2 2 Augeyboyz Ltd 13546608 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is video production activities. Digita Accounts Production Advanced 6.30.9574.0 true 13546608 2023-09-01 2024-08-31 13546608 2024-08-31 13546608 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-08-31 13546608 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-08-31 13546608 core:CurrentFinancialInstruments 2024-08-31 13546608 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 13546608 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 13546608 core:OfficeEquipment 2024-08-31 13546608 core:PlantMachinery 2024-08-31 13546608 bus:SmallEntities 2023-09-01 2024-08-31 13546608 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13546608 bus:FilletedAccounts 2023-09-01 2024-08-31 13546608 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13546608 bus:RegisteredOffice 2023-09-01 2024-08-31 13546608 bus:Director1 2023-09-01 2024-08-31 13546608 bus:Director2 2023-09-01 2024-08-31 13546608 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13546608 bus:Agent1 2023-09-01 2024-08-31 13546608 core:OfficeEquipment 2023-09-01 2024-08-31 13546608 core:PlantMachinery 2023-09-01 2024-08-31 13546608 countries:EnglandWales 2023-09-01 2024-08-31 13546608 2023-08-31 13546608 core:OfficeEquipment 2023-08-31 13546608 core:PlantMachinery 2023-08-31 13546608 2022-09-01 2023-08-31 13546608 2023-08-31 13546608 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-08-31 13546608 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-08-31 13546608 core:CurrentFinancialInstruments 2023-08-31 13546608 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 13546608 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 13546608 core:OfficeEquipment 2023-08-31 13546608 core:PlantMachinery 2023-08-31 xbrli:pure iso4217:GBP

Registration number: 13546608

Augeyboyz Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Augeyboyz Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Augeyboyz Ltd

Company Information

Directors

CJ Auge-De-Rancourt

MA Auge-De-Rancourt

Registered office

5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

Accountants

Mansell & Co
Chartered Certified Accountants5 Ducketts Wharf
South Street
Bishop Stortford
Hertfordshire
CM23 3AR

 

Augeyboyz Ltd

(Registration number: 13546608)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

42,228

53,743

Current assets

 

Debtors

5

10,460

27,641

Cash at bank and in hand

 

11,991

5,586

 

22,451

33,227

Creditors: Amounts falling due within one year

6

(13,794)

(27,800)

Net current assets

 

8,657

5,427

Total assets less current liabilities

 

50,885

59,170

Creditors: Amounts falling due after more than one year

6

(50,555)

(59,118)

Net assets

 

330

52

Capital and reserves

 

Called up share capital

2

2

Retained earnings

328

50

Shareholders' funds

 

330

52

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 May 2025 and signed on its behalf by:
 

.........................................
CJ Auge-De-Rancourt
Director

.........................................
MA Auge-De-Rancourt
Director

 
     
 

Augeyboyz Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR
England

These financial statements were authorised for issue by the Board on 29 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Augeyboyz Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

4 years straight line basis

Plant and machinery

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Augeyboyz Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Augeyboyz Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 September 2023

94,100

3,260

97,360

Additions

-

2,887

2,887

At 31 August 2024

94,100

6,147

100,247

Depreciation

At 1 September 2023

42,639

978

43,617

Charge for the year

12,865

1,537

14,402

At 31 August 2024

55,504

2,515

58,019

Carrying amount

At 31 August 2024

38,596

3,632

42,228

At 31 August 2023

51,461

2,282

53,743

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

26,559

Prepayments

-

1,082

Other debtors

10,460

-

 

10,460

27,641

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

9,130

9,130

Trade creditors

 

1,326

-

Taxation and social security

 

3,338

16,655

Accruals and deferred income

 

-

434

Other creditors

 

-

1,581

 

13,794

27,800

 

Augeyboyz Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

50,555

59,118

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Hire purchase contracts

50,555

59,118

Current loans and borrowings

2024
£

2023
£

Hire purchase contracts

9,130

9,130