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REGISTERED NUMBER: 04658959 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Agripix Ltd

Agripix Ltd (Registered number: 04658959)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Agripix Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr C S Sainsbury-Plaice





REGISTERED OFFICE: Rosehall Farm
Exhall
Alcester
Warwickshire
B49 6EB





REGISTERED NUMBER: 04658959 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

Agripix Ltd (Registered number: 04658959)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,913 11,718
11,913 11,718

CURRENT ASSETS
Stocks 21,940 10,860
Debtors 6 34,477 54,757
Cash at bank 6,310 1,004
62,727 66,621
CREDITORS
Amounts falling due within one year 7 55,689 51,268
NET CURRENT ASSETS 7,038 15,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,951

27,071

CREDITORS
Amounts falling due after more than one
year

8

18,009

26,901
NET ASSETS 942 170

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 940 168
SHAREHOLDERS' FUNDS 942 170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Agripix Ltd (Registered number: 04658959)

Balance Sheet - continued
28 February 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2023 and were signed by:





Mr C S Sainsbury-Plaice - Director


Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Agripix Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 20,000
AMORTISATION
At 1 March 2022
and 28 February 2023 20,000
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 25,206
Additions 2,781
At 28 February 2023 27,987
DEPRECIATION
At 1 March 2022 13,488
Charge for year 2,586
At 28 February 2023 16,074
NET BOOK VALUE
At 28 February 2023 11,913
At 28 February 2022 11,718

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 16,086 20,528
Other debtors 18,391 34,229
34,477 54,757

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 22,669 21,259
Hire purchase contracts 3,612 3,612
Trade creditors 17,683 13,555
Taxation and social security 11,725 12,842
55,689 51,268

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 14,999 20,279
Hire purchase contracts 3,010 6,622
18,009 26,901

Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 March 2022 168
Profit for the year 28,772
Dividends (28,000 )
At 28 February 2023 940

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C S Sainsbury-Plaice.