IRIS Accounts Production v23.3.1.45 13111292 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 0.0100 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131112922022-06-30131112922023-06-30131112922022-07-012023-06-30131112922021-01-03131112922021-01-042022-06-30131112922022-06-3013111292ns10:Originalns15:EnglandWales2022-07-012023-06-3013111292ns14:PoundSterlingns10:Original2022-07-012023-06-3013111292ns10:Originalns10:Director12022-07-012023-06-3013111292ns10:Original2022-07-012023-06-3013111292ns10:Original2023-06-3013111292ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3013111292ns10:Originalns10:SmallEntities2022-07-012023-06-3013111292ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3013111292ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3013111292ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3013111292ns10:Originalns10:FullAccounts2022-07-012023-06-3013111292ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3013111292ns10:Originalns10:OrdinaryShareClass22022-07-012023-06-3013111292ns10:Originalns10:Director22022-07-012023-06-3013111292ns10:Originalns10:Director32022-07-012023-06-3013111292ns10:Originalns10:RegisteredOffice2022-07-012023-06-3013111292ns10:Original2022-06-3013111292ns10:Originalns5:CurrentFinancialInstruments2023-06-3013111292ns10:Originalns5:CurrentFinancialInstruments2022-06-3013111292ns5:ShareCapitalns10:Original2023-06-3013111292ns5:ShareCapitalns10:Original2022-06-3013111292ns10:Originalns5:SharePremium2023-06-3013111292ns10:Originalns5:SharePremium2022-06-3013111292ns10:Originalns5:ComputerEquipment2022-07-012023-06-3013111292ns10:Original2021-01-042022-06-3013111292ns10:Originalns5:ComputerEquipment2022-06-3013111292ns10:Originalns5:ComputerEquipment2023-06-3013111292ns10:Originalns5:ComputerEquipment2022-06-3013111292ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3013111292ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3013111292ns10:Originalns10:OrdinaryShareClass12023-06-3013111292ns10:Originalns10:OrdinaryShareClass22023-06-3013111292ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3013111292ns10:Originalns5:SharePremium2022-06-3013111292ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-3013111292ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-30
REGISTERED NUMBER: 13111292 (England and Wales)















Included.ai Limited

Unaudited Financial Statements

for the Year Ended 30 June 2023






Included.ai Limited (Registered number: 13111292)

Contents of the Financial Statements
for the year ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Included.ai Limited

Company Information
for the year ended 30 June 2023







Directors: J D Williams
C R Mendoza
E R Foges





Registered office: 124 City Road
London
EC1V 2NX





Registered number: 13111292 (England and Wales)






Included.ai Limited (Registered number: 13111292)

Balance Sheet
30 June 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 2,024 1,079

Current assets
Debtors 5 35,545 2,786
Cash at bank 11,688 2,842
47,233 5,628
Creditors
Amounts falling due within one year 6 57,681 87,378
Net current liabilities (10,448 ) (81,750 )
Total assets less current liabilities (8,424 ) (80,671 )

Capital and reserves
Called up share capital 7 8,807 100
Share premium 8 208,848 -
Retained earnings 8 (226,079 ) (80,771 )
Shareholders' funds (8,424 ) (80,671 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 21 February 2024 and were signed on its behalf by:





J D Williams - Director


Included.ai Limited (Registered number: 13111292)

Notes to the Financial Statements
for the year ended 30 June 2023


1. Statutory information

Included.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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 3 ) .

Included.ai Limited (Registered number: 13111292)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


4. Tangible fixed assets
Computer
equipment
£
Cost
At 1 July 2022 1,390
Additions 1,723
At 30 June 2023 3,113
Depreciation
At 1 July 2022 311
Charge for year 778
At 30 June 2023 1,089
Net book value
At 30 June 2023 2,024
At 30 June 2022 1,079

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 29,700 -
Other debtors 5,845 2,786
35,545 2,786

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 3,753 4,880
Taxation and social security 18,620 5,209
Other creditors 35,308 77,289
57,681 87,378

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
105,000 Ordinary £0.001 105 100
8,702 Ordinary A £1 8,702 -
8,807 100

During the year, the 100 ordinary shares with a nominal value of £1 each were sub-divided into 100,000 ordinary shares with a nominal value of £0.0001 each. A further 5,000 ordinary shares were allotted with a nominal value of £0.0001 each.

During the year, 8702 ordinary A shares with a nominal value of £1 were allotted

Included.ai Limited (Registered number: 13111292)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


8. Reserves
Retained Share
earnings premium Totals
£ £ £

At 1 July 2022 (80,771 ) - (80,771 )
Deficit for the year (145,308 ) (145,308 )
Cash share issue - 208,848 208,848
At 30 June 2023 (226,079 ) 208,848 (17,231 )