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Company Registration No. 12816754 (England and Wales)
MODELOMNI TECHNOLOGY LTD Unaudited accounts for the year ended 31 December 2024
MODELOMNI TECHNOLOGY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MODELOMNI TECHNOLOGY LTD Company Information for the year ended 31 December 2024
Directors
W HUSSAIN K USMANI
Company Number
12816754 (England and Wales)
Registered Office
ANSTEY BOND LLP 1-2 CHARTERHOUSE MEWS LONDON EC1M 6BB UNITED KINGDOM
Accountants
AccounTax Care Limited 4 The Squirrels Pinner Middx Ha5 3BD
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MODELOMNI TECHNOLOGY LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,500,000 
62,754 
Current assets
Cash at bank and in hand
17,321 
3,665 
Creditors: amounts falling due within one year
5
(85,339)
(66,942)
Net current liabilities
(68,018)
(63,277)
Net assets/(liabilities)
1,431,982 
(523)
Capital and reserves
Called up share capital
1 
1 
Fair value reserve
1,430,412 
- 
Profit and loss account
1,569 
(524)
Shareholders' funds
1,431,982 
(523)
For the year ending 31 December 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 29 September 2025 and were signed on its behalf by
K USMANI Director Company Registration No. 12816754
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MODELOMNI TECHNOLOGY LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MODELOMNI TECHNOLOGY LTD is a private company, limited by shares, registered in England and Wales, registration number 12816754. The registered office is ANSTEY BOND LLP, 1-2 CHARTERHOUSE MEWS, LONDON, EC1M 6BB, UNITED KINGDOM.
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. These accounts replace the original accounts which were filed on 26th May 2023. They are now the statutory accounts and are prepared as of the date of the original accounts
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.
Accounting Period Change
The Accounting Period date was changed to 31st Dec.
Intangible fixed assets
Intangible fixed assets are included at cost . After initial recognition intangible assets are measured at fair value less any accumulated amortisation and any accumulated impairment losses
Prior year Adjustment
The restatements relate to capitalisation of the development expenses as Intangible Assets and Amounts payable to the Parent company in respect of use of the intellectual property belonging to the Parent company
Sundry Expenses
The Sundry Expenses relate to client meetings held with Existing or Potential Clients
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MODELOMNI TECHNOLOGY LTD Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
62,754 
Additions
6,834 
Revaluations
1,430,412 
At 31 December 2024
1,500,000 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
1,500,000 
At 31 December 2023
62,754 
As of 31st Dec 2024 ,the directors considered these intangible assets to have a fair value of £1.5 Million.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
92,062 
64,513 
Taxes and social security
90 
(140)
Loans from directors
(7,813)
1,569 
Accruals
1,000 
1,000 
85,339 
66,942 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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