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REGISTERED NUMBER: 13266808 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

AGILE INVESTMENTS LTD

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)






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


AGILE INVESTMENTS LTD

Company Information
for the year ended 29 February 2024







DIRECTOR: A Litsiou





REGISTERED OFFICE: Suite 7 155 Minories
Aldgate
London
EC3N 1AD





REGISTERED NUMBER: 13266808 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,669 13,933
Investment property 5 456,000 461,000
469,669 474,933

CURRENT ASSETS
Debtors 6 1,829 1,637
Cash at bank 3,586 1,436
5,415 3,073
CREDITORS
Amounts falling due within one year 7 (128,989 ) (128,296 )
NET CURRENT LIABILITIES (123,574 ) (125,223 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,095

349,710

CREDITORS
Amounts falling due after more than one
year

8

(278,103

)

(278,103

)

PROVISIONS FOR LIABILITIES 10 (8,654 ) (9,628 )
NET ASSETS 59,338 61,979

CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium 24,377 24,377
Retained earnings 34,861 37,502
SHAREHOLDERS' FUNDS 59,338 61,979

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 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.

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

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 17 November 2024 and were signed by:





A Litsiou - Director


AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Agile Investments 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.

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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and rental income is recognised on an accruals basis.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment-33% reducing balance
Long leasehold- 99 years on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Long Computer
leasehold equipment Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 13,690 568 14,258
DEPRECIATION
At 1 March 2023 138 187 325
Charge for year 139 125 264
At 29 February 2024 277 312 589
NET BOOK VALUE
At 29 February 2024 13,413 256 13,669
At 28 February 2023 13,552 381 13,933

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 461,000
Revaluations (5,000 )
At 29 February 2024 456,000
NET BOOK VALUE
At 29 February 2024 456,000
At 28 February 2023 461,000

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

5. INVESTMENT PROPERTY - continued

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2023 461,000
Valuation in 2024 (5,000 )
456,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,829 1,637

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,447 14,447
Trade creditors 253 -
Amounts owed to group undertakings 89,667 90,342
Other creditors 24,622 23,507
128,989 128,296

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 278,103 278,103

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 220,315 220,315

9. SECURED DEBTS

The company's bankers have a charge over the leasehold property Flat 38, Nightingale House, 50 Thomas More Street, London E1W 1UA registered under title number EGL225149.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,654 9,628

AGILE INVESTMENTS LTD (REGISTERED NUMBER: 13266808)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 9,628
Provided during year (974 )
Balance at 29 February 2024 8,654

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100