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COMPANY REGISTRATION NUMBER: 14620494
AGILE LAND LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 January 2024
AGILE LAND LIMITED
FINANCIAL STATEMENTS
PERIOD ENDED 31 JANUARY 2024
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 3
AGILE LAND LIMITED
BALANCE SHEET
31 January 2024
2024
Note
£
Current assets
Debtors
5
19,402
Cash at bank and in hand
50,821
------------
70,223
Creditors: amounts falling due within one year
6
( 30,121)
------------
Net current assets
40,102
------------
Total assets less current liabilities
40,102
------------
Capital and reserves
Called up share capital
7
100
Profit and loss account
40,002
------------
Shareholders funds
40,102
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 31 January 2024 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 financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 18 September 2024 , and are signed on behalf of the board by:
Mr V Adomauskas
Director
Company registration number: 14620494
AGILE LAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31 JANUARY 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Westgate, Huddersfield, West Yorkshire, HD1 1PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 .
5. Debtors
2024
£
Trade debtors
19,402
------------
6. Creditors: amounts falling due within one year
2024
£
Corporation tax
29,077
Social security and other taxes
1,037
Director loan accounts
7
------------
30,121
------------
7. Called up share capital
Issued, called up and fully paid
2024
No.
£
Ordinary shares of £ 1 each
100
100
------------
------------
During the period 100 ordinary £1 shares were issued fully paid for cash at par.
8. Related party transactions
The director's loan of £7 amount as set out above is unsecured, repayable on demand and currently interest free. The company is controlled by the director.