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REGISTERED NUMBER: 10652861 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Apichisi Limited

Apichisi Limited (Registered number: 10652861)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Apichisi Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs O Robinson
Dr P Robinson





REGISTERED OFFICE: 3 Park Square East
Leeds
LS1 2NE





REGISTERED NUMBER: 10652861 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
3 Park Square
Leeds
LS1 2NE

Apichisi Limited (Registered number: 10652861)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Investments 5 131,327 86,255
131,327 86,255

CURRENT ASSETS
Debtors 6 7,242 34,115
Cash at bank 109,973 130,629
117,215 164,744
CREDITORS
Amounts falling due within one year 7 21,267 25,439
NET CURRENT ASSETS 95,948 139,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,275

225,560

CREDITORS
Amounts falling due after more than one
year

8

11,909

19,241
NET ASSETS 215,366 206,319

CAPITAL AND RESERVES
Called up share capital 9 3,000 3,000
Retained earnings 10 212,366 203,319
SHAREHOLDERS' FUNDS 215,366 206,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Apichisi Limited (Registered number: 10652861)

Balance Sheet - continued
31 May 2024


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 Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





Dr P Robinson - Director


Apichisi Limited (Registered number: 10652861)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Apichisi 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 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services provided, excluding value added tax.

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Apichisi Limited (Registered number: 10652861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 10,857
AMORTISATION
At 1 June 2023
and 31 May 2024 10,857
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. FIXED ASSET INVESTMENTS
Interest
in
related Other
undertaking investments Totals
£    £    £   
COST OR VALUATION
At 1 June 2023 3,000 83,255 86,255
Additions - 38,483 38,483
Disposals - (12,195 ) (12,195 )
Revaluations - 18,784 18,784
At 31 May 2024 3,000 128,327 131,327
NET BOOK VALUE
At 31 May 2024 3,000 128,327 131,327
At 31 May 2023 3,000 83,255 86,255

Cost or valuation at 31 May 2024 is represented by:

Interest
in
related Other
undertaking investments Totals
£    £    £   
Valuation in 2024 3,000 128,327 131,327

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed from related undertakings - 27,073
Prepayments 7,242 7,042
7,242 34,115

Apichisi Limited (Registered number: 10652861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loan 8,400 8,400
Directors' current accounts 11,308 15,480
Accruals 1,559 1,559
21,267 25,439

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loan 11,909 19,241

The loan creditor represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The loan creditor carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
3,000 Ordinary £1 3,000 3,000

10. RESERVES
Retained
earnings
£   

At 1 June 2023 203,319
Profit for the year 20,547
Dividends (11,500 )
At 31 May 2024 212,366

11. RELATED PARTY DISCLOSURES

During the period the company raised invoices totalling £80,000 (2023: £80,000) to Skeletal Imaging Limited, a company of which Dr P Robinson and Mrs O Robinson are both directors.

At 31 May 2024 the company was owed an amount of £Nil (2023: £27,073) from Skeletal Imaging Limited.

During the period the company paid dividends totalling £11,500 (2023: £19,500) to its directors.

12. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.