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REGISTERED NUMBER: 09209349 (England and Wales)















Financial Statements

for the Period 31 December 2022 to 31 December 2023

for

Academy Of Robotics Limited

Academy Of Robotics Limited (Registered number: 09209349)






Contents of the Financial Statements
for the Period 31 December 2022 to 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountant 6

Academy Of Robotics Limited

Company Information
for the Period 31 December 2022 to 31 December 2023







DIRECTOR: Mr Pasihapaori Chidziva





SECRETARY:





REGISTERED OFFICE: RAF Neatishead
Birds Lane
Horning
NR12 8YB





REGISTERED NUMBER: 09209349 (England and Wales)





ACCOUNTANT: Marden & Co Accountants Limited
45 Nork Way
Banstead
Surrey
SM7 1PB

Academy Of Robotics Limited (Registered number: 09209349)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,850,701 1,872,527

CURRENT ASSETS
Debtors 90,742 156,932
Cash at bank and in hand 1,003 134,128
91,745 291,060
CREDITORS
Amounts falling due within one year 82,099 75,409
NET CURRENT ASSETS 9,646 215,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,860,347

2,088,178

CREDITORS
Amounts falling due after more than one
year

21,737

32,484
NET ASSETS 1,838,610 2,055,694

CAPITAL AND RESERVES
Called up share capital 5 12,083 12,083
Share premium 4,190,133 3,913,608
Retained earnings (2,363,606 ) (1,869,997 )
SHAREHOLDERS' FUNDS 1,838,610 2,055,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Academy Of Robotics Limited (Registered number: 09209349)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2025 and were signed by:





Mr Pasihapaori Chidziva - Director


Academy Of Robotics Limited (Registered number: 09209349)

Notes to the Financial Statements
for the Period 31 December 2022 to 31 December 2023

1. STATUTORY INFORMATION

Academy Of Robotics Limited 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.

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 - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 period 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

Academy Of Robotics Limited (Registered number: 09209349)

Notes to the Financial Statements - continued
for the Period 31 December 2022 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 31 December 2022 1,922,910
Additions 6,654
At 31 December 2023 1,929,564
DEPRECIATION
At 31 December 2022 50,383
Charge for period 28,480
At 31 December 2023 78,863
NET BOOK VALUE
At 31 December 2023 1,850,701
At 30 December 2022 1,872,527

Included in cost of land and buildings is freehold land of £ 1,700,000 (2022 - £ 0 ) which is not depreciated.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary A £.001 1 1
11,692,454 Ordinary A £.001 11,693 11,693
388,626 Ordinary B £.001 389 389
12,083 12,083

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2023 and the year ended 30 December 2022:

2023 2022
£    £   
Mr Pasihapaori Chidziva
Balance outstanding at start of period 103,108 60,545
Amounts advanced - 42,563
Amounts repaid (90,103 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 13,005 103,108

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Pasihapaori Chidziva.

Academy Of Robotics Limited

Report of the Accountant to the Director of
Academy Of Robotics Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Marden & Co Accountants Limited
45 Nork Way
Banstead
Surrey
SM7 1PB


12 March 2025