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Company Registration No. 14010401 (England and Wales)
AGF Cottages Ltd Unaudited accounts for the year ended 31 March 2025
AGF Cottages Ltd Unaudited accounts Contents
Page
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AGF Cottages Ltd Company Information for the year ended 31 March 2025
Directors
Katherine Margaret Kill Ross Davidson
Company Number
14010401 (England and Wales)
Registered Office
Atherfield Green Farm Atherfield Green Ventnor PO38 2LG England
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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AGF Cottages Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,385 
8,697 
Current assets
Debtors
15,360 
23,701 
Cash at bank and in hand
25,361 
989 
40,721 
24,690 
Creditors: amounts falling due within one year
(43,993)
(31,769)
Net current liabilities
(3,272)
(7,079)
Net assets
3,113 
1,618 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,111 
1,616 
Shareholders' funds
3,113 
1,618 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by
Katherine Margaret Kill Director Company Registration No. 14010401
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AGF Cottages Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
AGF Cottages Ltd is a private company, limited by shares, registered in England and Wales, registration number 14010401. The registered office is Atherfield Green Farm, Atherfield Green, Ventnor, PO38 2LG, England.
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 remained unchanged from the previous year, and also 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.
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:
Plant & machinery
20% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
8,309 
2,600 
10,909 
At 31 March 2025
8,309 
2,600 
10,909 
Depreciation
At 1 April 2024
1,508 
704 
2,212 
Charge for the year
1,662 
650 
2,312 
At 31 March 2025
3,170 
1,354 
4,524 
Net book value
At 31 March 2025
5,139 
1,246 
6,385 
At 31 March 2024
6,801 
1,896 
8,697 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
15,360 
23,701 
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AGF Cottages Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
261 
1,795 
Taxes and social security
1,909 
528 
Loans from directors
14,800 
12,163 
Accruals
1,109 
1,008 
Deferred income
25,914 
16,275 
43,993 
31,769 
7
Transactions with related parties
As at the Year End, AGF Cottages Ltd were owed a balance of £15,360 from AGF Groundworks Limited. Related party connection exists due to Mr Davidson having significant control over both companies.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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