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REGISTERED NUMBER: 14231061 (England and Wales)














Unaudited Financial Statements

for the Period 13 July 2022 to 31 July 2023

for

AG Real Estate UK IL Limited

AG Real Estate UK IL Limited (Registered number: 14231061)






Contents of the Financial Statements
for the Period 13 July 2022 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AG Real Estate UK IL Limited

Company Information
for the Period 13 July 2022 to 31 July 2023







DIRECTORS: A Eshkenazi
A Anav





SECRETARY:





REGISTERED OFFICE: FFT
Reedham House
31 King Street West
Manchester
Greater Manchester
M3 2PJ





REGISTERED NUMBER: 14231061 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

AG Real Estate UK IL Limited (Registered number: 14231061)

Balance Sheet
31 July 2023

Notes £    £   
FIXED ASSETS
Investment property 4 510,740

CURRENT ASSETS
Debtors 5 5,386
Cash at bank 236
5,622
CREDITORS
Amounts falling due within one year 6 182,982
NET CURRENT LIABILITIES (177,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

333,380

CREDITORS
Amounts falling due after more than one
year

7

335,534
NET LIABILITIES (2,154 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (2,254 )
(2,154 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AG Real Estate UK IL Limited (Registered number: 14231061)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





A Anav - Director


AG Real Estate UK IL Limited (Registered number: 14231061)

Notes to the Financial Statements
for the Period 13 July 2022 to 31 July 2023

1. STATUTORY INFORMATION

AG Real Estate UK IL Limited 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

Going concern
The company's financial statements for the period ended 31 July 2023 have been prepared on a going concern basis as, after making appropriate enquiries, the directors has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

AG Real Estate UK IL Limited (Registered number: 14231061)

Notes to the Financial Statements - continued
for the Period 13 July 2022 to 31 July 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 510,740
At 31 July 2023 510,740
NET BOOK VALUE
At 31 July 2023 510,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 5,386

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 29,307
Other creditors 153,675
182,982

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 335,534

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 364,841

9. RELATED PARTY DISCLOSURES

Included in other creditors is the directors' current account balance of £152,031 there are no fixed repayment terms in respect of this balance.There are no fixed repayment terms and no interest is chargeable to the company in respect to this balance.