Company Registration No. 10233637 (England and Wales)
AipiData Ltd
Filleted accounts
for the year ended 31 May 2022
AipiData Ltd
Filleted accounts
Contents
AipiData Ltd
Company Information
for the year ended 31 May 2022
Company Number
10233637 (England and Wales)
Registered Office
95 Quarrymans View
Worsley
Manchester
M28 0LB
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
AipiData Ltd
Statement of financial position
as at 31 May 2022
Intangible assets
62,000
-
Cash at bank and in hand
160
9
Creditors: amounts falling due within one year
(22,637)
(23,277)
Net current liabilities
(12,656)
(23,268)
Total assets less current liabilities
49,344
(23,268)
Creditors: amounts falling due after more than one year
(49,065)
-
Net assets/(liabilities)
279
(23,268)
Called up share capital
1,000
1,000
Profit and loss account
(721)
(24,268)
Shareholders' funds
279
(23,268)
For the year ending 31 May 2022 the company was entitled to exemption from audit 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 her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2022 and were signed on its behalf by
Blossom Fletcher
Director
Company Registration No. 10233637
AipiData Ltd
Notes to the Accounts
for the year ended 31 May 2022
AipiData Ltd is a private company, limited by shares, registered in England and Wales, registration number 10233637. The registered office is 95 Quarrymans View, Worsley, Manchester, M28 0LB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
AipiData Ltd
Notes to the Accounts
for the year ended 31 May 2022
4
Intangible fixed assets
Other
5
Tangible fixed assets
Computer equipment
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
13,888
8,970
8
Creditors: amounts falling due after more than one year
2022
2021
AipiData Ltd
Notes to the Accounts
for the year ended 31 May 2022
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
9,821
-
9,821
11
Average number of employees
During the year the average number of employees was 3 (2021: 6).