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Company Registration No. 13383588 (England and Wales)
AI Incorporation Limited Unaudited accounts for the year ended 31 May 2025
AI Incorporation Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AI Incorporation Limited Company Information for the year ended 31 May 2025
Directors
Ashraful Islam Lotifa Khanam
Company Number
13383588 (England and Wales)
Registered Office
20 Vicarage Road Hornchurch RM12 4AT England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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AI Incorporation Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
912,199
896,935
Current assets
Cash at bank and in hand
3,890
33,946
Creditors: amounts falling due within one year
5
(706,647)
(744,743)
Net current liabilities
(702,757)
(710,797)
Total assets less current liabilities
209,442
186,138
Creditors: amounts falling due after more than one year
6
(187,500)
(187,500)
Net assets/(liabilities)
21,942
(1,362)
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
21,940
(1,364)
Shareholders' funds
21,942
(1,362)
For the year ending 31 May 2025 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 24 February 2026 and were signed on its behalf by
Ashraful Islam Director Company Registration No. 13383588
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AI Incorporation Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
AI Incorporation Limited is a private company, limited by shares, registered in England and Wales, registration number 13383588. The registered office is 20 Vicarage Road, Hornchurch, RM12 4AT, 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.
Turnover
Turnover is measured at the fair value of the rent received or receivable
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:
Land & buildings
Freehold
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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AI Incorporation Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 June 2024
896,935
Additions
15,264
At 31 May 2025
912,199
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
912,199
At 31 May 2024
896,935
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,360
4,360
Taxes and social security
5,146
-
Other creditors
179,700
242,200
Loans from directors
513,291
494,289
Accruals
650
394
Deferred income
3,500
3,500
706,647
744,743
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
187,500
187,500
The company has total secured liability to the value of £250,000 which comprise of loan. The loan is secured by way of a first legal mortgage over the properties at 76 Oxford Road, Clacton-On-Sea CO15 3TR.
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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