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Company Registration No. 07246421 (England and Wales)
AEGUANA LTD Unaudited accounts for the year ended 31 March 2024
AEGUANA LTD Unaudited accounts Contents
Page
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AEGUANA LTD Company Information for the year ended 31 March 2024
Directors
Jason Vicente Charalambos Palas Johannes Lermann
Company Number
07246421 (England and Wales)
Registered Office
Unit 35, IO Centre Armstrong Road London SE18 6RS
Accountants
AW Accountancy & Bookkeeping Kingfisher House 21-23 Elmfield Road Bromley BR1 1LT
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AEGUANA LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
616,358 
9,581 
Current assets
Inventories
387,619 
339,898 
Debtors
1,674,490 
1,347,301 
Cash at bank and in hand
293,323 
341,859 
2,355,432 
2,029,058 
Creditors: amounts falling due within one year
(1,654,045)
(960,360)
Net current assets
701,387 
1,068,698 
Total assets less current liabilities
1,317,745 
1,078,279 
Creditors: amounts falling due after more than one year
(470,468)
(318,750)
Net assets
847,277 
759,529 
Capital and reserves
Called up share capital
92 
92 
Capital contribution reserve
1,400,000 
- 
Profit and loss account
(552,815)
759,437 
Shareholders' funds
847,277 
759,529 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
Johannes Lermann Director Company Registration No. 07246421
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AEGUANA LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
AEGUANA LTD is a private company, limited by shares, registered in England and Wales, registration number 07246421. The registered office is Unit 35, IO Centre, Armstrong Road, London, SE18 6RS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised in stages to ensure gross margins are commensurate throughout the production process. 50% of turnover is recognised upon goods starting manufacture with the remaining 50% recognised when manufacturing has been completed. Risks and rewards of ownership are only transferred to Customers upon delivery. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Inventories
Inventories have been valued at the higher of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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AEGUANA LTD Notes to the Accounts for the year ended 31 March 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
4,219 
- 
14,973 
19,192 
Additions
11,727 
481,920 
134,713 
628,360 
Disposals
(1,110)
- 
(1,291)
(2,401)
At 31 March 2024
14,836 
481,920 
148,395 
645,151 
Depreciation
At 1 April 2023
1,997 
- 
7,614 
9,611 
Charge for the year
2,365 
3,265 
15,953 
21,583 
On disposals
(1,110)
- 
(1,291)
(2,401)
At 31 March 2024
3,252 
3,265 
22,276 
28,793 
Net book value
At 31 March 2024
11,584 
478,655 
126,119 
616,358 
At 31 March 2023
2,222 
- 
7,359 
9,581 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
456,315 
452,818 
Amounts due from group undertakings etc.
973,060 
815,239 
Accrued income and prepayments
134,334 
64,574 
Other debtors
110,781 
14,670 
1,674,490 
1,347,301 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
39,505 
39,585 
VAT
(198,211)
(23,089)
Trade creditors
1,289,045 
559,748 
Taxes and social security
(54,217)
99,701 
Other creditors
14,040 
64,075 
Accruals
3,000 
3,300 
Deferred income
560,883 
217,040 
1,654,045 
960,360 
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AEGUANA LTD Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,250 
43,750 
Other creditors
464,218 
275,000 
470,468 
318,750 
Analysis of the maturity of loans is given below: Amounts falling due within one year: Bank loans £37,500 Amounts falling due 1-2 years: Bank loans £6,250
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
92 Ordinary shares of £1 each
92 
92 
9
Transactions with related parties
All related party transactions during the and prior period, including key management personnel compensation, were made under normal market conditions.
10
Controlling party
The company is a wholly owned subsidiary of Pagoda Group Limited, a company incorporated in England and Wales. The ultimate controlling party of Pagoda Group Limited.
11
Average number of employees
During the year the average number of employees was 27 (2023: 17).
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