Company Registration No. 11847898 (England and Wales)
AGI Wisdom Works Ltd
Unaudited accounts
for the year ended 31 March 2024
AGI Wisdom Works Ltd
Unaudited accounts
Contents
AGI Wisdom Works Ltd
Company Information
for the year ended 31 March 2024
Company Number
11847898 (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 Works Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
16,184
296
Creditors: amounts falling due within one year
(78,160)
(41,741)
Net current liabilities
(39,149)
(21,353)
Net liabilities
(39,149)
(21,353)
Called up share capital
1
1
Profit and loss account
(39,150)
(21,354)
Shareholders' funds
(39,149)
(21,353)
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 18 May 2024 and were signed on its behalf by
Dr Andrew Pardoe
Director
Company Registration No. 11847898
AGI Wisdom Works Ltd
Notes to the Accounts
for the year ended 31 March 2024
AGI Wisdom Works Ltd is a private company, limited by shares, registered in England and Wales, registration number 11847898. 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.
Amounts falling due within one year
Trade debtors
12,575
9,840
Amounts due from group undertakings etc.
10,162
10,162
Accrued income and prepayments
90
90
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,950
-
Amounts owed to group undertakings and other participating interests
34,229
31,625
Taxes and social security
(1,828)
1,918
Loans from directors
8,041
5,771
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).