define:ag Limited 12491693 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 12491693 2023-05-01 2024-04-30 12491693 2024-04-30 12491693 core:RetainedEarningsAccumulatedLosses 2024-04-30 12491693 core:ShareCapital 2024-04-30 12491693 core:CurrentFinancialInstruments 2024-04-30 12491693 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 12491693 core:FurnitureFittingsToolsEquipment 2024-04-30 12491693 bus:SmallEntities 2023-05-01 2024-04-30 12491693 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 12491693 bus:FullAccounts 2023-05-01 2024-04-30 12491693 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12491693 bus:RegisteredOffice 2023-05-01 2024-04-30 12491693 bus:Director1 2023-05-01 2024-04-30 12491693 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12491693 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 12491693 core:OfficeEquipment 2023-05-01 2024-04-30 12491693 countries:EnglandWales 2023-05-01 2024-04-30 12491693 2023-04-30 12491693 core:FurnitureFittingsToolsEquipment 2023-04-30 12491693 2022-05-01 2023-04-30 12491693 2023-04-30 12491693 core:RetainedEarningsAccumulatedLosses 2023-04-30 12491693 core:ShareCapital 2023-04-30 12491693 core:CurrentFinancialInstruments 2023-04-30 12491693 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 12491693 core:FurnitureFittingsToolsEquipment 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 12491693

define:ag Limited

Annual Report and Unaudited Financial Statements

For The Year Ended 30 April 2024

 

define:ag Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

define:ag Limited

(Registration number: 12491693)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Tangible assets

4

 

1,590

 

2,383

Current assets

   

 

Debtors

5

3,543

 

10,939

 

Cash at bank and in hand

 

29,658

 

12,201

 

 

33,201

 

23,140

 

Creditors: Amounts falling due within one year

6

(34,397)

 

(16,531)

 

Net current (liabilities)/assets

   

(1,196)

 

6,609

Net assets

   

394

 

8,992

Capital and reserves

   

 

Called up share capital

100

 

100

 

Profit and loss account

294

 

8,892

 

Total equity

   

394

 

8,992

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 30 January 2025
 

.........................................
Mr S. Russell
Director

 

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Equine Centre
Chester Road
Hurleston
Nantwich
CW5 6BU

These financial statements were authorised for issue by the director on 30 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

 

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2024

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% Straight line

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2023

3,178

3,178

At 30 April 2024

3,178

3,178

Depreciation

At 1 May 2023

795

795

Charge for the year

793

793

At 30 April 2024

1,588

1,588

Carrying amount

At 30 April 2024

1,590

1,590

At 30 April 2023

2,383

2,383

5

Debtors

Current

2024
£

2023
£

Trade debtors

3,513

10,909

Other debtors

30

30

 

3,543

10,939

 

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

796

2,415

Taxation and social security

11,430

9,909

Other creditors

22,171

4,207

34,397

16,531