API BOUTIQUE LIMITED


Director	KINCH, Alexandre David


Company Secretary	EXONIA CONSULTING LIMITED


Registered Address	27 Old Gloucester Street
	London
	WC1N 3AX


Registered Number	13074770 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		222
Investments	4		89,312		89,312
			89,312		89,534
Current assets
Debtors		13,351		6,766
Cash at bank and on hand		4,516		7,548
		17,867		14,314
Creditors amounts falling due within one year	5	(52,858)		(13,133)
Net current assets (liabilities)			(34,991)		1,181
Total assets less current liabilities			54,321		90,715
Creditors amounts falling due after one year			(17,993)		(41,259)
Net assets			36,328		49,456
Capital and reserves
Called up share capital			100		100
Revaluation reserve			82,792		82,792
Profit and loss account			(46,564)		(33,436)
Shareholders' funds			36,328		49,456

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 13 June 2025, and are signed on its behalf by:

KINCH, Alexandre David
Director
Registered Company No. 13074770

API BOUTIQUE LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	806
	At 31 December 24	806
	Depreciation and impairment
	At 01 January 24	584
	Charge for year	222
	At 31 December 24	806
	Net book value
	At 31 December 24	-
	At 31 December 23	222

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 24	89,312
	At 31 December 24	89,312
	Net book value
	At 31 December 24	89,312
	At 31 December 23	89,312

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	15,753	12,156
Other creditors	33,163	-
Accrued liabilities and deferred income	3,942	977
Total	52,858	13,133


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.