Registered Number:10169369 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
Aargon Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Aargon Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,532,892
1,441,986
2
1,532,892
1,441,986
Trade and other receivables |
28,747
21,734
3
6,771
Cash and cash equivalents |
7,603
29,337
35,518
Trade and other payables: amounts falling due within one year |
(484,886)
(573,869)
4
(449,368)
(544,532)
Net current liabilities
Total assets less current liabilities |
988,360
992,618
Trade and other payables: amounts falling due after more than one |
year |
(685,207)
(633,205)
5
355,155
Net assets
307,411
100
100
355,055
307,311
355,155
307,411
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 21 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
Aargon Limited
Notes to the Financial Statements
Statutory Information
Aargon Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 10169369. |
45 Boundaries Road
London
SW12 8EU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
2. Property, plant and equipment |
1,441,986
90,906
1,532,892
1,532,892
1,441,986
3. Trade and other receivables |
2023
2024
21,734
28,747
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For the year ended 31 May 2024
Aargon Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
88,246
52,002
11,711
20,104
Taxation and social security |
15,717
9,284
197,433
196,928
260,762
206,568
573,869
484,886
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
633,205
685,207
Aargon Ltd has a loan of £745,000 with Cynergy Bank, taken out in November 2022. The loan is repayable over a period ending in November 2027. The interest rate on the loan is 4.95%. |
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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