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REGISTERED NUMBER: 08735924 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Agilitee Limited

Agilitee Limited (Registered number: 08735924)

Contents of the Financial Statements
for the Year Ended 31 March 2022










Page

Company Information 1

Report of the Directors 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


Agilitee Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: C Narayan
L M A Narayan





REGISTERED OFFICE: Griffon House
South Road
Plumpton Green
East Sussex
BN8 4EA





REGISTERED NUMBER: 08735924 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Agilitee Limited (Registered number: 08735924)

Report of the Directors
for the Year Ended 31 March 2022


The directors present their report with the financial statements of the company for the year ended 31 March 2022.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2021 to the date of this report.

C Narayan
L M A Narayan

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C Narayan - Director


18 August 2022

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Agilitee Limited



In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Agilitee Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Agilitee Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Agilitee Limited and state those matters that we have agreed to state to the Board of Directors of Agilitee Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Agilitee Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Agilitee Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Agilitee Limited. You consider that Agilitee Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Agilitee Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


18 August 2022

Agilitee Limited (Registered number: 08735924)

Income Statement
for the Year Ended 31 March 2022

2022 2021
Notes £    £   

TURNOVER 3,425,971 2,768,555

Cost of sales 2,739,461 2,290,671
GROSS PROFIT 686,510 477,884

Administrative expenses 269,774 132,021
416,736 345,863

Other operating income 12,984 -
OPERATING PROFIT 4 429,720 345,863


Interest payable and similar expenses 6,492 2,058
PROFIT BEFORE TAXATION 423,228 343,805

Tax on profit (12,042 ) 29,925
PROFIT FOR THE FINANCIAL YEAR 435,270 313,880

Agilitee Limited (Registered number: 08735924)

Balance Sheet
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 465,871 219,112

CURRENT ASSETS
Stocks 479,326 690,999
Debtors 6 369,179 125,810
Cash at bank 202,672 188,053
1,051,177 1,004,862
CREDITORS
Amounts falling due within one year 7 760,976 832,342
NET CURRENT ASSETS 290,201 172,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,072

391,632

CREDITORS
Amounts falling due after more than one
year

8

271,806

150,358
NET ASSETS 484,266 241,274

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 484,166 241,174
484,266 241,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Agilitee Limited (Registered number: 08735924)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





C Narayan - Director


Agilitee Limited (Registered number: 08735924)

Notes to the Financial Statements
for the Year Ended 31 March 2022


1. STATUTORY INFORMATION

Agilitee Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 2 ) .

Agilitee Limited (Registered number: 08735924)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022


4. OPERATING PROFIT

The operating profit is stated after charging:

2022 2021
£    £   
Depreciation - owned assets 74,199 26,199

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2021 228,374 2,024 6,133 20,181 256,712
Additions 229,166 1,036 87,805 2,951 320,958
At 31 March 2022 457,540 3,060 93,938 23,132 577,670
DEPRECIATION
At 1 April 2021 22,570 663 2,535 11,832 37,600
Charge for year 63,491 519 4,222 5,967 74,199
At 31 March 2022 86,061 1,182 6,757 17,799 111,799
NET BOOK VALUE
At 31 March 2022 371,479 1,878 87,181 5,333 465,871
At 31 March 2021 205,804 1,361 3,598 8,349 219,112

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 309,317 86,614
Amounts owed by group undertakings 8,550 -
Other debtors 51,312 39,196
369,179 125,810

Agilitee Limited (Registered number: 08735924)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 41,667 99,243
Finance leases 95,062 -
Trade creditors 342,962 270,024
Taxation and social security 20,508 48,471
Other creditors 260,777 414,604
760,976 832,342

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans - 16,791
Finance leases 271,806 133,567
271,806 150,358