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Company Registration No. 15488727 (England and Wales)
Ag Talent Ltd Unaudited accounts for the year ended 28 February 2025
Ag Talent Ltd Unaudited accounts Contents
Page
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Ag Talent Ltd Company Information for the year ended 28 February 2025
Director
Arjun Paul Singh Gillard
Company Number
15488727 (England and Wales)
Accountants
IAB Accountants Limited 200 Selbourne Road Luton Bedfordshire LU4 8LT
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Ag Talent Ltd for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ag Talent Ltd for the year ended 28 February 2025 as set out on pages 5 - 7 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Ag Talent Ltd, as a body, in accordance with the terms of our engagement letter dated 15 March 2024. Our work has been undertaken solely to prepare for your approval the accounts of Ag Talent Ltd and state those matters that we have agreed to state to the Board of Directors of Ag Talent Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ag Talent Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ag Talent Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ag Talent Ltd. You consider that Ag Talent 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 accounts of Ag Talent 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 accounts.
IAB Accountants Limited Chartered Certified Accountants 200 Selbourne Road Luton Bedfordshire LU4 8LT 23 April 2025
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Ag Talent Ltd Statement of financial position as at 28 February 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
2,874 
Current assets
Debtors
80 
Cash at bank and in hand
62,151 
62,231 
Creditors: amounts falling due within one year
(7,010)
Net current assets
55,221 
Net assets
58,095 
Capital and reserves
Called up share capital
100 
Share premium
49,980 
Profit and loss account
8,015 
Shareholders' funds
58,095 
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 23 April 2025 and were signed on its behalf by
Arjun Paul Singh Gillard Director Company Registration No. 15488727
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Ag Talent Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Ag Talent Ltd is a private company, limited by shares, registered in England and Wales, registration number 15488727.
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 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.
Presentation currency
The accounts are presented in £ sterling.
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 when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
33.33% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Ag Talent Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
- 
Additions
4,310 
At 28 February 2025
4,310 
Depreciation
Charge for the year
1,436 
At 28 February 2025
1,436 
Net book value
At 28 February 2025
2,874 
5
Debtors
2025 
£ 
Amounts falling due within one year
Other debtors
80 
6
Creditors: amounts falling due within one year
2025 
£ 
VAT
3,532 
Taxes and social security
2,574 
Other creditors
904 
7,010 
7
Share capital
2025 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
8
Controlling party
The ultimate controlling party is Arjun Paul Singh Gillard.
9
Average number of employees
During the year the average number of employees was 1.
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