Registered number
13785284
Agave Interiors Ltd
Filleted Accounts
31 December 2023
Agave Interiors Ltd
Registered number: 13785284
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,323 1,430
Current assets
Cash at bank and in hand 39,731 37,229
Creditors: amounts falling due within one year 4 (15,325) (10,250)
Net current assets 24,406 26,979
Total assets less current liabilities 27,729 28,409
Provisions for liabilities (632) (272)
Net assets 27,097 28,137
Capital and reserves
Called up share capital 10 10
Profit and loss account 27,087 28,127
Shareholders' funds 27,097 28,137
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jaroslaw Kozak
Director
Approved by the board on 4 April 2024
Agave Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Current and deferred tax liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 1,689
Additions 2,464
At 31 December 2023 4,153
Depreciation
At 1 January 2023 259
Charge for the year 571
At 31 December 2023 830
Net book value
At 31 December 2023 3,323
At 31 December 2022 1,430
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 624 900
Taxation and social security costs 2,780 6,358
Other creditors, loan from director 11,921 2,992
15,325 10,250
5 Other information
Agave Interiors Ltd is a private company limited by shares and incorporated in England. Its registered office is:
130 Huntingfield Road
London
SW15 5ET
Agave Interiors Ltd 13785284 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Jaroslaw Kozak No description of principal activity 13785284 2021-12-21 2022-12-31 13785284 core:WithinOneYear 2022-12-31 13785284 core:ShareCapital 2022-12-31 13785284 core:RetainedEarningsAccumulatedLosses 2022-12-31 13785284 2023-01-01 2023-12-31 13785284 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13785284 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13785284 bus:Director40 2023-01-01 2023-12-31 13785284 1 2023-01-01 2023-12-31 13785284 2 2023-01-01 2023-12-31 13785284 core:PlantMachinery 2023-01-01 2023-12-31 13785284 countries:England 2023-01-01 2023-12-31 13785284 bus:FRS102 2023-01-01 2023-12-31 13785284 bus:FilletedAccounts 2023-01-01 2023-12-31 13785284 2023-12-31 13785284 core:WithinOneYear 2023-12-31 13785284 core:ShareCapital 2023-12-31 13785284 core:RetainedEarningsAccumulatedLosses 2023-12-31 13785284 core:PlantMachinery 2023-12-31 13785284 2022-12-31 13785284 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure