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REGISTERED NUMBER: 10405447 (England and Wales)
















Anemos Technology Limited

Unaudited Financial Statements

for the Year Ended 31st October 2023






Anemos Technology Limited (Registered number: 10405447)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Anemos Technology Limited

Company Information
for the Year Ended 31st October 2023







Director: Mr R Aras





Registered office: 4th Floor
100 Fenchurch Street
London
EC3M 5JD





Registered number: 10405447 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Anemos Technology Limited (Registered number: 10405447)

Statement of Financial Position
31st October 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 186,439 229,073
Tangible assets 5 15,813 19,008
202,252 248,081

Current assets
Debtors 6 4,597 40,212
Cash at bank 1,416 241,929
6,013 282,141
Creditors
Amounts falling due within one year 7 469,098 446,844
Net current liabilities (463,085 ) (164,703 )
Total assets less current liabilities (260,833 ) 83,378

Creditors
Amounts falling due after more than one
year

8

10,450

17,050
Net (liabilities)/assets (271,283 ) 66,328

Capital and reserves
Called up share capital 104,230 104,230
Share premium 190,000 190,000
Retained earnings (565,513 ) (227,902 )
(271,283 ) 66,328

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Anemos Technology Limited (Registered number: 10405447)

Statement of Financial Position - continued
31st October 2023


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 director and authorised for issue on 29th July 2024 and were signed by:





Mr R Aras - Director


Anemos Technology Limited (Registered number: 10405447)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. Statutory information

Anemos Technology 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.

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director, that it will continue to give financial support to the company for twelve months from the date of signing of these financial statements and defer payment of its loan in favour of other creditors.

On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - 20% straight line
Fixtures and fittings - 25% reducing balance
Computer equipment - 25% reducing balance

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 statement of financial position date.


Anemos Technology Limited (Registered number: 10405447)

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

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Intangible fixed assets
Patents
and Development
licences costs Totals
£    £    £   
Cost
At 1st November 2022 24,925 404,162 429,087
Additions - 80,780 80,780
At 31st October 2023 24,925 484,942 509,867
Amortisation
At 1st November 2022 5,145 194,869 200,014
Amortisation for year 2,532 120,882 123,414
At 31st October 2023 7,677 315,751 323,428
Net book value
At 31st October 2023 17,248 169,191 186,439
At 31st October 2022 19,780 209,293 229,073

Anemos Technology Limited (Registered number: 10405447)

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

5. Tangible fixed assets
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
Cost
At 1st November 2022 6,667 3,450 19,558 29,675
Additions 240 - 2,177 2,417
At 31st October 2023 6,907 3,450 21,735 32,092
Depreciation
At 1st November 2022 2,408 1,631 6,628 10,667
Charge for year 1,379 456 3,777 5,612
At 31st October 2023 3,787 2,087 10,405 16,279
Net book value
At 31st October 2023 3,120 1,363 11,330 15,813
At 31st October 2022 4,259 1,819 12,930 19,008

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 4,597 40,212

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 6,725 6,600
Trade creditors 1,288 75
Taxation and social security 6,844 3,506
Other creditors 454,241 436,663
469,098 446,844

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 10,450 17,050