1 April 2022 false No description of principal activity Taxfiler 2023.10 05145452business:PrivateLimitedCompanyLtd2022-04-012023-03-31 051454522022-03-31 051454522022-04-012023-03-31 05145452business:AuditExemptWithAccountantsReport2022-04-012023-03-31 05145452business:FilletedAccounts2022-04-012023-03-31 051454522023-03-31 05145452business:Director12022-04-012023-03-31 05145452business:CompanySecretary12022-04-012023-03-31 05145452business:RegisteredOffice2022-04-012023-03-31 051454522022-03-31 05145452core:WithinOneYear2023-03-31 05145452core:WithinOneYear2022-03-31 05145452core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 05145452core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 05145452core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 05145452core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 05145452core:PreviouslyStatedAmount2023-03-31 05145452core:PreviouslyStatedAmount2022-03-31 05145452business:SmallEntities2022-04-012023-03-31 05145452countries:EnglandWales2022-04-012023-03-31 05145452core:ComputerEquipment2022-04-012023-03-31 05145452core:ComputerEquipment2022-03-31 05145452core:ComputerEquipment2023-03-31 051454522021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05145452 (England and Wales)
AGN Real Estate Limited Unaudited accounts for the year ended 31 March 2023
AGN Real Estate Limited Unaudited accounts Contents
Page
- 2 -
AGN Real Estate Limited Company Information for the year ended 31 March 2023
Director
Nicholas Lloyd BYWATER
Secretary
Nicholas Lloyd BYWATER
Company Number
05145452 (England and Wales)
Registered Office
27 Shrublands Charlton Kings Cheltenham Gloucestershire GL53 0ND
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AGN Real Estate Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AGN Real Estate Limited for the year ended 31 March 2023 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of AGN Real Estate Limited, as a body, in accordance with the terms of our engagement letter dated 16 December 2019. Our work has been undertaken solely to prepare for your approval the accounts of AGN Real Estate Limited and state those matters that we have agreed to state to the Board of Directors of AGN Real Estate Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AGN Real Estate Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AGN Real Estate Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of AGN Real Estate Limited. You consider that AGN Real Estate 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 accounts of AGN Real Estate 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 accounts.
Cranleys Chartered Accountants Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN 14 November 2023
- 4 -
AGN Real Estate Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
127 
169 
Current assets
Debtors
1,055 
1,055 
Cash at bank and in hand
3,685 
16,020 
4,740 
17,075 
Creditors: amounts falling due within one year
(2,200)
(1,100)
Net current assets
2,540 
15,975 
Net assets
2,667 
16,144 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,665 
16,142 
Shareholders' funds
2,667 
16,144 
For the year ending 31 March 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 14 November 2023 and were signed on its behalf by
Nicholas Lloyd BYWATER Director Company Registration No. 05145452
- 5 -
AGN Real Estate Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
AGN Real Estate Limited is a private company, limited by shares, registered in England and Wales, registration number 05145452. The registered office is 27 Shrublands, Charlton Kings, Cheltenham, Gloucestershire, GL53 0ND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 6 -
AGN Real Estate Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,030 
At 31 March 2023
1,030 
Depreciation
At 1 April 2022
861 
Charge for the year
42 
At 31 March 2023
903 
Net book value
At 31 March 2023
127 
At 31 March 2022
169 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,055 
1,055 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
2,200 
1,100 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -