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Company Registration No. 12211671 (England and Wales)
1.618 Technologies Limited Unaudited accounts for the year ended 30 September 2024
1.618 Technologies Limited Unaudited accounts Contents
Page
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1.618 Technologies Limited Company Information for the year ended 30 September 2024
Directors
Candice Giles Tyrone Hodgson
Company Number
12211671 (England and Wales)
Registered Office
Kemp House City Road London England EC1V 2NX
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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1.618 Technologies Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,024 
Investments
398,560 
174,922 
398,560 
175,946 
Current assets
Debtors
404,987 
383,909 
Cash at bank and in hand
121,841 
129,017 
526,828 
512,926 
Creditors: amounts falling due within one year
(879,830)
(655,436)
Net current liabilities
(353,002)
(142,510)
Total assets less current liabilities
45,558 
33,436 
Provisions for liabilities
Deferred tax
- 
(205)
Net assets
45,558 
33,231 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,458 
33,131 
Shareholders' funds
45,558 
33,231 
For the year ending 30 September 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 23 May 2025 and were signed on its behalf by
Candice Giles Director Company Registration No. 12211671
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1.618 Technologies Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
1.618 Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 12211671. The registered office is Kemp House, City Road, London, England, EC1V 2NX.
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.
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:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
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.
Investments
Investments in shares are included at cost.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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1.618 Technologies Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
754 
9,621 
10,375 
At 30 September 2024
754 
9,621 
10,375 
Depreciation
At 1 October 2023
604 
8,747 
9,351 
Charge for the year
150 
874 
1,024 
At 30 September 2024
754 
9,621 
10,375 
Net book value
At 30 September 2024
- 
- 
- 
At 30 September 2023
150 
874 
1,024 
5
Investments
Other investments 
£ 
Valuation at 1 October 2023
174,922 
Additions
223,638 
Valuation at 30 September 2024
398,560 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
300,864 
333,809 
Other debtors
104,123 
50,100 
404,987 
383,909 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,767 
10,322 
Trade creditors
98,172 
66,622 
Taxes and social security
- 
1,740 
Accruals
505,556 
370,669 
Deferred income
262,335 
206,083 
879,830 
655,436 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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1.618 Technologies Limited Notes to the Accounts for the year ended 30 September 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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