Company registration number:
NI647093
ARTIFICIALDEV LIMITED
Unaudited filleted financial statements
31 July 2024
ARTIFICIALDEV LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
ARTIFICIALDEV LIMITED
Directors and other information
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Director |
Mr Sean Quinn |
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Company number |
NI647093 |
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Registered office |
Blick Shared Studios |
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51 Malone Road |
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Belfast |
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Co Antrim |
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BT9 6RY |
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Business address |
Blick Shared Studios |
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51 Malone Road |
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Belfast |
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Co Antrim |
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BT9 6RY |
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Accountants |
Corr & Corr |
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2nd Floor, The Cornmill |
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Coalisland |
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Dungannon |
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Co Tyrone |
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BT71 4LP |
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ARTIFICIALDEV LIMITED
Report to the director on the preparation of the
unaudited statutory financial statements of ARTIFICIALDEV LIMITED
Year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ARTIFICIALDEV LIMITED for the year ended 31 July 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of ARTIFICIALDEV LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of ARTIFICIALDEV LIMITED and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ARTIFICIALDEV LIMITED and its director as a body for our work or for this report.
It is your duty to ensure that ARTIFICIALDEV LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ARTIFICIALDEV LIMITED. You consider that ARTIFICIALDEV LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of ARTIFICIALDEV LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Corr & Corr
Chartered Accountants
2nd Floor, The Cornmill
Coalisland
Dungannon
Co Tyrone
BT71 4LP
17 January 2025
ARTIFICIALDEV LIMITED
Statement of financial position
31 July 2024
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2024 |
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2023 |
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£ |
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£ |
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Called up share capital not paid |
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10 |
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10 |
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_______ |
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_______ |
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Fixed assets |
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6,861 |
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3,982 |
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_______ |
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_______ |
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Current assets |
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236,447 |
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152,898 |
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Creditors: amounts falling due within one year |
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(
91,553) |
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(
45,326) |
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_______ |
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_______ |
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Net current assets |
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144,894 |
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107,572 |
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_______ |
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Total assets less current liabilities |
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151,765 |
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111,564 |
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Creditors: amounts falling due after more than one year |
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(
1,310) |
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(
3,591) |
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Accruals and deferred income |
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(
1,300) |
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(
1,300) |
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_______ |
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Net assets |
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149,155 |
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106,673 |
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_______ |
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Capital and reserves |
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149,155 |
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106,673 |
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_______ |
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Notes to the financial statements
ARTIFICIALDEV LIMITED
Year ended 31 July 2024
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2023:
2
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2.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
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Mr Sean Quinn |
(
757) |
502 |
(
255) |
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_______ |
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2023 |
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Balance brought forward |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
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Mr Sean Quinn |
(
873) |
116 |
(
757) |
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_______ |
_______ |
_______ |
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For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
17 January 2025
, and are signed on behalf of the board by:
Mr Sean Quinn
Director
Company registration number:
NI647093
The company is a private company limited by shares, registered in Northern Ireland.