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Company Registration No. 11093638 (England and Wales)
ARGENT LABS LIMITED Unaudited accounts for the year ended 31 December 2024
ARGENT LABS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ARGENT LABS LIMITED Company Information for the year ended 31 December 2024
Directors
Itamar LESUISSE Julien Gregoire Georges Niset Kung- Yu Matthew Huang
Company Number
11093638 (England and Wales)
Registered Office
5 New Street Square LONDON EC4A 3TW UNITED KINGDOM
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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ARGENT LABS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
70,294 
13,553 
Tangible assets
5
91,867 
81,955 
Investments
6
11,145,624 
955,450 
11,307,785 
1,050,958 
Current assets
Debtors
7
135,152 
172,580 
Cash at bank and in hand
18,404,129 
20,532,787 
18,539,281 
20,705,367 
Creditors: amounts falling due within one year
8
(79,812)
(6,309)
Net current assets
18,459,469 
20,699,058 
Net assets
29,767,254 
21,750,016 
Capital and reserves
Called up share capital
8 
6 
Share premium
37,887,681 
37,887,681 
Profit and loss account
(8,120,435)
(16,137,671)
Shareholders' funds
29,767,254 
21,750,016 
For the year ending 31 December 2024 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 September 2025 and were signed on its behalf by
Itamar LESUISSE Director Company Registration No. 11093638
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ARGENT LABS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ARGENT LABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11093638. The registered office is 5 New Street Square, LONDON, EC4A 3TW, UNITED KINGDOM.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the company continues to adopt the going concern basis of accounting in preparing the financial statements.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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ARGENT LABS LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
30,800 
Additions
59,821 
At 31 December 2024
90,621 
Amortisation
At 1 January 2024
17,247 
Charge for the year
3,080 
At 31 December 2024
20,327 
Net book value
At 31 December 2024
70,294 
At 31 December 2023
13,553 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
713 
4,283 
153,753 
158,749 
Additions
- 
3,247 
40,941 
44,188 
At 31 December 2024
713 
7,530 
194,694 
202,937 
Depreciation
At 1 January 2024
684 
2,908 
73,202 
76,794 
Charge for the year
29 
1,236 
33,011 
34,276 
At 31 December 2024
713 
4,144 
106,213 
111,070 
Net book value
At 31 December 2024
- 
3,386 
88,481 
91,867 
At 31 December 2023
29 
1,375 
80,551 
81,955 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
955,450 
Additions
9,571,006 
Fair value adjustments
619,168 
Valuation at 31 December 2024
11,145,624 
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ARGENT LABS LIMITED Notes to the Accounts for the year ended 31 December 2024
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
27,484 
39,987 
Accrued income and prepayments
19,098 
76,337 
Other debtors
663 
56,256 
47,245 
172,580 
Amounts falling due after more than one year
Other debtors
87,907 
- 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
733 
(103)
Trade creditors
46,731 
7,251 
Taxes and social security
(22,441)
(22,441)
Other creditors
54,789 
9,102 
Accruals
- 
12,500 
79,812 
6,309 
9
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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