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REGISTERED NUMBER: 10756791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

HumaniseAI Limited

HumaniseAI Limited (Registered number: 10756791)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


HumaniseAI Limited (Registered number: 10756791)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,930 4,429

CURRENT ASSETS
Debtors 6 - 147
Cash at bank 13,767 32,351
13,767 32,498
CREDITORS
Amounts falling due within one year 7 627 2,248
NET CURRENT ASSETS 13,140 30,250
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,070

34,679

CREDITORS
Amounts falling due after more than
one year

8

14,990

18,197
NET ASSETS 1,080 16,482

CAPITAL AND RESERVES
Called up share capital 9 339 339
Share premium 10 325,352 325,352
Retained earnings 10 (324,611 ) (309,209 )
SHAREHOLDERS' FUNDS 1,080 16,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HumaniseAI Limited (Registered number: 10756791)

Balance Sheet - continued
31 May 2024


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 Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





D Anderson - Director


HumaniseAI Limited (Registered number: 10756791)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

HumaniseAI Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10756791

Registered office: 63-66 5th Floor
Suite 23
66 Hatton Garden
London
EC1N 8LE

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost


HumaniseAI Limited (Registered number: 10756791)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. ACCOUNTING POLICIES - continued
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 balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 223 13,334 13,557
DEPRECIATION
At 1 June 2023 56 9,072 9,128
Charge for year 56 1,443 1,499
At 31 May 2024 112 10,515 10,627
NET BOOK VALUE
At 31 May 2024 111 2,819 2,930
At 31 May 2023 167 4,262 4,429

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Directors' current accounts - 35
VAT - 112
- 147

HumaniseAI Limited (Registered number: 10756791)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 25 25
Trade creditors 224 755
Social security and other taxes - 1,019
Other creditors - 767
Wages payable - (318 )
Directors' current accounts 378 -
627 2,248

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years 14,990 18,197

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
33,932 Ordinary £0.01 339 339

10. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 June 2023 (309,209 ) 325,352 16,143
Deficit for the year (15,402 ) (15,402 )
At 31 May 2024 (324,611 ) 325,352 741