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REGISTERED NUMBER: 12951707 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Aptitude.ai Limited

Aptitude.ai Limited (Registered number: 12951707)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Aptitude.ai Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M S Butterworth
S I Jaffrey





REGISTERED OFFICE: Upper Willsley House
Angley Road
Cranbrook
TN17 2LF





REGISTERED NUMBER: 12951707 (England and Wales)





ACCOUNTANTS: Goddard Accounting and Tax Solutions
Duncargen
St Margaret’s Drive
Dunblane
Stirlingshire
FK15 0DP

Aptitude.ai Limited (Registered number: 12951707)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 2,718

CURRENT ASSETS
Debtors 5 - 118,978
Cash at bank 342,164 119,270
342,164 238,248
CREDITORS
Amounts falling due within one year 6 145,407 79,685
NET CURRENT ASSETS 196,757 158,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

196,757

161,281

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 196,657 161,181
196,757 161,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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 2 November 2023 and were signed on its behalf by:





M S Butterworth - Director


Aptitude.ai Limited (Registered number: 12951707)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Aptitude.ai 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022 2,718
Disposals (2,718 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 2,718

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors - 118,878
Amounts owed by group undertakings - 100
- 118,978

Aptitude.ai Limited (Registered number: 12951707)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 137,085 -
Taxation and social security 8,322 53,855
Other creditors - 25,830
145,407 79,685

7. RELATED PARTY DISCLOSURES

During the year the company purchased HR resourcing (consultancy) from it's parent company, Aptitude Advisors Limited.
At 31 March 2023, the company owed Aptitude Advisors Limited £137,085 (2022 - debtor £100).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Aptitude.ai Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aptitude.ai Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Aptitude.ai Limited, as a body, in accordance with the terms of our engagement letter dated 17 May 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Aptitude.ai Limited and state those matters that we have agreed to state to the Board of Directors of Aptitude.ai Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aptitude.ai Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aptitude.ai Limited. You consider that Aptitude.ai Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aptitude.ai Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goddard Accounting and Tax Solutions
Duncargen
St Margaret’s Drive
Dunblane
Stirlingshire
FK15 0DP


2 November 2023