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REGISTERED NUMBER: 12909723 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st October 2024

for

Ai Ops Ltd

Ai Ops Ltd (Registered number: 12909723)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ai Ops Ltd

Company Information
for the Year Ended 31st October 2024







DIRECTORS: D A Lewis
A Parker
M J Wenn





REGISTERED OFFICE: Home Farm
Watling Street
Little Brickhill
Milton Keynes
MK17 9LU





REGISTERED NUMBER: 12909723 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Ai Ops Ltd (Registered number: 12909723)

Balance Sheet
31st October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 28
Tangible assets 5 8,633 16,872
8,633 16,900

CURRENT ASSETS
Debtors 6 337,117 151,021
Cash at bank 75,104 180,952
412,221 331,973
CREDITORS
Amounts falling due within one year 7 136,523 166,142
NET CURRENT ASSETS 275,698 165,831
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,331

182,731

CAPITAL AND RESERVES
Called up share capital 1,202 1,202
Retained earnings 8 283,129 181,529
284,331 182,731

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

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 19th February 2025 and were signed on its behalf by:




A Parker - Director


Ai Ops Ltd (Registered number: 12909723)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Ai Ops Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

Ai Ops Ltd (Registered number: 12909723)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st November 2023
and 31st October 2024 2,750
AMORTISATION
At 1st November 2023 2,722
Charge for year 28
At 31st October 2024 2,750
NET BOOK VALUE
At 31st October 2024 -
At 31st October 2023 28

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2023 33,752
Additions 961
Disposals (1,608 )
At 31st October 2024 33,105
DEPRECIATION
At 1st November 2023 16,880
Charge for year 8,159
Eliminated on disposal (567 )
At 31st October 2024 24,472
NET BOOK VALUE
At 31st October 2024 8,633
At 31st October 2023 16,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 285,088 131,938
Other debtors 9,600 9,600
Prepayments and accrued income 42,429 9,483
337,117 151,021

Ai Ops Ltd (Registered number: 12909723)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 10,327 30,666
Tax 35,299 40,278
Social security and other taxes 13,623 33,050
VAT 61,033 53,565
Other creditors 12,041 8,583
Accrued expenses 4,200 -
136,523 166,142

8. RESERVES
Retained
earnings
£   

At 1st November 2023 181,529
Profit for the year 101,600
At 31st October 2024 283,129