Argoco Holdings Limited 11121975 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Holding company Digita Accounts Production Advanced 6.30.9574.0 true 11121975 2023-01-01 2023-12-31 11121975 2023-12-31 11121975 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11121975 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 11121975 1 2023-12-31 11121975 bus:Micro-entities 2023-01-01 2023-12-31 11121975 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11121975 bus:FullAccounts 2023-01-01 2023-12-31 11121975 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11121975 bus:RegisteredOffice 2023-01-01 2023-12-31 11121975 bus:Director7 2023-01-01 2023-12-31 11121975 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11121975 countries:EnglandWales 2023-01-01 2023-12-31 11121975 1 2023-01-01 2023-12-31 11121975 1 2022-12-31 11121975 2022-01-01 2022-12-31 11121975 2022-12-31 11121975 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 11121975 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 11121975 1 2022-12-31 11121975 1 2022-01-01 2022-12-31 11121975 1 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 11121975

Argoco Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Argoco Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2

 

Argoco Holdings Limited

(Registration number: 11121975)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Fixed assets

6,157,090

6,140,716

Current assets

1,964,096

1,968,574

Creditors: Amounts falling due within one year

(4,983,217)

(4,418,060)

Net current liabilities

(3,019,121)

(2,449,486)

Total assets less current liabilities

3,137,969

3,691,230

Creditors: Amounts falling due after more than one year

(978,735)

(1,687,066)

Accruals and deferred income

(2,700)

(2,700)

 

2,156,534

2,001,464

Capital and reserves

2,156,534

2,001,464

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 August 2024 and signed on its behalf by:
 

Mr J Holly
Director

   
     
 

Argoco Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Poplar Farm
Eastertown
Lympsham
Somerset
BS24 0HY
UK

These financial statements were authorised for issue by the Board on 29 August 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year was 5 (2022 - 5).

3

Related party transactions

2023

At 1 January 2023
£

Advances to director
£

Repayments by director
£

At 31 December 2023
£

Directors' loan account

37

48,000

(48,000)

37

         
       

 

2022

At 1 January 2022
£

Advances to director
£

Repayments by director
£

At 31 December 2022
£

Directors' loan account

37

48,000

(48,000)

37

         
       

 

During the year the company continued to provide loans to the directors. The loans have interest charged at the HMRC approved rate and are repayable on demand.