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REGISTERED NUMBER: 05655032 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

AGRI TECHNOVATION INTERNATIONAL LIMITED

AGRI TECHNOVATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 05655032)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AGRI TECHNOVATION INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr R B Clarke
Mr H J De Vries





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 05655032 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

AGRI TECHNOVATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 05655032)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes $    $    $   
FIXED ASSETS
Investments 4 256,724 52,710

CURRENT ASSETS
Debtors 5 10,186,385 10,320,540
Cash at bank 827,034 398,084
11,013,419 10,718,624
CREDITORS
Amounts falling due within one year 6 2,149,611 1,738,617
NET CURRENT ASSETS 8,863,808 8,980,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,120,532

9,032,717

CAPITAL AND RESERVES
Called up share capital 7 429 429
Share premium 8 9,166,858 9,166,858
Retained earnings 8 (46,755 ) (134,570 )
SHAREHOLDERS' FUNDS 9,120,532 9,032,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 17 June 2025 and were signed on its behalf by:





Mr H J De Vries - Director


AGRI TECHNOVATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 05655032)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Agri Technovation International Limited 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.

Preparation of consolidated financial statements
The financial statements contain information about Agri Technovation International Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. FIXED ASSET INVESTMENTS
Unlisted
investments
$   
COST
At 1 March 2024 52,710
Additions 204,014
At 28 February 2025 256,724
NET BOOK VALUE
At 28 February 2025 256,724
At 29 February 2024 52,710

5. DEBTORS
28.2.25 29.2.24
$    $   
Amounts falling due within one year:
Amounts owed by group undertakings - 418,312
Other debtors 98,304 -
98,304 418,312

AGRI TECHNOVATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 05655032)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. DEBTORS - continued
28.2.25 29.2.24
$    $   
Amounts falling due after more than one year:
Amounts owed by group undertakings 10,088,081 9,902,228

Aggregate amounts 10,186,385 10,320,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
$    $   
Other loans 1,190,006 418,312
Trade creditors - 3,959
Amounts owed to group undertakings 955,251 1,311,991
Accruals and deferred income 4,354 4,355
2,149,611 1,738,617

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: $    $   
23,985 Ordinary A shares 0.01 303 303
10,000 Ordinary B shares 0.01 126 126
429 429

Share Capital has a par value of £0.01. For the purpose of these Financial Statements the Share Capital is translated to USD at the closing rate on the financial reporting date.

8. RESERVES
Retained Share
earnings premium Totals
$    $    $   

At 1 March 2024 (134,570 ) 9,166,858 9,032,288
Profit for the year 87,815 87,815
At 28 February 2025 (46,755 ) 9,166,858 9,120,103

AGRI TECHNOVATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 05655032)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

9. RELATED PARTY DISCLOSURES

Included under current liabilities are balances owed to shareholders:
Shareholder loans balance: $941,832 (2024: $880,279).

These loans carry interest at a rate of LIBOR + 150 base points, and will be repaid in line with the stipulations in the underlying shareholder agreements.

Included under non-current assets are balances owed by related parties:
Agri Technovation related parties balance: $10,088,081 (2024: $9,902,228)

The loan to Agri Technovation Incorporated California is subordinated in favour of FFB Bank in terms of the business loan agreement with FFB Bank.


Included under current liabilities are balances owed to related parties:
Related parties balance: $13,419 (2024: $13,419).

These loans have no fixed repayment terms, carry no interest and will not be claimed for payment within the next 12 months, in line with inter-company loan agreements.

10. TAXATION

The company has no taxes to pay for the year ended 28.02.2025. It is carrying forward the losses of £124,929 (2024: £194,375) to offset against future profits.