AGELECTONICS LTD

Company Registration Number:
11702964 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

AGELECTONICS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AGELECTONICS LTD

Company Information

for the Period Ended 30 November 2023




Director: GLIGOR, Adrian
Registered office: 208
Commercial Road
London
England
E1 2JT
Company Registration Number: 11702964 (England and Wales)

AGELECTONICS LTD

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

Repair of consumer electronics

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
GLIGOR, Adrian

This report was approved by the board of directors on 19 August 2024
And Signed On Behalf Of The Board By:

Name: GLIGOR, Adrian
Status: Director

AGELECTONICS LTD

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover 0 22,607
Cost of sales ( 0 ) ( 1,781 )
Gross Profit or (Loss) 0 20,826
Administrative Expenses ( 0 ) ( 20,257 )
Operating Profit or (Loss) 0 569
Profit or (Loss) Before Tax 0 569
Tax on Profit ( 0 ) ( 108 )
Profit or (Loss) for Period 0 461

The notes form part of these financial statements

AGELECTONICS LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 100 100
Total fixed assets: 100 100
Current assets
Stocks: 136
Cash at bank and in hand: 208 960
Total current assets: 208 1,096
Creditors: amounts falling due within one year: 5 ( 3,429 )
Net current assets (liabilities): ( 3,221 ) 1,096
Total assets less current liabilities: ( 3,121 ) 1,196
Creditors: amounts falling due after more than one year: 6 ( 11,054 ) ( 14,466 )
Total net assets (liabilities): ( 14,175 ) ( 13,270 )

The notes form part of these financial statements

AGELECTONICS LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 7 ( 14,275 ) ( 13,370 )
Shareholders funds: ( 14,175 ) ( 13,270 )

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 19 August 2024
And Signed On Behalf Of The Board By:

Name: GLIGOR, Adrian
Status: Director

The notes form part of these financial statements

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Intangible Assets are non-monetary assets which are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives.

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 December 2022 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 100 100
Amortisation
Amortisation at 01 December 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 November 2023 - -
Net book value
Net book value at 30 November 2023 100 100
Net book value at 30 November 2022 100 100

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 3,429
Total 3,429

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 11,054 14,466
Total 11,054 14,466

AGELECTONICS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7. Revaluation reserve


2023
£
Balance at 01 December 2022 ( 13,370 )
Surplus or deficit after revaluation ( 905 )
Balance at 30 November 2023 ( 14,275 )