IRIS Accounts Production v24.2.0.383 06832453 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068324532023-03-31068324532024-03-31068324532023-04-012024-03-31068324532022-03-31068324532022-04-012023-03-31068324532023-03-3106832453ns15:EnglandWales2023-04-012024-03-3106832453ns14:PoundSterling2023-04-012024-03-3106832453ns10:Director12023-04-012024-03-3106832453ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106832453ns10:SmallEntities2023-04-012024-03-3106832453ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106832453ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106832453ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106832453ns10:FullAccounts2023-04-012024-03-3106832453ns10:RegisteredOffice2023-04-012024-03-3106832453ns5:CurrentFinancialInstruments2024-03-3106832453ns5:CurrentFinancialInstruments2023-03-3106832453ns5:ShareCapital2024-03-3106832453ns5:ShareCapital2023-03-3106832453ns5:RetainedEarningsAccumulatedLosses2024-03-3106832453ns5:RetainedEarningsAccumulatedLosses2023-03-3106832453ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106832453ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106832453ns5:CurrentFinancialInstruments2023-04-012024-03-31068324531ns10:Director12023-03-31068324531ns10:Director12022-03-31068324531ns10:Director12023-04-012024-03-31068324531ns10:Director12022-04-012023-03-31068324531ns10:Director12024-03-31068324531ns10:Director12023-03-31
REGISTERED NUMBER: 06832453 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

AGG GLOBAL LIMITED

AGG GLOBAL LIMITED (REGISTERED NUMBER: 06832453)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AGG GLOBAL LIMITED

Company Information
for the year ended 31 March 2024







DIRECTOR: N Peeroo





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 06832453 (England and Wales)






AGG GLOBAL LIMITED (REGISTERED NUMBER: 06832453)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4 65,776 56,270
Debtors 5 26,376 -
Cash at bank and in hand 851 4,564
93,003 60,834
CREDITORS
Amounts falling due within one year 6 (95,318 ) (191,835 )
NET CURRENT LIABILITIES (2,315 ) (131,001 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,315

)

(131,001

)

CAPITAL AND RESERVES
Called up share capital 7 100 1
Retained earnings (2,415 ) (131,002 )
SHAREHOLDERS' FUNDS (2,315 ) (131,001 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 9 September 2024 and were signed by:





N Peeroo - Director


AGG GLOBAL LIMITED (REGISTERED NUMBER: 06832453)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

AGG Global Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue from the sale of goods is recognised at the point of sale.

Stocks
Stock is valued at the lower of cost and estimated selling price less costs.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. STOCKS
2024 2023
£    £   
Stock 65,776 56,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,617 -
Other debtors 24,759 -
26,376 -

AGG GLOBAL LIMITED (REGISTERED NUMBER: 06832453)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,286 -
Trade creditors 7,216 39,091
Taxation and social security 3,345 4,279
Other creditors 62,471 148,465
95,318 191,835

Included in other creditors is £32,093 (2023: £138,534) due back to the company shareholder.

7. CALLED UP SHARE CAPITAL

During the year the company issued 99 £1 ordinary shares at par value.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
N Peeroo
Balance outstanding at start of year - -
Amounts advanced 22,440 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,440 -