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Company registration number:
14070846
Convolution Ai Ltd
Unaudited Filleted Financial Statements for the year ended
30 April 2025
Convolution Ai Ltd
Report of the Accountant to the director of Convolution Ai Ltd
Year ended
30 April 2025
These financial statements have been prepared in accordance with my terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended
30 April 2025
.
I have prepared these financial statements based on the accounting records, information and explanations provided by you. I do not express any opinion on the financial statements.
On the statement of financial position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a "true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Fox Accountants
32 The Grates
Oxford
OX4 3LJ
United Kingdom
Date:
22 May 2025
Convolution Ai Ltd
Statement of Financial Position
30 April 2025
20252024
Note££
Fixed assets    
Tangible assets 5
1,337
 
1,630
 
Current assets    
Cash at bank and in hand
43,202
 
106,873
 
Creditors: amounts falling due within one year 6
(898
)
(36,706
)
Net current assets
42,304
 
70,167
 
Total assets less current liabilities 43,641   71,797  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
43,541
 
71,697
 
Shareholders funds
43,641
 
71,797
 
For the year ending
30 April 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
22 May 2025
, and are signed on behalf of the board by:
Dr U Pervaiz
Director
Company registration number:
14070846
Convolution Ai Ltd
Notes to the Financial Statements
Year ended
30 April 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Flat 22 5 Manzil Way
,
5 Manzil Way
,
Oxford
,
OX4 1GE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2024: Nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2024
and
30 April 2025
2,226
 
Depreciation  
At
1 May 2024
596
 
Charge
293
 
At
30 April 2025
889
 
Carrying amount  
At
30 April 2025
1,337
 
At 30 April 2024
1,630
 

6 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
898
 
30,686
 
Other creditors -  
6,020
 
898
 
36,706