Registered number
11123406
Algoact ltd
Micro-Entity Unaudited Accounts
for the year ended
31 December 2023
Algoact ltd
Registered number: 11123406
Balance Sheet
as at 31 December 2023
2023 2022
£ £
Fixed assets 1,880 4,154
Current assets 97,707 50,746
97,707 50,746
Creditors: amounts falling due within one year (27,140) (21,218)
Net current assets 70,567 29,528
Total assets less current liabilities 72,447 33,682
Accruals and deferred income (183) (183)
Net assets 72,264 33,499
Capital and reserves 72,264 33,499
Number Number
Average number of employees 1 1
During the year £117,513 was advanced to a director and £25,576 was repaid to the company. The director's loan balance outstanding at the year end is £91,938. The average interest rate applicable to overdrawn current account was 2.25%. The loan is unsecured and repayable upon demand.
The company is a private company limited by shares and incorporated in England. Its registered office is 318 Grove Road, Mitcham, England, CR4 1AB.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Roy Moshe Rosemarin
Director
Approved by the board on 22 August 2024
Algoact ltd 11123406 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2022 Roy Moshe Rosemarin No description of principal activity 11123406 2022-01-01 2022-12-31 11123406 core:WithinOneYear 2022-12-31 11123406 2023-01-01 2023-12-31 11123406 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11123406 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11123406 countries:England 2023-01-01 2023-12-31 11123406 bus:Director40 2023-01-01 2023-12-31 11123406 bus:Micro-entities 2023-01-01 2023-12-31 11123406 bus:FullAccounts 2023-01-01 2023-12-31 11123406 2023-12-31 11123406 core:WithinOneYear 2023-12-31 11123406 2022-12-31 iso4217:GBP xbrli:pure