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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
Page
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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
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Included.ai Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,274 
2,024 
Current assets
Debtors
2,625 
35,545 
Cash at bank and in hand
1,107 
11,688 
3,732 
47,233 
Creditors: amounts falling due within one year
(174,411)
(57,681)
Net current liabilities
(170,679)
(10,448)
Net liabilities
(169,405)
(8,424)
Capital and reserves
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
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Included.ai Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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.
Turnover
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 taxation
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.
Pension costs
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.
Going concern
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.
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Included.ai Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
3,113 
At 30 June 2024
3,113 
Depreciation
At 1 July 2023
1,089 
Charge for the year
750 
At 30 June 2024
1,839 
Net book value
At 30 June 2024
1,274 
At 30 June 2023
2,024 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,625 
29,700 
Accrued income and prepayments
- 
154 
Other debtors
- 
5,691 
2,625 
35,545 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5,000 
VAT
7,847 
4,360 
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 
Accruals
1,452 
- 
174,411 
57,681 
7
Share capital
2024 
2023 
£ 
£ 
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 
8,807 
8,807 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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