INICIO AI LTD

INICIO AI LTD

INICIO AI LTD - Company Information

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INICIO AI LTD

Company Registration Number:
12549674 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

INICIO AI LTD

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

INICIO AI LTD

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 862,804 575,136
Total fixed assets: 862,804 575,136
Current assets
Debtors:   124,076 170,669
Total current assets: 124,076 170,669
Creditors: amounts falling due within one year:   (269,805) (485,099)
Net current assets (liabilities): (145,729) (314,430)
Total assets less current liabilities: 717,075 260,706
Total net assets (liabilities): 717,075 260,706
Capital and reserves
Called up share capital: 1,260 1,072
Share premium account: 599,237 169,928
Profit and loss account: 116,578 89,706
Shareholders funds: 717,075 260,706

The notes form part of these financial statements

INICIO AI LTD

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2022
and signed on behalf of the board by:

Name: James McGlynn
Status: Director

The notes form part of these financial statements

INICIO AI LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INICIO AI LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

INICIO AI LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible Assets

Total
Cost £
At 01 April 2021 575,136
Additions 287,668
At 31 March 2022 862,804
Net book value
At 31 March 2022 862,804
At 31 March 2021 575,136