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Company Registration No. 13017063 (England and Wales)
CoLogic AI Ltd Unaudited accounts for the year ended 30 November 2023
CoLogic AI Ltd Unaudited accounts Contents
Page
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CoLogic AI Ltd Company Information for the year ended 30 November 2023
Director
Max Leo Rodeck
Company Number
13017063 (England and Wales)
Registered Office
Apartment 813, Park Vista Tower London E1W 3AZ
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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CoLogic AI Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,262 
1,052 
Current assets
Debtors
808 
3,878 
Cash at bank and in hand
26,456 
60,949 
27,264 
64,827 
Creditors: amounts falling due within one year
2,465 
(100)
Net current assets
29,729 
64,727 
Net assets
30,991 
65,779 
Capital and reserves
Called up share capital
4 
3 
Share premium
469,988 
354,989 
Profit and loss account
(439,001)
(289,213)
Shareholders' funds
30,991 
65,779 
For the year ending 30 November 2023 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 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 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 12 March 2024 and were signed on its behalf by
Max Leo Rodeck Director Company Registration No. 13017063
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CoLogic AI Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
CoLogic AI Ltd is a private company, limited by shares, registered in England and Wales, registration number 13017063. The registered office is Apartment 813, Park Vista Tower, London, E1W 3AZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,622 
Additions
1,112 
At 30 November 2023
2,734 
Depreciation
At 1 December 2022
570 
Charge for the year
902 
At 30 November 2023
1,472 
Net book value
At 30 November 2023
1,262 
At 30 November 2022
1,052 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
808 
3,878 
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CoLogic AI Ltd Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
888 
6,447 
Taxes and social security
(31,901)
(39,930)
Other creditors
484 
747 
Loans from directors
12,751 
(48)
Accruals
15,313 
32,884 
(2,465)
100 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,500,000 Ordinary shares of £0.000001 each
1.50 
2.00 
289,500 A Ordinary shares of £0.000001 each
0.28 
0.28 
115,619 B Ordinary shares of £0.000001 each
0.11 
0.11 
2,000,000 Deferred shares of £0.000001 each
2.00 
1.00 
3.89 
3.39 
Shares issued during the period:
1,000,000 Deferred shares of £0.000001 each
1 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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