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REGISTERED NUMBER: 09622843 (England and Wales)










Aegex Technologies Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2023






Aegex Technologies Ltd (Registered number: 09622843)






Contents of the Financial Statements
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aegex Technologies Ltd

Company Information
for the year ended 30 June 2023







DIRECTOR: T Ventulett





REGISTERED OFFICE: Suite 3, Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ





REGISTERED NUMBER: 09622843 (England and Wales)





ACCOUNTANTS: Walkers Accountants Limited
Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ

Aegex Technologies Ltd (Registered number: 09622843)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
CURRENT ASSETS
Debtors 4 478,408 430,028

CREDITORS
Amounts falling due within one year 5 446,806 421,321
NET CURRENT ASSETS 31,602 8,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,602

8,707

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,502 8,607
SHAREHOLDERS' FUNDS 31,602 8,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 6 November 2023 and were signed by:





T Ventulett - Director


Aegex Technologies Ltd (Registered number: 09622843)

Notes to the Financial Statements
for the year ended 30 June 2023

1. STATUTORY INFORMATION

Aegex Technologies 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Transfer pricing
Transfer pricing rules are based on the internationally agreed 'arm's length' principle.

Guidance on applying the arm's length principle is set out in the OECD guidelines.

The arm's length principle is the international consensus on transfer pricing of transactions undertaken by associated enterprises (controlled transactions), ie the price at which they must take place for tax purposes.

The arm's length principle reflects the conditions under which independent enterprises transact with each other in respect of their commercial and financial relationships, and which are ordinarily determined by market forces.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 478,408 430,028

Aegex Technologies Ltd (Registered number: 09622843)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 5,370 1,687
Other creditors 441,436 419,634
446,806 421,321

6. RELATED PARTY DISCLOSURES

Included within other debtors at the year end is an amount of £478,133 (2022 - £429,752) due from Aegex Technologies LLC a related party company.

Included within other creditors at the year end is an amount of £231,696 (2022 - £209,895) due to ISMS-Aegex KFT, a related party company.

Included within other creditors at the year end is an amount of £208,238 (2022 - £234,584) due to Aegex Technologies LLC Magyarországi Fióktelepe, related party company.