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REGISTERED NUMBER: 04658959 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Agripix Ltd

Agripix Ltd (Registered number: 04658959)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Agripix Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr C S Sainsbury-Plaice





REGISTERED OFFICE: Rosehall Farm
Exhall
Alcester
Warwickshire
B49 6EB





REGISTERED NUMBER: 04658959 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

Agripix Ltd (Registered number: 04658959)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,630 11,913
9,630 11,913

CURRENT ASSETS
Stocks 23,000 21,940
Debtors 6 33,993 34,477
Cash at bank 562 6,310
57,555 62,727
CREDITORS
Amounts falling due within one year 7 57,854 55,689
NET CURRENT (LIABILITIES)/ASSETS (299 ) 7,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,331

18,951

CREDITORS
Amounts falling due after more than one year 8 8,999 18,009
NET ASSETS 332 942

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 330 940
SHAREHOLDERS' FUNDS 332 942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Agripix Ltd (Registered number: 04658959)

Balance Sheet - continued
29 February 2024


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 4 November 2024 and were signed by:





Mr C S Sainsbury-Plaice - Director


Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Agripix Ltd 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 20,000
AMORTISATION
At 1 March 2023
and 29 February 2024 20,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 27,987
Additions 338
At 29 February 2024 28,325
DEPRECIATION
At 1 March 2023 16,074
Charge for year 2,621
At 29 February 2024 18,695
NET BOOK VALUE
At 29 February 2024 9,630
At 28 February 2023 11,913

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 24,649 16,086
Other debtors 9,344 18,391
33,993 34,477

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 26,007 22,669
Hire purchase contracts 3,010 3,612
Trade creditors 14,048 17,683
Taxation and social security 14,789 11,725
57,854 55,689

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 8,999 14,999
Hire purchase contracts - 3,010
8,999 18,009

Agripix Ltd (Registered number: 04658959)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C S Sainsbury-Plaice.