Company Registration No. 11082650 (England and Wales)
Algimi Limited
Unaudited accounts
for the year ended 30 November 2023
Algimi Limited
Unaudited accounts
Contents
Algimi Limited
Company Information
for the year ended 30 November 2023
Directors
DISTASO, Walter, Professor
ASCHERI, Guido
Company Number
11082650 (England and Wales)
Registered Office
57 Kenilworth Avenue
London
SW19 7LP
United Kingdom
Accountants
ASCHERI & PARTNERS LTD
26-28 HAMMERSMITH GROVE
10th FLOOR
HAMMERSMITH
LONDON
W6 7HA
Algimi Limited
Statement of financial position
as at 30 November 2023
Tangible assets
21,321
71,046
Cash at bank and in hand
66,358
26,033
Creditors: amounts falling due within one year
(8,832)
(16,729)
Net current assets
57,526
39,640
Total assets less current liabilities
78,847
110,686
Creditors: amounts falling due after more than one year
-
(49,249)
Provisions for liabilities
Deferred tax
(13,499)
(13,499)
Called up share capital
2
2
Profit and loss account
65,346
47,936
Shareholders' funds
65,348
47,938
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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
DISTASO, Walter, Professor
Director
Company Registration No. 11082650
Algimi Limited
Notes to the Accounts
for the year ended 30 November 2023
Algimi Limited is a private company, limited by shares, registered in England and Wales, registration number 11082650. The registered office is 57 Kenilworth Avenue, London, SW19 7LP, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
10% and 25%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
27,565
60,285
667
2,884
91,401
Disposals
-
(37,207)
-
-
(37,207)
At 30 November 2023
27,565
23,078
667
3,733
55,043
At 1 December 2022
3,933
15,071
222
1,129
20,355
Charge for the year
3,933
8,007
222
1,205
13,367
At 30 November 2023
7,866
23,078
444
2,334
33,722
At 30 November 2023
19,699
-
223
1,399
21,321
At 30 November 2022
23,632
45,214
445
1,755
71,046
Algimi Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
8,116
16,729
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).