Company Registration No. 13305377 (England and Wales)
AGI Wisdom Ventures Ltd
Unaudited accounts
for the year ended 31 March 2024
AGI Wisdom Ventures Ltd
Unaudited accounts
Contents
AGI Wisdom Ventures Ltd
Company Information
for the year ended 31 March 2024
Director
Dr Andrews pardoe
Company Number
13305377 (England and Wales)
Registered Office
THE COACH HOUSE
PALACE ROAD
ST. AUSTELL
CORNWALL
PL25 4BP
ENGLAND
Accountants
Azoth Solutions Ltd
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
AGI Wisdom Ventures Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
1,894
1,649
Cash at bank and in hand
5,300
3,887
Creditors: amounts falling due within one year
(18,235)
(27,646)
Net current assets
46,890
26,602
Total assets less current liabilities
48,784
28,251
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
48,684
27,838
Shareholders' funds
48,784
27,938
For the year ending 31 March 2024 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 1 August 2024 and were signed on its behalf by
Dr Andrews pardoe
Director
Company Registration No. 13305377
AGI Wisdom Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2024
AGI Wisdom Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 13305377. The registered office is THE COACH HOUSE, PALACE ROAD, ST. AUSTELL, CORNWALL, PL25 4BP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
15% RBM
Computer equipment
15% RBM
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
515
1,438
1,953
At 31 March 2024
760
1,438
2,198
At 1 April 2023
77
227
304
At 31 March 2024
77
227
304
At 31 March 2024
683
1,211
1,894
At 31 March 2023
438
1,211
1,649
AGI Wisdom Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
16,813
18,500
Amounts due from group undertakings etc.
42,259
31,861
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
19,975
19,975
Taxes and social security
-
9,411
Loans from directors
(3,000)
(3,000)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).