API GLOBAL UK LIMITED

Company Registration Number:
10723928 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

API GLOBAL UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

API GLOBAL UK LIMITED

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 10,774,790 5,810,705
Cost of sales: ( 9,679,255 ) ( 5,905,680 )
Gross profit(or loss): 1,095,535 (94,975)
Administrative expenses: ( 947,727 ) ( 693,434 )
Other operating income: 159
Operating profit(or loss): 147,967 (788,409)
Profit(or loss) before tax: 147,967 (788,409)
Tax: ( 36,991 )
Profit(or loss) for the financial year: 110,976 (788,409)

API GLOBAL UK LIMITED

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 4,225
Total fixed assets: 0 4,225
Current assets
Debtors: 4 4,142,634 2,512,822
Cash at bank and in hand: 97,969 93,324
Investments: 5 58,000 58,000
Total current assets: 4,298,603 2,664,146
Creditors: amounts falling due within one year: 6 ( 3,205,887 ) ( 2,081,776 )
Net current assets (liabilities): 1,092,716 582,370
Total assets less current liabilities: 1,092,716 586,595
Creditors: amounts falling due after more than one year: 7 ( 21,908 ) ( 31,445 )
Total net assets (liabilities): 1,070,808 555,150
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,070,806 555,148
Total Shareholders' funds: 1,070,808 555,150

The notes form part of these financial statements

API GLOBAL UK LIMITED

Balance sheet statements

For the year ending 30 April 2024 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 January 2025
and signed on behalf of the board by:

Name: Michael Leighton
Status: Director

The notes form part of these financial statements

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 6

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 30,715 30,715
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 April 2024 30,715 30,715
Depreciation
At 1 May 2023 26,490 26,490
Charge for year 4,225 4,225
On disposals
Other adjustments
At 30 April 2024 30,715 30,715
Net book value
At 30 April 2024 0 0
At 30 April 2023 4,225 4,225

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,657,036 1,977,552
Other debtors 1,485,598 535,270
Total 4,142,634 2,512,822

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Current assets investments note

Real Estate Deposit

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 703,222 379,735
Taxation and social security 802,328 797,171
Other creditors 1,700,337 904,870
Total 3,205,887 2,081,776

API GLOBAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 21,908 31,445
Total 21,908 31,445