ARGON SUPPLY CHAIN SOLUTIONS LIMITED


Directors	MOCARSKI, Ted
	WEBB, David Wilmot


Registered Address	Suite 9 30 Bancroft
	Hitchin
	SG5 1LE


Registered Number	10930480 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		32,251		24,024
			32,251		24,024
Current assets
Debtors	4	1,244,262		1,333,022
Cash at bank and on hand		912,555		47,531
		2,156,817		1,380,553
Creditors amounts falling due within one year	5	(1,248,145)		(1,401,799)
Net current assets (liabilities)			908,672		(21,246)
Total assets less current liabilities			940,923		2,778
Net assets			940,923		2,778
Capital and reserves
Profit and loss account			940,923		2,778
Shareholders' funds			940,923		2,778

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 September 2025, and are signed on its behalf by:

WEBB, David Wilmot
Director
Registered Company No. 10930480

ARGON SUPPLY CHAIN SOLUTIONS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	47,930	47,930
Additions	22,725	22,725
Disposals	(12,251)	(12,251)
At 31 December 24	58,404	58,404
Depreciation and impairment
At 01 January 24	23,906	23,906
Charge for year	11,331	11,331
On disposals	(9,084)	(9,084)
At 31 December 24	26,153	26,153
Net book value
At 31 December 24	32,251	32,251
At 31 December 23	24,024	24,024

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	1,170,515	1,324,757
Other debtors	71,353	1,268
Prepayments and accrued income	2,394	6,997
Total	1,244,262	1,333,022

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	169,899	142,522
Amounts owed to related parties	662,007	194,167
Taxation and social security	409,236	339,485
Other creditors	20	725,625
Accrued liabilities and deferred income	6,983	-
Total	1,248,145	1,401,799