REGISTERED NUMBER: |
STRATEGIC REPORT, REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
FOR |
AEGIS RAIL HOLDINGS LIMITED |
REGISTERED NUMBER: |
STRATEGIC REPORT, REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
FOR |
AEGIS RAIL HOLDINGS LIMITED |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
Page |
Company Information | 1 |
Strategic Report | 2 |
Report of the Directors | 4 |
Report of the Independent Auditor | 6 |
Statement of Comprehensive Income | 10 |
Balance Sheet | 11 |
Statement of Changes in Equity | 13 |
Notes to the Financial Statements | 14 |
AEGIS RAIL HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITOR: |
Chartered Accountants and |
Statutory Auditors |
50 Seymour Street |
London |
W1H 7JG |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
STRATEGIC REPORT |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
The directors present their strategic report for the year ended 31st December 2024. |
REVIEW OF BUSINESS |
As a non-trading holding company, the receipts and payments of interim and final dividends has been the company's only activity during the year as detailed in the report of the Directors. |
There are no key performance indicators for the company as there is no performance to consider. |
At the balance sheet date, the company net assets stood at £885,802 (2023: £693,814) |
PRINCIPAL RISKS AND UNCERTAINTIES |
As a holding company, the principal risks the company is exposed to are those faced by its principal trading subsidiaries, Aegis Engineering Systems (AES) Limited, Aegis Certification Services Limited Aegis Certification SLU. |
Whilst the outlook for 2025 shows promising growth, the directors are of the opinion that several risks require ongoing monitoring and mitigation strategies: |
Client Concentration: |
Significant dependency on key clients presents a growth risk if project demand diminishes. AEGIS is currently diversifying into other sectors and closely monitoring the balance of income from major clients. |
Geopolitical and Economic Factors: |
UK governmental budget allocations and regulatory environments could shift unpredictably due to global or domestic political changes, impacting infrastructure spending. Management continues to closely monitor developments in relation to the political and economic uncertainties in order to mitigate any risks to the business. |
Market Competition: |
Increased competition and evolving market dynamics necessitate continuous innovation and strategic market positioning. We continually add to our service offering, review customer feedback and evaluate our pricing structure to remain competitive. |
Foreign currency risk |
Due to the projected growth in our Global Certification offerings, foreign currency exposure becomes a potential risk. However, our parent company Ikos has offices in 13 countries worldwide, thus offering strong mitigation for this risk |
The board believes that the company subsidiaries are well positioned to face the challenges of the future and the uncertain economic conditions that remain across the rail sector in the United Kingdom and wordwide. The Directors have developed a strategy that reflects a commitment to sustainable growth, enhanced operational effectiveness, innovation, and stakeholder value creation, positioning AEGIS for sustained success in the evolving global rail market. |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
STRATEGIC REPORT |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
FUTURE DEVELOPMENTS |
The business model of the company is to remain as a holding company to its primary trading subsidiaries. |
ON BEHALF OF THE BOARD: |
23rd April 2025 |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
The directors present their report with the financial statements of the company for the year ended 31st December 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of a non-trading immediate holding company. |
DIVIDENDS |
A final dividend of £312.50 per share for the year ended 31 December 2023 was paid on 1st January 2024 and an interim dividend of £256.07 per share for the year ended 31 December 2024 was paid on the Ordinary A £1 shares on 1st July 2024. |
No dividends were paid on any other classes of shares. |
The total distribution of dividends for the year ended 31st December 2024 was £1,091,667. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report. |
DIRECTORS' RESPONSIBILITIES STATEMENT |
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations. |
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: |
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and accounting estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS |
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditor is unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information. |
AUDITOR |
The auditors, Orcom Civvals Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting. |
ON BEHALF OF THE BOARD: |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
AEGIS RAIL HOLDINGS LIMITED |
Opinion |
We have audited the financial statements of Aegis Rail Holdings Limited (the 'company') for the year ended 31st December 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). |
In our opinion the financial statements: |
- | give a true and fair view of the state of the company's affairs as at 31st December 2024 and of its profit for the year then ended; |
- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
- | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. |
Conclusions relating to going concern |
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. |
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. |
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. |
Other information |
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditor thereon. |
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. |
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
AEGIS RAIL HOLDINGS LIMITED |
Opinions on other matters prescribed by the Companies Act 2006 |
In our opinion, based on the work undertaken in the course of the audit: |
- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception |
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors. |
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: |
- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
- | the financial statements are not in agreement with the accounting records and returns; or |
- | certain disclosures of directors' remuneration specified by law are not made; or |
- | we have not received all the information and explanations we require for our audit. |
Responsibilities of directors |
As explained more fully in the Directors' Responsibilities Statement set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. |
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
AEGIS RAIL HOLDINGS LIMITED |
Auditors' responsibilities for the audit of the financial statements |
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditor that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. |
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: |
Based on our understanding of the company and industry, we identified that the principal risks of non-compliance with laws and regulations related to UK taxation, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the financial statements such as the Companies Act 2006. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to management override of controls. Audit procedures performed |
by the engagement team included: |
- Reviewing minutes of meetings of those charged with governance |
- Enquiry of management and those charged with governance around actual and potential litigation and claims; |
- Reviewing financial statement disclosures and testing to supporting documentation to assess |
compliance with applicable laws and regulations, and - Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness and testing accounting estimates (because of the risk of management bias). |
There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. |
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditor. |
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditor. |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
AEGIS RAIL HOLDINGS LIMITED |
Use of our report |
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditor and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. |
for and on behalf of |
Chartered Accountants and |
Statutory Auditors |
50 Seymour Street |
London |
W1H 7JG |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
STATEMENT OF COMPREHENSIVE |
INCOME |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
31.12.24 | 31.12.23 |
Notes | £ | £ |
TURNOVER |
Administrative expenses | ( |
) | ( |
) |
(16,345 | ) | (7,280 | ) |
Income from shares in group undertakings |
PROFIT BEFORE TAXATION | 5 |
Tax on profit | 6 |
PROFIT FOR THE FINANCIAL YEAR |
OTHER COMPREHENSIVE INCOME | - | - |
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
BALANCE SHEET |
31ST DECEMBER 2024 |
31.12.24 | 31.12.23 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Share premium | 12 |
Retained earnings | 12 |
SHAREHOLDERS' FUNDS |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
BALANCE SHEET - continued |
31ST DECEMBER 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
STATEMENT OF CHANGES IN EQUITY |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
Called up |
share | Retained | Share | Total |
capital | earnings | premium | equity |
£ | £ | £ | £ |
Balance at 1st January 2023 | ( |
) | ( |
) |
Changes in equity |
Issue of share capital | - |
Total comprehensive income | - | - |
Balance at 31st December 2023 |
Changes in equity |
Dividends | - | ( |
) | - | ( |
) |
Total comprehensive income | - | - |
Balance at 31st December 2024 |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
1. | STATUTORY INFORMATION |
Aegis Rail Holdings 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 (£) rounded to the nearest Pound Sterling |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with Financial Reporting Standing 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Companies Act 2006. |
The financial statements have been prepared under the historical cost convention, modified to include the cost of certain investments in subsidiaries at fair value. |
Financial Reporting Standard 102 - reduced disclosure exemptions |
The company is a qualifying entity for the purposes of FRS102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended give a true and fair view of assets, liabilities, financial position and profit and loss of the group. The company has therefore taken advantage of the exemptions from the following disclosure requirements: |
- Section 4 'Statement of Financial Position' - Reconciliation of the opening and closing number of shares; |
- Section 7 'Statement of Cash Flows' - Presentation of a statement of cash flow and related notes and disclosures; |
- Section 33 'Related Party Disclosures': Compensation for key management personnel. |
Preparation of consolidated financial statements |
The financial statements contain information about Aegis Rail Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it is a wholly owned subsidiary undertaking of Ikos Consulting UK. Limited, a company registered in England and Wales and whose registered office is at 138 Holborn, London, England, EC1N 2SW. The company and its wholly owned subsidiaries accounts will be included in the consolidated financial statements of Ikos Consulting UK. Limited and it complies with all the requirements set out in s400 of the Companies Act 2006. |
Investments in subsidiaries |
Interest in subsidiaries, associates and jointly controlled entities are measured at cost. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. |
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
2. | ACCOUNTING POLICIES - continued |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Basic financial assets: |
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. |
Classification of financial liabilities: |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
Basic financial liabilities: |
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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. |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
