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Company Registration No. 14134736 (England and Wales)
AI MARINE RISK LIMITED Unaudited accounts for the year ended 31 December 2024
AI MARINE RISK LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
AI MARINE RISK LIMITED Company Information for the year ended 31 December 2024
Directors
D'ALTON, Charles FULFORD-SMITH, Thomas William ROWLEY, Charles BENSON, Abigail
Company Number
14134736 (England and Wales)
Registered Office
FLAT 4, AVENUE COURT, DRAYCOTT AVENUE LONDON SW3 3BU ENGLAND
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AI MARINE RISK LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,592 
- 
Tangible assets
5
19,296 
- 
20,888 
- 
Current assets
Debtors
6
1,839,773 
9,986 
Cash at bank and in hand
125,367 
433,980 
1,965,140 
443,966 
Creditors: amounts falling due within one year
7
(310,821)
(20,520)
Net current assets
1,654,319 
423,446 
Total assets less current liabilities
1,675,207 
423,446 
Creditors: amounts falling due after more than one year
8
(1,289,244)
(529,999)
Provisions for liabilities
Other provisions
(270,000)
- 
Net assets/(liabilities)
115,963 
(106,553)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
115,962 
(106,554)
Shareholders' funds
115,963 
(106,553)
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 19 December 2025 and were signed on its behalf by
FULFORD-SMITH, Thomas William Director Company Registration No. 14134736
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AI MARINE RISK LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
AI MARINE RISK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14134736. The registered office is FLAT 4, AVENUE COURT,, DRAYCOTT AVENUE, LONDON, SW3 3BU, 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
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
3
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
- 
Additions
1,750 
At 31 December 2024
1,750 
Amortisation
At 1 January 2024
- 
Charge for the year
158 
At 31 December 2024
158 
Net book value
At 31 December 2024
1,592 
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AI MARINE RISK LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
- 
Additions
24,970 
At 31 December 2024
24,970 
Depreciation
Charge for the year
5,674 
At 31 December 2024
5,674 
Net book value
At 31 December 2024
19,296 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,803 
1,910 
Trade debtors
17,976 
- 
Accrued income and prepayments
3,693 
8,076 
Other debtors
1,805,301 
- 
1,839,773 
9,986 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
57,544 
18,239 
Taxes and social security
47,126 
- 
Other creditors
194,843 
- 
Accruals
11,308 
2,281 
310,821 
20,520 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,289,244 
529,999 
9
Average number of employees
During the year the average number of employees was 7 (2023: 0).
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