1 November 2022 false No description of principal activity Taxfiler 2024.4 12971359business:PrivateLimitedCompanyLtd2022-11-012023-10-31 129713592022-10-31 129713592022-11-012023-10-31 12971359business:AuditExemptWithAccountantsReport2022-11-012023-10-31 12971359business:FilletedAccounts2022-11-012023-10-31 129713592023-10-31 12971359business:Director12022-11-012023-10-31 12971359business:RegisteredOffice2022-11-012023-10-31 129713592022-10-31 12971359core:WithinOneYear2023-10-31 12971359core:WithinOneYear2022-10-31 12971359core:AfterOneYear2023-10-31 12971359core:AfterOneYear2022-10-31 12971359core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12971359core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12971359core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12971359core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12971359core:PreviouslyStatedAmount2023-10-31 12971359core:PreviouslyStatedAmount2022-10-31 12971359business:SmallEntities2022-11-012023-10-31 12971359countries:EnglandWales2022-11-012023-10-31 12971359core:MotorVehicles2022-11-012023-10-31 12971359core:MotorVehicles2022-10-31 12971359core:MotorVehicles2023-10-31 129713592021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12971359 (England and Wales)
A2 INNOVATIONS LTD Unaudited accounts for the year ended 31 October 2023
A2 INNOVATIONS LTD Unaudited accounts Contents
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A2 INNOVATIONS LTD Company Information for the year ended 31 October 2023
Director
Mr J A G Anandan
Company Number
12971359 (England and Wales)
Registered Office
1 Gleneagles Close Bletchley Milton Keynes MK3 7RT England
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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A2 INNOVATIONS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,320 
43,094 
Current assets
Debtors
11,423 
11,423 
Cash at bank and in hand
10,275 
15,653 
21,698 
27,076 
Creditors: amounts falling due within one year
(18,131)
(14,899)
Net current assets
3,567 
12,177 
Total assets less current liabilities
35,887 
55,271 
Creditors: amounts falling due after more than one year
(19,690)
(22,718)
Net assets
16,197 
32,553 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
16,195 
32,551 
Shareholders' funds
16,197 
32,553 
For the year ending 31 October 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 8 July 2024 and were signed on its behalf by
Mr J A G Anandan Director Company Registration No. 12971359
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A2 INNOVATIONS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
A2 INNOVATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12971359. The registered office is 1 Gleneagles Close, Bletchley, Milton Keynes, MK3 7RT, England.
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:
Motor vehicles
25% Reducing balance basis
Turnover
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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A2 INNOVATIONS LTD Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2022
54,435 
At 31 October 2023
54,435 
Depreciation
At 1 November 2022
11,341 
Charge for the year
10,774 
At 31 October 2023
22,115 
Net book value
At 31 October 2023
32,320 
At 31 October 2022
43,094 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
11,423 
11,423 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,107 
7,019 
Obligations under finance leases and hire purchase contracts
2,649 
2,330 
Taxes and social security
12,595 
3,459 
Loans from directors
1,060 
1,371 
Accruals
720 
720 
18,131 
14,899 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,690 
22,718 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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