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Company Registration No. 6260236 (England and Wales)
THE AI PARTNERSHIP LIMITED Unaudited accounts for the year ended 31 May 2024
THE AI PARTNERSHIP LIMITED Unaudited accounts Contents
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THE AI PARTNERSHIP LIMITED Company Information for the year ended 31 May 2024
Directors
MR A JAGUS MRS M JAGUS
Company Number
6260236 (England and Wales)
Registered Office
19 SLADES ROAD ST AUSTELL CORNWALL PL25 4HA
Accountants
NEWQUAY ACCOUNTANTS 9 WHITEGATE SHOPPING COMPLEX HENVER ROAD NEWQUAY CORNWALL TR7 3BP
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THE AI PARTNERSHIP LIMITED Accountants' report
Accountants' report to the board of directors of THE AI PARTNERSHIP LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 May 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 May 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
NEWQUAY ACCOUNTANTS 9 WHITEGATE SHOPPING COMPLEX HENVER ROAD NEWQUAY CORNWALL TR7 3BP 25 February 2025
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THE AI PARTNERSHIP LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
21,681 
3,143 
Cash at bank and in hand
11,989 
60,353 
33,670 
63,496 
Creditors: amounts falling due within one year
(1,511)
(8,077)
Net current assets
32,159 
55,419 
Net assets
32,159 
55,419 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
32,157 
55,417 
Shareholders' funds
32,159 
55,419 
For the year ending 31 May 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 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 25 February 2025 and were signed on its behalf by
MR A JAGUS Director Company Registration No. 6260236
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THE AI PARTNERSHIP LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
THE AI PARTNERSHIP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6260236. The registered office is 19 SLADES ROAD, ST AUSTELL, CORNWALL, PL25 4HA.
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 year, 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.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
21,681 
3,143 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
408 
6,936 
Other creditors
23 
- 
Loans from directors
675 
736 
Accruals
405 
405 
1,511 
8,077 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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