AGP Innovation Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13213466

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		16,987		9,900

			16,987		9,900
CURRENT ASSETS
Debtors	5	2,606		540
Cash at bank and in hand		2,037		831

		4,643		1,371
Creditors: Amounts Falling Due Within One Year	6	(47,244 )		(30,466 )

NET CURRENT ASSETS (LIABILITIES)			(42,601 )		(29,095 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(25,614 )		(19,195 )

NET LIABILITIES			(25,614 )		(19,195 )

CAPITAL AND RESERVES
Called up share capital	7		120		120
Profit and Loss Account			(25,734 )		(19,315 )

SHAREHOLDERS' FUNDS			(25,614)		(19,195)

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AGP Innovation Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Thain

Director

21 August 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

AGP Innovation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13213466 . The registered office is Unit 3 Bradley Court, Castle Donington, Derbyshire, DE74 2UT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

2.4. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	11,000
Additions	8,651

As at 31 March 2025	19,651

Amortisation
As at 1 April 2024	1,100
Provided during the period	1,564

As at 31 March 2025	2,664

Net Book Value
As at 31 March 2025	16,987

As at 1 April 2024	9,900

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AGP Innovation Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	2,606	540

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	179	91
Other creditors	38,365	25,000
Accruals and deferred income	300	375
Directors' loan accounts	8,400	5,000

	47,244	30,466

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	120	120

8. Related Party Transactions

TBAT Innovation Limited

A company in which Mr S Stephens is also a director.

At the balance sheet date there was an outstanding loan balance due to TBAT Innovation Limited of £12,860 (2024: £10,000). This loan is interest free and repayable upon demand.

9. Ultimate Controlling Party

The company's ultimate controlling parties are David Holland, Andrew Robert Thain, Ian Brown and Jay Madden by virtue of their ownership of 100% of the issued share capital in the company.

10. Going concern

Total liabilities exceed total assets, however, the company is able to meet its liabilities as they fall due.

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