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Company Registration No. 12210904 (England and Wales)
CCI AIT Limited Unaudited accounts for the year ended 30 June 2024
CCI AIT Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CCI AIT Limited Company Information for the year ended 30 June 2024
Director
Robert Anthony Hamilton Wills
Company Number
12210904 (England and Wales)
Registered Office
Regent House 316a Beulah Hill London SE19 3HF United Kingdom
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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CCI AIT Limited Statement of financial position as at 30 June 2024
2024
2023
Notes
£
£
Fixed assets
Investments
4
6,500
6,500
Current assets
Debtors
5
2,014,073
1,951,464
Cash at bank and in hand
-
13,196
2,014,073
1,964,660
Creditors: amounts falling due within one year
6
(1,805,926)
(1,755,221)
Net current assets
208,147
209,439
Net assets
214,647
215,939
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
214,646
215,938
Shareholders' funds
214,647
215,939
For the year ending 30 June 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 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 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 and authorised for issue on 15 October 2025 and were signed on its behalf by
Robert Anthony Hamilton Wills Director Company Registration No. 12210904
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CCI AIT Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
CCI AIT Limited is a private company, limited by shares, registered in England and Wales, registration number 12210904. The registered office is Regent House, 316a Beulah Hill, London, SE19 3HF, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings
£
Valuation at 1 July 2023
6,500
Valuation at 30 June 2024
6,500
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows: Apps IT Holdings Limited - a company registered in England and Wales. The registered office of the above entity is 240 Gresham Road, Slough, England, SL1 4PH. Holding: Ordinary A £1 shares Proportion of voting rights and shares held: 66% The principal activity of Apps IT Holdings Limited is that of activities of venture and development capital companies.
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CCI AIT Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
20,410
90
Trade debtors
25,711
4,111
Accrued income and prepayments
152,463
83,274
Other debtors
8,223
56,723
206,807
144,198
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,807,266
1,807,266
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
263
-
Trade creditors
32,007
21,178
Taxes and social security
6,913
6,913
Other creditors
134,145
62,935
Loans from directors
1,520,598
1,563,445
Accruals
112,000
100,750
1,805,926
1,755,221
7
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
At the balance sheet date included in other debtors is an amount £8,223 (2023 £8,223) owed from Apps IT Holdings Limited, a company related by virtue of a common director and shareholder. At the balance sheet date amounts due from group undertakings is £1,807,266 (2023 £1,807,266). In a prior period, the company advanced £2,240,475 to a fellow group undertaking. During the year, the loan accrued interest of £112,036 (2023 £137,242). The loan attracts interest at rates of 6.5% and 8% per annum and is repayable over a period of 5 years. At the balance sheet date included in other creditors is an amount of £134,145 (2023 £62,935) owed to Collective Capital Limited, a company related by virtue of a common director and shareholder.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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