IRIS Accounts Production v24.3.0.553 03609712 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036097122023-03-31036097122024-03-31036097122023-04-012024-03-31036097122022-03-31036097122022-04-012023-03-31036097122023-03-3103609712ns15:EnglandWales2023-04-012024-03-3103609712ns14:PoundSterling2023-04-012024-03-3103609712ns10:Director12023-04-012024-03-3103609712ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103609712ns10:SmallEntities2023-04-012024-03-3103609712ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103609712ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103609712ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103609712ns10:FullAccounts2023-04-012024-03-3103609712ns10:RegisteredOffice2023-04-012024-03-3103609712ns5:CurrentFinancialInstruments2024-03-3103609712ns5:CurrentFinancialInstruments2023-03-3103609712ns5:ShareCapital2024-03-3103609712ns5:ShareCapital2023-03-3103609712ns5:RetainedEarningsAccumulatedLosses2024-03-3103609712ns5:RetainedEarningsAccumulatedLosses2023-03-3103609712ns5:ComputerEquipment2023-04-012024-03-3103609712ns5:ComputerEquipment2023-03-3103609712ns5:ComputerEquipment2024-03-3103609712ns5:ComputerEquipment2023-03-31036097121ns10:Director12023-03-31036097121ns10:Director12022-03-31036097121ns10:Director12023-04-012024-03-31036097121ns10:Director12022-04-012023-03-31036097121ns10:Director12024-03-31036097121ns10:Director12023-03-31
REGISTERED NUMBER: 03609712 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

AGH ENTERPRISES LIMITED

AGH ENTERPRISES LIMITED (REGISTERED NUMBER: 03609712)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AGH ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A J Cussell





REGISTERED OFFICE: 43 Hildyard Close
Hardwicke
Gloucester
Gloucestershire
GL2 4PZ





REGISTERED NUMBER: 03609712 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

AGH ENTERPRISES LIMITED (REGISTERED NUMBER: 03609712)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87 347

CURRENT ASSETS
Cash at bank 90,338 64,194

CREDITORS
Amounts falling due within one year 5 67,942 54,114
NET CURRENT ASSETS 22,396 10,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,483

10,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,383 10,327
SHAREHOLDERS' FUNDS 22,483 10,427

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2024 and were signed by:





A J Cussell - Director


AGH ENTERPRISES LIMITED (REGISTERED NUMBER: 03609712)

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

1. STATUTORY INFORMATION

AGH Enterprises 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised once work is completed on an accrued income basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern
The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability of the company to continue as a going concern have been identified by the directors.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3. EMPLOYEES AND DIRECTORS

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

AGH ENTERPRISES LIMITED (REGISTERED NUMBER: 03609712)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 781
DEPRECIATION
At 1 April 2023 434
Charge for year 260
At 31 March 2024 694
NET BOOK VALUE
At 31 March 2024 87
At 31 March 2023 347

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation Tax 12,318 3,195
Director's loan accs less 1yr 52,483 47,928
Accruals and deferred income 3,141 2,991
67,942 54,114

6. TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
A J Cussell
Balance outstanding at start of year (47,928 ) (38,069 )
Amounts advanced 52,000 62,008
Amounts repaid (56,555 ) (71,867 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (52,483 ) (47,928 )

No interest was charged on the above balance. There are no set repayment terms on the loan.