REGISTERED NUMBER: 04658959 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Agripix Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr C S Sainsbury-Plaice

REGISTERED OFFICE:

Rosehall Farm

Exhall

Alcester

Warwickshire

B49 6EB

REGISTERED NUMBER:

04658959 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,618

9,630

13,618

9,630

CURRENT ASSETS

Stocks

14,750

23,000

Debtors

6

17,785

33,993

Cash at bank

711

562

33,246

57,555

CREDITORS

Amounts falling due within one year

7

40,657

57,854

NET CURRENT LIABILITIES

(7,411

)

(299

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,207

9,331

CREDITORS

Amounts falling due after more than one year

8

6,153

8,999

NET ASSETS

54

332

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

52

330

SHAREHOLDERS' FUNDS

54

332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2025 and were signed by:

Mr C S Sainsbury-Plaice - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

20,000

AMORTISATION

At 1 March 2024

and 28 February 2025

20,000

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

28,325

Additions

7,767

At 28 February 2025

36,092

DEPRECIATION

At 1 March 2024

18,695

Charge for year

3,779

At 28 February 2025

22,474

NET BOOK VALUE

At 28 February 2025

13,618

At 29 February 2024

9,630

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

9,253

24,649

Other debtors

8,532

9,344

17,785

33,993

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

16,853

26,007

Hire purchase contracts

-

3,010

Trade creditors

12,278

14,048

Taxation and social security

4,452

14,789

Other creditors

7,074

-

40,657

57,854

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

6,153

8,999

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C S Sainsbury-Plaice.