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REGISTERED NUMBER: 07190639 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2025

for

AGB Automation Ltd

AGB Automation Ltd (Registered number: 07190639)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


AGB Automation Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: N J Gliddon
S P Gliddon
Mrs S Gliddon
Mrs C L Gliddon





REGISTERED OFFICE: South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE





REGISTERED NUMBER: 07190639 (England and Wales)





ACCOUNTANTS: Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
AGB Automation Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AGB Automation Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of AGB Automation Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AGB Automation Ltd and state those matters that we have agreed to state to the Board of Directors of AGB Automation Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AGB Automation Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AGB Automation Ltd. You consider that AGB Automation Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AGB Automation Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE


30 April 2025

AGB Automation Ltd (Registered number: 07190639)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,671 24,896

CURRENT ASSETS
Debtors 5 51,869 49,689
Cash at bank 19,526 28,051
71,395 77,740
CREDITORS
Amounts falling due within one year 6 (73,617 ) (80,085 )
NET CURRENT LIABILITIES (2,222 ) (2,345 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,449

22,551

CREDITORS
Amounts falling due after more than one year 7 (11,332 ) (17,316 )

PROVISIONS FOR LIABILITIES (4,108 ) (4,730 )
NET ASSETS 1,009 505

CAPITAL AND RESERVES
Called up share capital 40 22
Retained earnings 969 483
SHAREHOLDERS' FUNDS 1,009 505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AGB Automation Ltd (Registered number: 07190639)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:





S P Gliddon - Director


AGB Automation Ltd (Registered number: 07190639)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

AGB Automation Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The accounts have been prepared on a going concern basis, despite the fact that current liabilities exceed current assets. The directors have given an undertaking to support the company until it returns to a net assets position. Accordingly the going concern basis is considered appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

AGB Automation Ltd (Registered number: 07190639)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 8,040 41,094 5,909 55,043
DEPRECIATION
At 1 April 2024 7,886 16,352 5,909 30,147
Charge for year 39 6,186 - 6,225
At 31 March 2025 7,925 22,538 5,909 36,372
NET BOOK VALUE
At 31 March 2025 115 18,556 - 18,671
At 31 March 2024 154 24,742 - 24,896

Included in the above are assets held under hire purchase agreements. Depreciation in respect of these assets totalled £4,559 (2024 - £6,079) with a net book value at 31st March 2025 of £13,677 (2024 - £18,236).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 18,852 36,913
Other debtors 33,017 12,776
51,869 49,689

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 5,983 5,214
Taxation and social security 37,907 43,887
Other creditors 29,727 30,984
73,617 80,085

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 11,332 17,316

AGB Automation Ltd (Registered number: 07190639)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 17,315 22,530

Hire purchase liabilities are secured against the assets they are financing.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mrs S Gliddon
Balance outstanding at start of year 9,037 (497 )
Amounts advanced 26,944 28,602
Amounts repaid (13,457 ) (19,068 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,524 9,037

S P Gliddon
Balance outstanding at start of year (517 ) (2,704 )
Amounts advanced 47,610 49,938
Amounts repaid (45,445 ) (47,751 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,648 (517 )

Interest has been charged at current HMRC rates.