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REGISTERED NUMBER: 08224792 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TAXAGENTIA LIMITED

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 5

Notes to the Financial Statements 6


TAXAGENTIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P J Dawson
Mrs D J Dawson





REGISTERED OFFICE: 47 Hickory Gardens
Barbe Baker Avenue
West End
Hampshire
SO30 3RN





REGISTERED NUMBER: 08224792 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2024


The directors present their report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of professional services.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

P J Dawson
Mrs D J Dawson

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P J Dawson - Director


21 November 2024

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024

2024 2023
Notes £    £   

TURNOVER - (142 )

Administrative expenses 8,308 2,822
(8,308 ) (2,964 )

Other operating income 16,903 9,672
Gain/loss on revaluation of investments (4,978 ) (10,000 )
OPERATING PROFIT/(LOSS) 4 3,617 (3,292 )

Interest receivable and similar income 3,730 980
PROFIT/(LOSS) BEFORE TAXATION 7,347 (2,312 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

7,347

(2,312

)

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,179 525
Investments 6 3,800 3,800
Investment property 7 164,023 164,023
187,002 168,348

CURRENT ASSETS
Debtors 8 51,111 211,591
Cash at bank 339,165 181,359
390,276 392,950
CREDITORS
Amounts falling due within one year 9 12,840 207
NET CURRENT ASSETS 377,436 392,743
TOTAL ASSETS LESS CURRENT
LIABILITIES

564,438

561,091

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 564,338 560,991
SHAREHOLDERS' FUNDS 564,438 561,091

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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




P J Dawson - Director


TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 April 2022 100 567,303 567,403

Changes in equity
Dividends - (4,000 ) (4,000 )
Total comprehensive income - (2,312 ) (2,312 )
Balance at 31 March 2023 100 560,991 561,091

Changes in equity
Dividends - (4,000 ) (4,000 )
Total comprehensive income - 7,347 7,347
Balance at 31 March 2024 100 564,338 564,438

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Taxagentia 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.

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.

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 - 33.33% 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.

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.

3. EMPLOYEES AND DIRECTORS

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

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 6,106 175

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,993
Additions 24,760
At 31 March 2024 26,753
DEPRECIATION
At 1 April 2023 1,468
Charge for year 6,106
At 31 March 2024 7,574
NET BOOK VALUE
At 31 March 2024 19,179
At 31 March 2023 525

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 3,800
NET BOOK VALUE
At 31 March 2024 3,800
At 31 March 2023 3,800

TAXAGENTIA LIMITED (REGISTERED NUMBER: 08224792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 164,023
NET BOOK VALUE
At 31 March 2024 164,023
At 31 March 2023 164,023

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 50,303 50,303
Other debtors 808 161,288
51,111 211,591

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - (1 )
Other creditors 12,840 208
12,840 207

10. RELATED PARTY DISCLOSURES

At the year end the Company owes the director £12,680 (2023: (£156,169)).