IRIS Accounts Production v25.1.4.42 11186534 director 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111865342024-02-29111865342025-02-28111865342024-03-012025-02-28111865342023-02-28111865342023-03-012024-02-29111865342024-02-2911186534ns15:EnglandWales2024-03-012025-02-2811186534ns14:PoundSterling2024-03-012025-02-2811186534ns10:Director12024-03-012025-02-2811186534ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2811186534ns10:SmallEntities2024-03-012025-02-2811186534ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2811186534ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2811186534ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2811186534ns10:FullAccounts2024-03-012025-02-2811186534ns10:RegisteredOffice2024-03-012025-02-2811186534ns5:CurrentFinancialInstruments2025-02-2811186534ns5:CurrentFinancialInstruments2024-02-2911186534ns5:ShareCapital2025-02-2811186534ns5:ShareCapital2024-02-2911186534ns5:RetainedEarningsAccumulatedLosses2025-02-2811186534ns5:RetainedEarningsAccumulatedLosses2024-02-2911186534ns5:MotorVehicles2024-03-012025-02-2811186534ns5:ComputerEquipment2024-03-012025-02-2811186534ns5:PlantMachinery2024-02-2911186534ns5:MotorVehicles2024-02-2911186534ns5:ComputerEquipment2024-02-2911186534ns5:PlantMachinery2024-03-012025-02-2811186534ns5:PlantMachinery2025-02-2811186534ns5:MotorVehicles2025-02-2811186534ns5:ComputerEquipment2025-02-2811186534ns5:PlantMachinery2024-02-2911186534ns5:MotorVehicles2024-02-2911186534ns5:ComputerEquipment2024-02-2911186534ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2811186534ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29
REGISTERED NUMBER: 11186534 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

AI2EV Limited

AI2EV Limited (Registered number: 11186534)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AI2EV Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: D Axam





REGISTERED OFFICE: Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU





REGISTERED NUMBER: 11186534 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

AI2EV Limited (Registered number: 11186534)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,382 23,175

CURRENT ASSETS
Debtors 5 15,600 198
Cash at bank 126,524 139,404
142,124 139,602
CREDITORS
Amounts falling due within one year 6 28,317 8,189
NET CURRENT ASSETS 113,807 131,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,189

154,588

PROVISIONS FOR LIABILITIES 3,302 4,330
NET ASSETS 127,887 150,258

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 127,886 150,257
SHAREHOLDERS' FUNDS 127,887 150,258

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2025 and were signed by:





D Axam - Director


AI2EV Limited (Registered number: 11186534)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

AI2EV 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 consists of income derived from the normal operating activities of the company during the year, net of discounts and VAT.

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

Taxation
Taxation for the year 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 year 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.

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 year was 1 (2024 - 1 ) .

AI2EV Limited (Registered number: 11186534)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024
and 28 February 2025 1,735 91,129 5,318 98,182
DEPRECIATION
At 1 March 2024 1,736 69,503 3,768 75,007
Charge for year (1 ) 5,406 388 5,793
At 28 February 2025 1,735 74,909 4,156 80,800
NET BOOK VALUE
At 28 February 2025 - 16,220 1,162 17,382
At 29 February 2024 (1 ) 21,626 1,550 23,175

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 15,600 -
Tax - 198
15,600 198

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Tax 14,755 2,179
VAT 11,344 4,289
Other creditors - 23
Directors' current accounts 575 55
Accrued expenses 1,643 1,643
28,317 8,189

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company for the year under review was Mr D Axam by virtue of his shareholding.