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Company Registration No. 11553686 (England and Wales)
Ai & Machine Learning For Finance Ltd Unaudited accounts for the year ended 30 September 2024
Ai & Machine Learning For Finance Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ai & Machine Learning For Finance Ltd Company Information for the year ended 30 September 2024
Directors
Juan Salvador Huertas Romero Olena Nazarenko
Company Number
11553686 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Just Right Accountancy ltd 93A Stanley Road Harrow HA2 8AY
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Ai & Machine Learning For Finance Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,821 
7,965 
Current assets
Debtors
5
42,773 
32,760 
Cash at bank and in hand
37,992 
64,380 
80,765 
97,140 
Creditors: amounts falling due within one year
6
(73,784)
(72,713)
Net current assets
6,981 
24,427 
Net assets
12,802 
32,392 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
12,800 
32,390 
Shareholders' funds
12,802 
32,392 
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 19 September 2025 and were signed on its behalf by
Juan Salvador Huertas Romero Director Company Registration No. 11553686
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Ai & Machine Learning For Finance Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Ai & Machine Learning For Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11553686. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
11,817 
6,891 
18,708 
At 30 September 2024
11,817 
6,891 
18,708 
Depreciation
At 1 October 2023
6,138 
4,605 
10,743 
Charge for the year
1,420 
724 
2,144 
At 30 September 2024
7,558 
5,329 
12,887 
Net book value
At 30 September 2024
4,259 
1,562 
5,821 
At 30 September 2023
5,679 
2,286 
7,965 
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Ai & Machine Learning For Finance Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,773 
32,760 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
39,587 
27,354 
Trade creditors
(8)
199 
Taxes and social security
844 
1,155 
Other creditors
416 
1,259 
Loans from directors
31,095 
42,746 
Accruals
1,850 
- 
73,784 
72,713 
7
Loans to directors
£28538.88 was owed to J. Huertas and £2,555.59 was owed to O. Nazarenko at the end of financial period.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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