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REGISTERED NUMBER: 14935071 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025

FOR

CAMBRIDGE INFERENCE LTD

CAMBRIDGE INFERENCE LTD (REGISTERED NUMBER: 14935071)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CAMBRIDGE INFERENCE LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025







DIRECTORS: Dr. L M Butcher
Dr. L T Lentati
Professor M P Hobson
G M Wall





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: 14935071 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

CAMBRIDGE INFERENCE LTD (REGISTERED NUMBER: 14935071)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1,001 -
Tangible assets 5 18,346 7,111
19,347 7,111

CURRENT ASSETS
Debtors 6 72,855 20,379
Cash at bank 261,841 690,378
334,696 710,757
CREDITORS
Amounts falling due within one year 7 844,795 828,071
NET CURRENT LIABILITIES (510,099 ) (117,314 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(490,752

)

(110,203

)

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings (490,851 ) (110,302 )
SHAREHOLDERS' FUNDS (490,752 ) (110,203 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:




Professor M P Hobson - Director


CAMBRIDGE INFERENCE LTD (REGISTERED NUMBER: 14935071)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Cambridge Inference 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 28 February 2025 the company's current liabilities exceeded its current assets by £510,099 and total liabilities of the company were £844,795. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

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.

Development costs are being amortised evenly over their estimated useful life of 10 years.

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

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

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 period was 3 (2024 - 2 ) .

CAMBRIDGE INFERENCE LTD (REGISTERED NUMBER: 14935071)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
Additions 1,001
At 28 February 2025 1,001
NET BOOK VALUE
At 28 February 2025 1,001

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2024 7,263
Additions 15,167
At 28 February 2025 22,430
DEPRECIATION
At 1 July 2024 152
Charge for period 3,932
At 28 February 2025 4,084
NET BOOK VALUE
At 28 February 2025 18,346
At 30 June 2024 7,111

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 6,960 6,960
Tax 61,661 -
VAT 1,838 13,419
Prepayments 2,396 -
72,855 20,379

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans 818,877 794,053
Social security and other taxes 24,838 33,098
Accruals and deferred income 1,080 920
844,795 828,071

Included under creditors are $1,000,000 in unsecured redeemable 4% loan notes.

CAMBRIDGE INFERENCE LTD (REGISTERED NUMBER: 14935071)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2024 TO 28 FEBRUARY 2025

8. ULTIMATE CONTROLLING PARTY

The controlling parties are M P Hobson, L M Butcher and L T Lentati by virtue of their 100% joint ownership of the issued ordinary share capital .