REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
AGHOCO 1256 LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
AGHOCO 1256 LIMITED |
AGHOCO 1256 LIMITED (REGISTERED NUMBER: 09203438) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 November 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
AGHOCO 1256 LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 November 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
7 Rockfield Business Park |
Old Station Drive |
Leckhampton |
Cheltenham |
GL53 0AN |
AGHOCO 1256 LIMITED (REGISTERED NUMBER: 09203438) |
BALANCE SHEET |
30 November 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
AGHOCO 1256 LIMITED (REGISTERED NUMBER: 09203438) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 November 2023 |
1. | STATUTORY INFORMATION |
Aghoco 1256 Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
Listed investments - Recognised at fair value based on the quoted market price at the balance sheet date. |
Deferred tax - Recognised on the revaluation of listed investments at the balance sheet date. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Financial instruments |
The company primarily has financial assets and financial liabilities of a kind that qualify as basic financial instruments, and are initially recognised at transaction value and subsequently measured at their settlement value. |
The company also holds listed investments, which are financial assets that qualify as basic financial instruments, which are recognised at fair value through the profit and loss account. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
AGHOCO 1256 LIMITED (REGISTERED NUMBER: 09203438) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 November 2023 |
4. | FIXED ASSET INVESTMENTS |
Listed |
investments |
£ |
COST OR VALUATION |
At 1 December 2022 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
At 30 November 2022 |
The historic cost of listed investments at the year end was £6,245,973 (2022 - £7,638,456). |
Accumulated unrealised gains on listed investments at the year end were £457,892 (2022 - accumulated unrealised losses of £361,543). |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other loans |
Tax |
Other creditors |
Director loan | 5,195,945 | 5,914,466 |
7. | DEFERRED TAX |
£ |
Balance at 1 December 2022 | ( |
) |
Credit to Profit and Loss Account during year | ( |
) |
Balance at 30 November 2023 | ( |
) |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £0.01 | 5 | 5 |
AGHOCO 1256 LIMITED (REGISTERED NUMBER: 09203438) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 November 2023 |
8. | CALLED UP SHARE CAPITAL - continued |
The Ordinary share capital of the company is comprised of 4 classes of shares: |
A Ordinary | 200 shares of £0.01 each | Voting rights and individual dividend rights |
B Ordinary | 100 shares of £0.01 each | Individual dividend rights and capital rights |
C Ordinary | 100 shares of £0.01 each | Individual dividend rights and capital rights |
D Ordinary | 100 shares of £0.01 each | Individual dividend rights and capital rights |
9. | RESERVES |
Retained earnings is comprised of accumulated profits/(losses) plus other comprehensive income less dividends. |
At the balance sheet date, this reserve included £1,283,428 that was distributable, and £457,892 that was not as it related to unrealised gains on the revaluation of investments. |
10. | RELATED PARTY DISCLOSURES |
At the balance sheet date the company owed £825 (2022 - £1,000) to a company under common control. |
At the balance sheet date the company owed the directors £5,195,945 (2022 - £5,914,466). |
11. | CONTROL |
The company is controlled by Mr D J Glenn. |