2. | ACCOUNTING POLICIES - continued |
Going concern |
The directors have prepared the financial statements on a going concern basis which they consider to be appropriate. |
When assessing the company's ability to continue as a going concern, the directors have reviewed the cashflow forecasts and projections of the company's trading subsidiaries which have been prepared for a period covering of 12 months from the date of approval of their financial statements. Based on their assessment, the directors have a reasonable expectation that the subsidiaries will have adequate resources to continue in operational existence for the foreseeable future. |
Cash and cash equivalents |
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand. |
3. | CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY |
The preparation of financial statements in conformity with FRS 102 requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The notes to the financial statements set out areas involving a higher degree of judgement, or areas where assumptions are significant to the reporting entity and its financial report such as: |
- useful economic lives of tangible assets |
- fair value of assets and liabilities |
- recoverability of tax receivables, deferred tax assets and measurement of current and deferred tax liabilities can require significant judgement, particularly where the recoverability of such tax balances relies on the estimation of future taxable profits and management's determination of the likelihood that uncertain tax positions will be accepted by the relevant taxation authority |
- the timing of derecognition of assets and liabilities following the disposal of an investment, including the measurement of the associated gain or loss |
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including reasonable expectations of future events. Management believes that the estimates used in preparing this financial statements are reasonable. Actual results in the future may differ from those reported and it is therefore reasonably possible, on the basis of existing knowledge, that outcomes within the next financial year that are different from management's assumptions and estimates could require an adjustment to the carrying amounts of the reported assets and liabilities in future reporting periods. |
4. | EMPLOYEES AND DIRECTORS |
There were no staff costs for the year ended 31st December 2024 nor for the year ended 31st December 2023. |
The average number of employees during the year was NIL (2023 - NIL). |
31.12.24 | 31.12.23 |
£ | £ |
Directors' remuneration |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
5. | PROFIT BEFORE TAXATION |
The profit is stated after charging: |
31.12.24 | 31.12.23 |
£ | £ |
Auditors' remuneration |
6. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose for the year ended 31st December 2024 nor for the year ended 31st December 2023. |
Reconciliation of total tax charge included in profit and loss |
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below: |
31.12.24 | 31.12.23 |
£ | £ |
Profit before tax |
Profit multiplied by the standard rate of corporation tax in the UK of |
Effects of: |
Expenses not deductible for tax purposes |
Dividends received | ( |
) | ( |
) |
Losses group relieved |
Total tax charge | - | - |
7. | DIVIDENDS |
31.12.24 | 31.12.23 |
£ | £ |
Ordinary A shares of £1 each |
Final |
Interim |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
8. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakin |
£ |
COST |
At 1st January 2024 |
Additions |
At 31st December 2024 |
NET BOOK VALUE |
At 31st December 2024 |
At 31st December 2023 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: 29 Brunel Parkway, Pride Park, Derby, DE24 8HR |
Nature of business: |
% |
Class of shares: | holding |
Registered office: 29 Brunel Parkway, Pride Park, Derby, United Kingdom, DE24 8HR |
Nature of business: |
% |
Class of shares: | holding |
Registered office: 5D 143 De La Castellana. Madrid |
Nature of business: |
% |
Class of shares: | holding |
Registered office: 240 Richmond Street West, Toronto, Ontario, M5V!V6, Canada |
Nature of business: |
% |
Class of shares: | holding |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 31.12.23 |
£ | £ |
Amounts owed by group undertakings |
Prepayments and accrued income |
Amounts owed from group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand. |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 31.12.23 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Accrued expenses |
Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand. |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.24 | 31.12.23 |
value: | £ | £ |
Ordinary A | £1 | 1,920 | 1,920 |
Ordinary B | £1 | 221 | 221 |
Ordinary C | £1 | 836 | 836 |
Ordinary D | £1 | 389 | 389 |
Ordinary E | £1 | 274 | 274 |
250 | Ordinary F | £1 | 250 | 250 |
120 | Ordinary G | £1 | 120 | 120 |
250 | Ordinary H | £1 | 250 | 250 |
220 | Ordinary I | £1 | 220 | 220 |
4,480 | 4,480 |
AEGIS RAIL HOLDINGS LIMITED (REGISTERED NUMBER: 12973439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
12. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
At 1st January 2024 | 689,334 |
Profit for the year |
Dividends | ( |
) | ( |
) |
At 31st December 2024 | 881,322 |
13. | ULTIMATE CONTROLLING PARTY |
The immediate parent undertaking is Ikos Consulting UK. Limited, a company registered in England and Wales. |
The smallest group in which the results of this company are consolidated is Ikos Consulting UK. Limited and copies of these consolidated financial statements are available from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. |
The ultimate parent undertaking is Ikos Group SAS, a company registered in France, and it is the largest group in which the results of this company are consolidated. Copies of these consolidated financial statements are available from the National Register of Companies, Institut National de la Propriété Industrielle, 26 bis de Leningrad, 75008 Paris, France. |