Company Registration No. 13111292 (England and Wales)
Included.ai Limited
Unaudited accounts
for the year ended 30 June 2024
Included.ai Limited
Unaudited accounts
Contents
Included.ai Limited
Company Information
for the year ended 30 June 2024
Directors
J D Williams
C R Mendoza
Company Number
13111292 (England and Wales)
Registered Office
Floor 3
Capital Tower Business Centre
Greyfriars Road
Cardiff
South Glamorgan
CF10 3AG
Wales
Accountants
Switchfoot Accounting Limited
147 Frimley Road
Camberley
Surrey
GU15 2PS
Included.ai Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,274
2,024
Cash at bank and in hand
1,107
11,688
Creditors: amounts falling due within one year
(174,411)
(57,681)
Net current liabilities
(170,679)
(10,448)
Net liabilities
(169,405)
(8,424)
Called up share capital
8,807
8,807
Share premium
208,848
208,848
Profit and loss account
(387,060)
(226,079)
Shareholders' funds
(169,405)
(8,424)
For the year ending 30 June 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 17 March 2025 and were signed on its behalf by
J D Williams
Director
Company Registration No. 13111292
Included.ai Limited
Notes to the Accounts
for the year ended 30 June 2024
Included.ai Limited is a private company, limited by shares, registered in England and Wales, registration number 13111292. The registered office is Floor 3, Capital Tower Business Centre, Greyfriars Road, Cardiff, South Glamorgan, CF10 3AG, Wales.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.
Included.ai Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
2,625
29,700
Accrued income and prepayments
-
154
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,000
Trade creditors
12,262
3,752
Taxes and social security
40,229
6,693
Other creditors
51,217
12,568
Loans from directors
61,404
25,308
Allotted, called up and fully paid:
105,000 Ordinary shares of £0.001 each
105
105
8,702 Ordinary A shares of £1 each
8,702
8,702
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).