2022-11-012023-10-312023-10-31false07407465ARGANIC LTD2024-07-2646380iso4217:GBPxbrli:pure074074652022-11-01074074652023-10-31074074652022-11-012023-10-31074074652021-11-01074074652022-10-31074074652021-11-012022-10-3107407465bus:SmallEntities2022-11-012023-10-3107407465bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3107407465bus:AbridgedAccounts2022-11-012023-10-3107407465bus:PrivateLimitedCompanyLtd2022-11-012023-10-3107407465core:WithinOneYear2023-10-3107407465core:AfterOneYear2023-10-3107407465core:WithinOneYear2022-10-3107407465core:AfterOneYear2022-10-3107407465core:ShareCapital2023-10-3107407465core:SharePremium2023-10-3107407465core:RevaluationReserve2023-10-3107407465core:OtherReservesSubtotal2023-10-3107407465core:RetainedEarningsAccumulatedLosses2023-10-3107407465core:ShareCapital2022-10-3107407465core:SharePremium2022-10-3107407465core:RevaluationReserve2022-10-3107407465core:OtherReservesSubtotal2022-10-3107407465core:RetainedEarningsAccumulatedLosses2022-10-3107407465core:LandBuildings2023-10-3107407465core:PlantMachinery2023-10-3107407465core:Vehicles2023-10-3107407465core:FurnitureFittings2023-10-3107407465core:OfficeEquipment2023-10-3107407465core:NetGoodwill2023-10-3107407465core:IntangibleAssetsOtherThanGoodwill2023-10-3107407465core:ListedExchangeTraded2023-10-3107407465core:UnlistedNon-exchangeTraded2023-10-3107407465core:LandBuildings2022-10-3107407465core:PlantMachinery2022-10-3107407465core:Vehicles2022-10-3107407465core:FurnitureFittings2022-10-3107407465core:OfficeEquipment2022-10-3107407465core:NetGoodwill2022-10-3107407465core:IntangibleAssetsOtherThanGoodwill2022-10-3107407465core:ListedExchangeTraded2022-10-3107407465core:UnlistedNon-exchangeTraded2022-10-3107407465core:LandBuildings2022-11-012023-10-3107407465core:PlantMachinery2022-11-012023-10-3107407465core:Vehicles2022-11-012023-10-3107407465core:FurnitureFittings2022-11-012023-10-3107407465core:OfficeEquipment2022-11-012023-10-3107407465core:NetGoodwill2022-11-012023-10-3107407465core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3107407465core:ListedExchangeTraded2022-11-012023-10-3107407465core:UnlistedNon-exchangeTraded2022-11-012023-10-3107407465core:MoreThanFiveYears2022-11-012023-10-3107407465core:Non-currentFinancialInstruments2023-10-3107407465core:Non-currentFinancialInstruments2022-10-3107407465dpl:CostSales2022-11-012023-10-3107407465dpl:DistributionCosts2022-11-012023-10-3107407465core:LandBuildings2022-11-012023-10-3107407465core:PlantMachinery2022-11-012023-10-3107407465core:Vehicles2022-11-012023-10-3107407465core:FurnitureFittings2022-11-012023-10-3107407465core:OfficeEquipment2022-11-012023-10-3107407465dpl:AdministrativeExpenses2022-11-012023-10-3107407465core:NetGoodwill2022-11-012023-10-3107407465core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3107407465dpl:GroupUndertakings2022-11-012023-10-3107407465dpl:ParticipatingInterests2022-11-012023-10-3107407465dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3107407465core:ListedExchangeTraded2022-11-012023-10-3107407465dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3107407465core:UnlistedNon-exchangeTraded2022-11-012023-10-3107407465dpl:CostSales2021-11-012022-10-3107407465dpl:DistributionCosts2021-11-012022-10-3107407465core:LandBuildings2021-11-012022-10-3107407465core:PlantMachinery2021-11-012022-10-3107407465core:Vehicles2021-11-012022-10-3107407465core:FurnitureFittings2021-11-012022-10-3107407465core:OfficeEquipment2021-11-012022-10-3107407465dpl:AdministrativeExpenses2021-11-012022-10-3107407465core:NetGoodwill2021-11-012022-10-3107407465core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3107407465dpl:GroupUndertakings2021-11-012022-10-3107407465dpl:ParticipatingInterests2021-11-012022-10-3107407465dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3107407465core:ListedExchangeTraded2021-11-012022-10-3107407465dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3107407465core:UnlistedNon-exchangeTraded2021-11-012022-10-3107407465core:NetGoodwill2023-10-3107407465core:IntangibleAssetsOtherThanGoodwill2023-10-3107407465core:LandBuildings2023-10-3107407465core:PlantMachinery2023-10-3107407465core:Vehicles2023-10-3107407465core:FurnitureFittings2023-10-3107407465core:OfficeEquipment2023-10-3107407465core:AfterOneYear2023-10-3107407465core:WithinOneYear2023-10-3107407465core:ListedExchangeTraded2023-10-3107407465core:UnlistedNon-exchangeTraded2023-10-3107407465core:ShareCapital2023-10-3107407465core:SharePremium2023-10-3107407465core:RevaluationReserve2023-10-3107407465core:OtherReservesSubtotal2023-10-3107407465core:RetainedEarningsAccumulatedLosses2023-10-3107407465core:NetGoodwill2022-10-3107407465core:IntangibleAssetsOtherThanGoodwill2022-10-3107407465core:LandBuildings2022-10-3107407465core:PlantMachinery2022-10-3107407465core:Vehicles2022-10-3107407465core:FurnitureFittings2022-10-3107407465core:OfficeEquipment2022-10-3107407465core:AfterOneYear2022-10-3107407465core:WithinOneYear2022-10-3107407465core:Liste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ARGANIC LTD

Registered Number
07407465
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

ARGANIC LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

ELEMARA, Dana

Registered Address

17 Wigginton Road
Tamworth
B79 8RH

Registered Number

07407465 (England and Wales)
ARGANIC LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets3384436
Tangible assets4185259
569695
Current assets
Stocks8,4118,000
Debtors1,0283,188
Cash at bank and on hand10369
9,54211,257
Creditors amounts falling due within one year(35,277)(122,770)
Net current assets (liabilities)(25,735)(111,513)
Total assets less current liabilities(25,166)(110,818)
Creditors amounts falling due after one year(189,846)(119,610)
Net assets(215,012)(230,428)
Capital and reserves
Called up share capital11
Share premium12,42012,420
Profit and loss account(227,433)(242,849)
Shareholders' funds(215,012)(230,428)
The financial statements were approved and authorised for issue by the Director on 26 July 2024, and are signed on its behalf by:
ELEMARA, Dana
Director
Registered Company No. 07407465
ARGANIC LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
The director has frozen repayments on borrowings and is modifying the way the business operates to make cost savings and therefore believes that it is appropriate to prepare the financial statements on a going concern basis.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost and written off over 10 years on a straight line basis.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year02
3.Intangible assets

Total

£
Cost or valuation
At 01 November 22521
At 31 October 23521
Amortisation and impairment
At 01 November 2285
Charge for year52
At 31 October 23137
Net book value
At 31 October 23384
At 31 October 22436
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 222,077
At 31 October 232,077
Depreciation and impairment
At 01 November 221,818
Charge for year74
At 31 October 231,892
Net book value
At 31 October 23185
At 31 October 22259