Company Registration No. 04957212 (England and Wales)
Agyl Ltd
Unaudited accounts
for the period from 1 February 2022 to 30 July 2023
Agyl Ltd
Unaudited accounts
Contents
Agyl Ltd
Company Information
for the period from 1 February 2022 to 30 July 2023
Company Number
04957212 (England and Wales)
Registered Office
521 Kingston Road
London
SW20 8SF
Agyl Ltd
Statement of financial position
as at 30 July 2023
Cash at bank and in hand
833
25,374
Creditors: amounts falling due within one year
(3,696)
(10,682)
Net current (liabilities)/assets
(2,863)
15,314
Total assets less current liabilities
(2,183)
15,927
Creditors: amounts falling due after more than one year
-
(20,000)
Net liabilities
(2,183)
(4,073)
Called up share capital
100
100
Profit and loss account
(2,283)
(4,173)
Shareholders' funds
(2,183)
(4,073)
For the period ending 30 July 2023 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 director acknowledges his 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 and authorised for issue on 2 October 2023 and were signed on its behalf by
Thomas Gere
Director
Company Registration No. 04957212
Agyl Ltd
Notes to the Accounts
for the period from 1 February 2022 to 30 July 2023
Agyl Ltd is a private company, limited by shares, registered in England and Wales, registration number 04957212. The registered office is 521 Kingston Road, London, SW20 8SF.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
11,525
-
11,525
At 30 July 2023
11,525
424
11,949
At 1 February 2022
10,912
-
10,912
Charge for the period
211
146
357
At 30 July 2023
11,123
146
11,269
At 30 July 2023
402
278
680
At 31 January 2022
613
-
613
Agyl Ltd
Notes to the Accounts
for the period from 1 February 2022 to 30 July 2023
Amounts falling due within one year
Accrued income and prepayments
-
19
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
523
1,902
Loans from directors
2,423
67
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
At the YE 30.07.23 company owes director £2,423
67
(67)
2,423
(2,423)
Loan is interest free and repayable on demand
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).