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REGISTERED NUMBER: 08541139 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

AGILISTIX LTD

AGILISTIX LTD (REGISTERED NUMBER: 08541139)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGILISTIX LTD

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTORS: C P B Adamson
Mrs R L D Adamson





REGISTERED OFFICE: 10 London Mews
London
W2 1HY





REGISTERED NUMBER: 08541139 (England and Wales)





ACCOUNTANTS: Stein Richards
Chartered Accountants
10 London Mews
Paddington
LONDON
W2 1HY

AGILISTIX LTD (REGISTERED NUMBER: 08541139)

BALANCE SHEET
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 809 70,929

CURRENT ASSETS
Debtors 5 60,956 34,855
Cash at bank 1,469 20,944
62,425 55,799
CREDITORS
Amounts falling due within one year 6 70,010 112,640
NET CURRENT LIABILITIES (7,585 ) (56,841 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,776

)

14,088

PROVISIONS FOR LIABILITIES - 14,003
NET (LIABILITIES)/ASSETS (6,776 ) 85

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings (6,778 ) 83
SHAREHOLDERS' FUNDS (6,776 ) 85

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

AGILISTIX LTD (REGISTERED NUMBER: 08541139)

BALANCE SHEET - continued
31 May 2024


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 12 August 2024 and were signed on its behalf by:





Mrs R L D Adamson - Director


AGILISTIX LTD (REGISTERED NUMBER: 08541139)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Agilistix Ltd 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.

Going concern
The accounts are prepared on a going concern basis. The directors believe this to be appropriate on the basis they have received assurances from the creditors that they will not require the repayment of advances made by them to the company until the company has adequate funds to remain solvent.

Turnover
Turnover represents net invoiced consultancy, excluding value added tax.

Rendering of services

Revenue for providing services are recognised when the service has been completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 25% straight line

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

AGILISTIX LTD (REGISTERED NUMBER: 08541139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 June 2023 151,500 9,039 160,539
Disposals (151,500 ) - (151,500 )
At 31 May 2024 - 9,039 9,039
DEPRECIATION
At 1 June 2023 82,185 7,425 89,610
Charge for year - 805 805
Eliminated on disposal (82,185 ) - (82,185 )
At 31 May 2024 - 8,230 8,230
NET BOOK VALUE
At 31 May 2024 - 809 809
At 31 May 2023 69,315 1,614 70,929

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 60,956 34,855

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 40,319
Taxation and social security 29,198 47,002
Other creditors 40,812 25,319
70,010 112,640

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2

AGILISTIX LTD (REGISTERED NUMBER: 08541139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
C P B Adamson and Mrs R L D Adamson
Balance outstanding at start of year - -
Amounts advanced 60,837 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,837 -