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Company Registration No. 13021716 (England and Wales)
A&I Capital Ventures Ltd Unaudited accounts for the period from 1 December 2022 to 29 February 2024
A&I Capital Ventures Ltd Unaudited accounts Contents
Page
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A&I Capital Ventures Ltd Company Information for the period from 1 December 2022 to 29 February 2024
Director
Mr A Faig
Company Number
13021716 (England and Wales)
Registered Office
45 Stamford Hill London N16 5SR England
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A&I Capital Ventures Ltd Statement of financial position as at 29 February 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,896 
- 
Investment property
4,500,000 
2,966,042 
4,503,896 
2,966,042 
Current assets
Debtors
1,748,201 
1,315,727 
Cash at bank and in hand
- 
20,988 
1,748,201 
1,336,715 
Creditors: amounts falling due within one year
(1,355,355)
(232,673)
Net current assets
392,846 
1,104,042 
Total assets less current liabilities
4,896,742 
4,070,084 
Creditors: amounts falling due after more than one year
(2,754,737)
(3,755,000)
Provisions for liabilities
Deferred tax
(483,308)
- 
Net assets
1,658,697 
315,084 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,658,597 
314,984 
Shareholders' funds
1,658,697 
315,084 
For the period ending 29 February 2024 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 21 November 2024 and were signed on its behalf by
Mr A Faig Director Company Registration No. 13021716
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A&I Capital Ventures Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
1
Statutory information
A&I Capital Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 13021716. The registered office is 45 Stamford Hill, London, N16 5SR, 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 period, 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.
Judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.
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:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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A&I Capital Ventures Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
- 
Additions
4,583 
At 29 February 2024
4,583 
Depreciation
Charge for the period
687 
At 29 February 2024
687 
Net book value
At 29 February 2024
3,896 
5
Investment property
2024 
£ 
Fair value at 1 December 2022
2,966,042 
Disposals
(399,275)
Net gain from fair value adjustments
1,933,233 
At 29 February 2024
4,500,000 
The investment property at 29 February 2024 is stated at director's estimation of open market value.
6
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
24,064 
- 
Other debtors
1,724,137 
1,315,727 
1,748,201 
1,315,727 
7
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
1,200,490 
- 
Trade creditors
480 
2,404 
Taxes and social security
5,048 
78,733 
Other creditors
149,337 
151,536 
1,355,355 
232,673 
8
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
2,754,737 
3,755,000 
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A&I Capital Ventures Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
9
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Transactions with related parties
Other Debtors includes amount agregating £1,724,137 (2022: £1,285,473) due from companies with a director in common with this company.
11
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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