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REGISTERED NUMBER: 10942356 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

AGG SMART LTD

AGG SMART LTD (REGISTERED NUMBER: 10942356)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AGG SMART LTD

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTOR: Mr J A T Ellwood





SECRETARY: Mr P B Ellwood





REGISTERED OFFICE: 7 Lewis Court
Grove Park
Enderby
Leicester
LE19 1SD





REGISTERED NUMBER: 10942356 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

AGG SMART LTD (REGISTERED NUMBER: 10942356)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,445 2,892
Investments 5 1,157,378 635,366
1,158,823 638,258

CURRENT ASSETS
Debtors 6 220,516 156,125
Cash at bank 515,743 404,665
736,259 560,790
CREDITORS
Amounts falling due within one year 7 270,336 191,776
NET CURRENT ASSETS 465,923 369,014
TOTAL ASSETS LESS CURRENT LIABILITIES 1,624,746 1,007,272

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,624,646 1,007,172
1,624,746 1,007,272

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 director acknowledges his 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.

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 director and authorised for issue on 12 June 2025 and were signed by:





Mr J A T Ellwood - Director


AGG SMART LTD (REGISTERED NUMBER: 10942356)

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


1. STATUTORY INFORMATION

Agg Smart 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 as modified by the revaluation of certain assets.

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 etc - 25% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

AGG SMART LTD (REGISTERED NUMBER: 10942356)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 14,530
Disposals (8,744 )
At 30 September 2024 5,786
DEPRECIATION
At 1 October 2023 11,638
Charge for year 1,447
Eliminated on disposal (8,744 )
At 30 September 2024 4,341
NET BOOK VALUE
At 30 September 2024 1,445
At 30 September 2023 2,892

5. FIXED ASSET INVESTMENTS

Fixed asset investments

Fixed asset investments have been revalued at market value as at the year end date 30 September 2024.

Movements to fixed asset investments

Cost or Valuation £

As at 1 October 2023 635,366
Additions 396,382
Gain / (loss) during the period 125,639
As at 30 September 2024 1,157,387

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,494 -
Other debtors 214,022 156,125
220,516 156,125

AGG SMART LTD (REGISTERED NUMBER: 10942356)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 2,250
Taxation and social security 268,667 187,654
Other creditors 1,669 1,872
270,336 191,776

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr J A T Ellwood
Balance outstanding at start of year 156,125 110,673
Amounts advanced 217,268 209,016
Amounts repaid (159,371 ) (163,564 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 214,022 156,125