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Company Registration No. 10522610 (England and Wales)
AGG Holdings Limited Unaudited accounts for the year ended 31 December 2023
AGG Holdings Limited Unaudited accounts Contents
Page
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AGG Holdings Limited Company Information for the year ended 31 December 2023
Directors
Abraham Georgiou Andrea Georgiou
Company Number
10522610 (England and Wales)
Registered Office
203 WEST STREET FAREHAM PO16 0EN ENGLAND
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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AGG Holdings Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
246,393 
246,419 
Current assets
Debtors
- 
50 
Creditors: amounts falling due within one year
(29,504)
(20,639)
Net current liabilities
(29,504)
(20,589)
Total assets less current liabilities
216,889 
225,830 
Creditors: amounts falling due after more than one year
(250,950)
(250,950)
Net liabilities
(34,061)
(25,120)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(34,063)
(25,122)
Shareholders' funds
(34,061)
(25,120)
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Abraham Georgiou Director Company Registration No. 10522610
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AGG Holdings Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
AGG Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 10522610. The registered office is 203 WEST STREET, FAREHAM, PO16 0EN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
25% on reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
246,316 
183 
246,499 
At 31 December 2023
246,316 
183 
246,499 
Depreciation
At 1 January 2023
- 
80 
80 
Charge for the year
- 
26 
26 
At 31 December 2023
- 
106 
106 
Net book value
At 31 December 2023
246,316 
77 
246,393 
At 31 December 2022
246,316 
103 
246,419 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
50 
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AGG Holdings Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
14,718 
14,718 
Other creditors
250 
250 
Loans from directors
14,113 
5,248 
Accruals
423 
423 
29,504 
20,639 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
250,950 
250,950 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Abraham Georgiou
Directors Loan Account
(600)
(13,876)
(5,600)
(8,876)
Andrea Georgiou
Director Loan Account
(4,647)
(590)
- 
(5,237)
(5,247)
(14,466)
(5,600)
(14,113)
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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