Acorah Software Products - Accounts Production 16.3.350 false true true false 11 March 2024 31 March 2025 31 March 2025 15553747 Mr J Rahman Mr J Rahman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15553747 2024-03-10 15553747 2025-03-31 15553747 2024-03-11 2025-03-31 15553747 frs-core:CurrentFinancialInstruments 2025-03-31 15553747 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-11 2025-03-31 15553747 frs-core:OtherResidualIntangibleAssets 2025-03-31 15553747 frs-core:OtherResidualIntangibleAssets 2024-03-11 2025-03-31 15553747 frs-core:OtherResidualIntangibleAssets 2024-03-10 15553747 frs-core:ShareCapital 2025-03-31 15553747 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15553747 frs-bus:PrivateLimitedCompanyLtd 2024-03-11 2025-03-31 15553747 frs-bus:FilletedAccounts 2024-03-11 2025-03-31 15553747 frs-bus:SmallEntities 2024-03-11 2025-03-31 15553747 frs-bus:AuditExempt-NoAccountantsReport 2024-03-11 2025-03-31 15553747 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-11 2025-03-31 15553747 1 2024-03-11 2025-03-31 15553747 frs-bus:Director1 2024-03-11 2025-03-31 15553747 frs-countries:EnglandWales 2024-03-11 2025-03-31
Registered number: 15553747
Total Ai Group Ltd
Financial Statements
For the Period 11 March 2024 to 31 March 2025
Heelan Associates Ltd
1 The Briars
Waterberry Drive
Waterlooville
Hampshire
PO7 7YH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15553747
31 March 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 882
882
CURRENT ASSETS
Debtors 5 213
Cash at bank and in hand 384
597
Creditors: Amounts Falling Due Within One Year 6 (24,705 )
NET CURRENT ASSETS (LIABILITIES) (24,108 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,226 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (168 )
NET LIABILITIES (23,394 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (23,494 )
SHAREHOLDERS' FUNDS (23,394)
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Rahman
Director
27 May 2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Total Ai Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15553747 . The registered office is 1 The Briars, Waterberry Drive, Waterlooville, PO7 7YH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are trademarks. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Taxation
Income tax expense represents the sum of the deferred tax.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Intangible Assets
Other
£
Cost
As at 11 March 2024 -
Additions 980
As at 31 March 2025 980
Amortisation
As at 11 March 2024 -
Provided during the period 98
As at 31 March 2025 98
Net Book Value
As at 31 March 2025 882
As at 11 March 2024 -
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5. Debtors
31 March 2025
£
Due within one year
Other debtors 213
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Other creditors 24,349
Taxation and social security 356
24,705
7. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
Included within other creditors is the amount of £24,349 owed to the director. This amount is undated, unsecured, interest free and repayable upon demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr J Rahman by virtue of his ownership of 100% of the issued share capital in the company.
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