AI APPLICATION TECHNOLOGIES LTD

Company Registration Number:
13443388 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

AI APPLICATION TECHNOLOGIES LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

AI APPLICATION TECHNOLOGIES LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 250,000 20,500
Fixed assets
Intangible assets: 3 4,481,000 3,540,000
Tangible assets: 4 3,378,410 2,284,010
Investments: 5 3,548,220 2,259,100
Total fixed assets: 11,407,630 8,083,110
Current assets
Stocks: 4,950,000 3,851,401
Debtors:   39,800 55,420
Cash at bank and in hand: 498,500 185,423
Investments:   2,985,400 1,361,783
Total current assets: 8,473,700 5,454,027
Creditors: amounts falling due within one year:   (54,700) (75,850)
Net current assets (liabilities): 8,419,000 5,378,177
Total assets less current liabilities: 20,076,630 13,481,787
Creditors: amounts falling due after more than one year:   (65,810) (101,020)
Provision for liabilities: (658,400) (458,200)
Total net assets (liabilities): 19,352,420 12,922,567
Capital and reserves
Called up share capital: 1,000,000 100,000
Share premium account: 2,985,000 1,677,766
Revaluation reserve:62,640,0002,564,200
Other reserves: 12,726,240 8,579,151
Profit and loss account: 1,180 1,450
Shareholders funds: 19,352,420 12,922,567

The notes form part of these financial statements

AI APPLICATION TECHNOLOGIES LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: chad Michael smith
Status: Director

The notes form part of these financial statements

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 6 4

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 3,540,000
Additions 941,000
At 30 June 2024 4,481,000
Net book value
At 30 June 2024 4,481,000
At 30 June 2023 3,540,000

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 2,284,010
Additions 1,094,400
At 30 June 2024 3,378,410
Net book value
At 30 June 2024 3,378,410
At 30 June 2023 2,284,010

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Fixed investments

our investments are software design and data centers .our investment portfolio are based on those two ventures

AI APPLICATION TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Revaluation reserve

2024
£
Balance at 01 July 2023 2,564,200
Surplus or deficit after revaluation 75,800
Balance at 30 June 2024 2,640,000