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Company Registration No. 07246421 (England and Wales)
AEGUANA LTD Unaudited accounts for the period from 1 April 2024 to 31 December 2024
AEGUANA LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AEGUANA LTD Company Information for the period from 1 April 2024 to 31 December 2024
Directors
Jason Vicente Charalambos Palas Johannes Lermann
Company Number
07246421 (England and Wales)
Registered Office
Unit 35, IO Centre Armstrong Road London SE18 6RS
Accountants
AW Accountancy & Bookkeeping Kingfisher House 21-23 Elmfield Road Bromley BR1 1LT
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AEGUANA LTD Statement of financial position as at 31 December 2024
31/12/2024
31/03/2024
Notes
£
£
Fixed assets
Tangible assets
4
593,033
616,358
Current assets
Inventories
303,731
387,619
Debtors
5
2,151,565
1,674,490
Cash at bank and in hand
61,036
293,323
2,516,332
2,355,432
Creditors: amounts falling due within one year
6
(1,019,668)
(1,654,045)
Net current assets
1,496,664
701,387
Total assets less current liabilities
2,089,697
1,317,745
Creditors: amounts falling due after more than one year
7
(5,037,322)
(1,870,468)
Net liabilities
(2,947,625)
(552,723)
Capital and reserves
Called up share capital
8
92
92
Profit and loss account
(2,947,717)
(552,815)
Shareholders' funds
(2,947,625)
(552,723)
For the period 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 10 October 2025 and were signed on its behalf by
Johannes Lermann Director Company Registration No. 07246421
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AEGUANA LTD Notes to the Accounts for the period from 1 April 2024 to 31 December 2024
1
Statutory information
AEGUANA LTD is a private company, limited by shares, registered in England and Wales, registration number 07246421. The registered office is Unit 35, IO Centre, Armstrong Road, London, SE18 6RS.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised in stages to ensure gross margins are commensurate throughout the production process. 50% of turnover is recognised upon goods starting manufacture with the remaining 50% recognised when manufacturing has been completed. Risks and rewards of ownership are only transferred to Customers upon delivery. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Inventories
Inventories have been valued at the higher of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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AEGUANA LTD Notes to the Accounts for the period from 1 April 2024 to 31 December 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
14,836
481,920
148,395
645,151
Additions
1,333
467
25,362
27,162
At 31 December 2024
16,169
482,387
173,757
672,313
Depreciation
At 1 April 2024
3,252
3,265
22,276
28,793
Charge for the period
3,585
9,038
37,864
50,487
At 31 December 2024
6,837
12,303
60,140
79,280
Net book value
At 31 December 2024
9,332
470,084
113,617
593,033
At 31 March 2024
11,584
478,655
126,119
616,358
5
Debtors
31/12/2024
31/03/2024
£
£
Amounts falling due within one year
Trade debtors
439,564
456,315
Amounts due from group undertakings etc.
973,060
973,060
Accrued income and prepayments
628,160
134,334
Other debtors
110,781
110,781
2,151,565
1,674,490
6
Creditors: amounts falling due within one year
31/12/2024
31/03/2024
£
£
Bank loans and overdrafts
17,566
39,505
VAT
(14,789)
(198,211)
Trade creditors
777,281
1,289,045
Taxes and social security
143,922
(54,217)
Other creditors
85,928
14,040
Accruals
5,500
3,000
Deferred income
4,260
560,883
1,019,668
1,654,045
7
Creditors: amounts falling due after more than one year
31/12/2024
31/03/2024
£
£
Bank loans
-
6,250
Other creditors
5,037,322
1,864,218
5,037,322
1,870,468
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AEGUANA LTD Notes to the Accounts for the period from 1 April 2024 to 31 December 2024
8
Share capital
31/12/2024
31/03/2024
£
£
Allotted, called up and fully paid:
92 Ordinary shares of £1 each
92
92
9
Transactions with related parties
All related party transactions during the and prior period, including key management personnel compensation, were made under normal market conditions. As at 31/12/24 £1,400,000 owed to Boostbar from Aeguana was subordinated. This is part of the amount under other creditors 'amounts falling due after more than one year'.
10
Controlling party
The company is a wholly owned subsidiary of Pagoda Group Limited, a company incorporated in England and Wales. The ultimate controlling party of Pagoda Group Limited.
11
Average number of employees
During the period the average number of employees was 27 (31/03/2024: 27).
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