API Hero Ltd 14441978 Software Development false 25 October 2022 14441978 2022-10-25 2023-12-31 14441978 2022-10-24 14441978 2023-12-31 14441978 frs102-bus:FRS102 2022-10-25 2023-12-31 14441978 frs102-bus:PrivateLimitedCompanyLtd 2022-10-25 2023-12-31 14441978 frs102-bus:FullAccounts 2022-10-25 2023-12-31 14441978 frs102-bus:AuditExempt-NoAccountantsReport 2022-10-25 2023-12-31 14441978 frs102-core:CurrentFinancialInstruments 2023-12-31 14441978 frs102-core:Non-currentFinancialInstruments 2023-12-31 14441978 frs102-core:ShareCapital 2023-12-31 14441978 frs102-core:RetainedEarningsAccumulatedLosses 2023-12-31 14441978 frs102-bus:Director1 2022-10-25 2023-12-31 14441978 frs102-core:Non-currentFinancialInstruments 2022-10-25 2023-12-31 14441978 frs102-bus:OrdinaryShareClass1 2023-12-31 14441978 frs102-bus:OrdinaryShareClass1 2022-10-25 2023-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
14441978
API Hero Ltd
Unaudited Accounts
for the period
25 October 2022 to 31 December 2023
API Hero Ltd
Balance Sheet
as at 31 December 2023
Notes
2023
£
Current assets
Debtors 3 11,034
Cash at bank and in hand 68,347
79,381
Creditors: amounts falling due within one year 4 (20,509)
Net current assets / (liabilities) 58,872
Total assets less current liabilities 58,872
Creditors: amounts falling due after more than one year 5 (403,881)
Provisions for liabilities (0)
Total net assets (liabilities) (345,009)
Capital and reserves
Called up share capital 6 200,000
Profit and loss account (545,009)
Shareholders' funds (345,009)

API Hero Ltd
Balance Sheet
as at 31 December 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr J Ritchie

Director


Approved by the board on 23 August 2024

Company Number: 14441978 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

3rd Floor
1 Ashley Road
Altrincham
Cheshire
WA14 2DT
United Kingdom

API Hero Ltd
Notes to the Accounts
for the period 25 October 2022 to 31 December 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
2. Employees
2023
Average number of employees during the period 4

3. Debtors
2023
£
Other debtors 11,034
11,034

4. Creditors: amounts falling due within one year
2023
£
Trade creditors 600
Taxation & social security 9,854
Other creditors 10,055
20,509

5. Creditors: amounts falling due after one year
2023
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest 403,881
403,881

An interest free loan facility is provided by the parent API Hero, Inc. The balance of this facility as at 31 December 2023 was £403,881 (2022: £82,069).


6. Share capital
2023
£
Allotted, called up and fully paid:
20,000,001 Ordinary shares of £0.01 each 200,000.01
200,000