Acorah Software Products - Accounts Production 19.3.550 false true 30 August 2023 31 August 2022 false 31 August 2023 30 August 2024 30 August 2024 10917745 Mr Amit Sharma Mr Amit Sharma iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10917745 2023-08-30 10917745 2024-08-30 10917745 2023-08-31 2024-08-30 10917745 frs-core:CurrentFinancialInstruments 2024-08-30 10917745 frs-core:Non-currentFinancialInstruments 2024-08-30 10917745 frs-core:ShareCapital 2024-08-30 10917745 frs-core:RetainedEarningsAccumulatedLosses 2024-08-30 10917745 frs-bus:PrivateLimitedCompanyLtd 2023-08-31 2024-08-30 10917745 frs-bus:FilletedAccounts 2023-08-31 2024-08-30 10917745 frs-bus:SmallEntities 2023-08-31 2024-08-30 10917745 frs-bus:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-30 10917745 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-31 2024-08-30 10917745 frs-bus:Director1 2023-08-31 2024-08-30 10917745 frs-bus:Director1 2023-08-30 10917745 frs-bus:Director1 2024-08-30 10917745 frs-bus:CompanySecretary1 2023-08-31 2024-08-30 10917745 frs-countries:EnglandWales 2023-08-31 2024-08-30 10917745 2022-08-30 10917745 2023-08-30 10917745 2022-08-31 2023-08-30 10917745 frs-core:CurrentFinancialInstruments 2023-08-30 10917745 frs-core:Non-currentFinancialInstruments 2023-08-30 10917745 frs-core:ShareCapital 2023-08-30 10917745 frs-core:RetainedEarningsAccumulatedLosses 2023-08-30
Registered number: 10917745
API Innovation Ltd
Unaudited Financial Statements
For The Year Ended 30 August 2024
TAG Accountants Group Limited
API Innovation Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
API Innovation Ltd
Balance Sheet
As At 30 August 2024
Balance Sheet
Registered number: 10917745

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 2,531 |  | 2,553 |
Cash at bank and in hand |  | - |  | 39 |
|  | 2,531 |  | 2,592 |
Creditors: Amounts Falling Due Within One Year | 5 | (14,098 ) |  | (14,097 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (11,567 ) |  | (11,505 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (11,567 ) |  | (11,505 )
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (27,226 ) |  | (27,226 )
NET LIABILITIES |  |  | (38,793 ) |  | (38,731 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 2 |  | 2
Profit and Loss Account |  |  | (38,795 ) |  | (38,733 )
SHAREHOLDERS' FUNDS |  |  | (38,793) |  | (38,731)

Page 1
Page 2
API Innovation Ltd
Balance Sheet (continued)
As At 30 August 2024
For the year ending 30 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Amit Sharma Director
4th August 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
API Innovation Ltd
Notes to the Financial Statements
For The Year Ended 30 August 2024
Notes to the Financial Statements
1. General Information
API Innovation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10917745 . The registered office is 8 Pendeford Place, Pendeford Business Park, Wolverhampton, West Midlands, WV9 5HD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
VAT | 1,977 |  | 1,977
Director's loan account | 554 |  | 576
| 2,531 |  | 2,553

5. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 3,810 |  | 3,809
Bank loans and overdrafts | 9,788 |  | 9,788
Accruals and deferred income | 500 |  | 500
| 14,098 |  | 14,097

6. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 27,226 |  | 27,226

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 3
Page 4
API Innovation Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 August 2024
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 31 August 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 August 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Amit Sharma | 576 | - | 22 | - | 554

The above loan is unsecured, interest free and repayable on demand.
Page 4