for the Period Ended 30 April 2022
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2022
Principal activities of the company
Additional information
The company intends to adjust the accounting period to reflect the seasonality linked to its new commercialisation strategy for its Intellectual Property. Accordingly, the company will also adjust its entity and brand name in the UK in the coming fiscal year to match the revised product brand.
Directors
The director shown below has held office during the whole of the period from
1 November 2021 to 30 April 2022
The director shown below has held office during the period of
1 November 2021 to 28 February 2022
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
As at
Notes | 6 months to 30 April 2022 | 10 months to 31 October 2021 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Investments: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
Provision for liabilities: | | | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Share premium account: | | | |
Other reserves: | | | |
Profit and loss account: | ( | ( | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2022
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Valuation information and policy
Other accounting policies
for the Period Ended 30 April 2022
6 months to 30 April 2022 | 10 months to 31 October 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 April 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2021 | | | | |||
Additions | | | | |||
Disposals | | ( | ( | |||
Revaluations | | | | |||
Transfers | | | | |||
At 30 April 2022 | | | | |||
Depreciation | ||||||
At 1 November 2021 | | | | |||
Charge for year | | | | |||
On disposals | | | | |||
Other adjustments | | | | |||
At 30 April 2022 | | | | |||
Net book value | ||||||
At 30 April 2022 | | | | |||
At 31 October 2021 | | | |
for the Period Ended 30 April 2022
SUBSIDIARY UNDERTAKINGThe following was a subsidiary undertaking of the Company:Aire Labs Inc 1300 I Street NW Suite 400EWashington, District of Columbia, 20005USAClass of shares: Ordinary (which 100% held) The principal activity of Aire Labs Inc. (US) is a software to enable banks and consumer lenders in the North American market to be able to analyse the credit-worthiness of new applicants and existing borrowers accurately.
for the Period Ended 30 April 2022
6 months to 30 April 2022 | 10 months to 31 October 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 30 April 2022
6 months to 30 April 2022 | 10 months to 31 October 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 April 2022
6 months to 30 April 2022 | 10 months to 31 October 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Other creditors | | |
Total | | |