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REGISTERED NUMBER: 10959458 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

AGILE ENGINEERING CONSULTANCY LTD

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AGILE ENGINEERING CONSULTANCY LTD

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: C Brackley
K L Brackley





REGISTERED OFFICE: Unit 1 Squirrels Lodge
Hards Lane
Frognall
Peterborough
Cambridgeshire
PE6 8RL





REGISTERED NUMBER: 10959458 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

STATEMENT OF FINANCIAL POSITION
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 29,350 39,077

CURRENT ASSETS
Stocks 5 4,000 4,000
Debtors 6 46,018 39,184
Cash at bank 75,690 68,660
125,708 111,844
CREDITORS
Amounts falling due within one year 7 75,604 48,301
NET CURRENT ASSETS 50,104 63,543
TOTAL ASSETS LESS CURRENT LIABILITIES 79,454 102,620

CREDITORS
Amounts falling due after more than one
year

8

-

(24,533

)

PROVISIONS FOR LIABILITIES 9 (7,338 ) (7,097 )
NET ASSETS 72,116 70,990

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 72,115 70,989
SHAREHOLDERS' FUNDS 72,116 70,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

STATEMENT OF FINANCIAL POSITION - continued
30 September 2024


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 6 May 2025 and were signed on its behalf by:





C Brackley - Director


AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Agile Engineering Consultancy 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 2,889 40,833 24,093 67,815
DEPRECIATION
At 1 October 2023 2,033 10,208 16,497 28,738
Charge for year 171 7,657 1,899 9,727
At 30 September 2024 2,204 17,865 18,396 38,465
NET BOOK VALUE
At 30 September 2024 685 22,968 5,697 29,350
At 30 September 2023 856 30,625 7,596 39,077

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 40,833
Reclassification/transfer (40,833 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 10,208
Charge for year 7,657
Reclassification/transfer (17,865 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 30,625

5. STOCKS
2024 2023
£    £   
Work-in-progress 4,000 4,000

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,486 35,217
Prepayments 3,532 3,967
46,018 39,184

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 6,400
Trade creditors 1,277 958
Corporation tax 20,638 4,106
Social security and other taxes 52 365
VAT 12,015 11,975
Directors' loan accounts 39,897 22,897
Accruals and deferred income 1,725 1,600
75,604 48,301

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 24,533

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 7,338 7,097

Deferred
tax
£   
Balance at 1 October 2023 7,097
Provided during year 241
Balance at 30 September 2024 7,338

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £.01 1 1

AGILE ENGINEERING CONSULTANCY LTD (REGISTERED NUMBER: 10959458)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


11. RESERVES
Retained
earnings
£   

At 1 October 2023 70,989
Profit for the year 61,126
Dividends (60,000 )
At 30 September 2024 72,115

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2023 - £38,000) were paid to the directors .

At the balance sheet date, the Directors were owed £39,896.75 (2023 : £22,896.75).There are no terms relating to this loan and it is repayable upon demand.

13. ULTIMATE CONTROLLING PARTY

The directors control the company equally.