:

Mr C P Eaton LLB (Hons) C Dir - Director

1.	STATUTORY INFORMATION

Apollo Capital Ventures 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments

Fixed asset investments are shown at their cost to the company, including all costs of acquisition, less any provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	FIXED ASSET INVESTMENTS

Unquoted

shares

£

COST

At 1 April 2019

and 31 March 2020

1

NET BOOK VALUE

At 31 March 2020

1

At 31 March 2019

1

The unquoted shares represent an investment in Keylite LLC, a dormant company incorporated in Delaware.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

173,718

133,956

Prepayments

565

401

Called up share capital not paid

1

1

Accrued income

-

7,917

174,284

142,275

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

590

4,715

Deferred income

11,348

-

Sundry creditor

1

1

Amounts owed to related parties

12,750

6,342

Amounts owed to other creditors

57,906

57,410

Tax

14,605

9,461

Accruals

1,049

1,086

98,249

79,015

Amounts owed to related parties and other creditors contains loans which are unsecured, interest-free and without specified repayment dates.

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2020

2019

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2019

63,267

Profit for the year

12,872

At 31 March 2020

76,139

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 31 March 2020, which occurred before the date of approval of the financial statements by the directors, have been included to the extent required to show a true and fair view of the state of affairs at 31 March 2020 and of the results of the year ended on that date.