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Registered number:
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
COMPANY INFORMATION
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AGILE SOLUTIONS (GB) LTD
CONTENTS
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AGILE SOLUTIONS (GB) LTD
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors present their strategic report for the company for the year ended 31 March 2025.
The principal activities of the company are the development, implementation and servicing of Cloud, Data & Analytics solutions employing modern software tooling, techniques and methodologies. Agile Solutions capabilities and software partnerships allow our people to deliver high quality solutions that help our customers Modernise, Manage and Monetise their data assets.
Agile Solutions (GB) Ltd enjoyed a year of change and improved efficiency in 2024/25, while retaining a continued focus on supporting our customers in Modernising, Managing and Monetising their data assets. Agile design, develop, implement and service Cloud, Data & Analytics solutions, employing techniques and methodologies and leveraging our software partnerships to solve our clients' data challenges. We also invest sizeable funds to develop services that help the market meet ongoing change required for meeting structural, regulatory or digital transformation drivers.
Revenue overall increased by 9% over the year to £15.7m (2024: £14.4m) but decreased in the second half of the year, partly as a result of subdued market conditions and business sentiment following the Autumn Budget 2024 released in October.
Gross profit was in turn affected and decreased by 15% to £2.96m, with operating profit reduced to £386k (2024: £1,206k). Short-term reductions were also forecasted as a result of rebalancing the Consulting division and through recruitment of a stronger Senior Leadership Team, with investment across all divisions in management, infrastructure and delivery capability needed to grow the business. In the period, Agile released its first 5-year strategy, ensuring clarity of vision and a focus on winning new clients and increasing market share in the longer-term. As a result, the business gained 9 new clients over the period, with 5 of those being in the Tier 1 strategic account bracket. This achievement exceeded net new client growth over any of the prior four prior financial years. The business maintained a strong balance sheet and healthy liquidity position, with cash at 31 March 2025 of £481k (2024: £887k). As with prior years, Agile Solutions (GB) Ltd continued to prioritise innovation, talent development and operational efficiency, positioning the company to capitalise on future market opportunities and deliver sustainable profitability.
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AGILE SOLUTIONS (GB) LTD
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Agile Solutions (GB) Ltd will continue to deliver data services that make a positive impact on customer revenue, whilst improving efficiency, cost reductions and risk mitigation across a number of industry sectors. The continued drive to modernise, deploy software solutions in the cloud and deliver on the potential of integrating AI within business models means that many of our customers need the types of skills, solutions and certified experience which we provide. However, we are seeing signs of increased client investment in internal capability as the need for data knowledge becomes ubiquitous and the AI race continues to accelerate. This is also set against a backdrop of the current economic conditions which represent a challenge for all.
As an organisation built to deliver greater value at a faster pace for our customers than our key competitors, Agile Solutions (GB) Ltd believe we are uniquely placed to continue to help them through these difficult times. In addition, we continue to diversify our customer base to offset any risks that may arise from a reduction in individual client spend. While the accelerated deployment of key technologies including Al presents some challenges to internal enablement, the company is well positioned to continue to take advantage of these opportunities by proactively seeking technology direction and guidance from the leading analyst, Gartner to ensure it is aligned with the market from skills and emerging technologies perspectives.
Dividends of £500,000 were declared and paid during the year (2024: £949,400).
The directors remain confident in the long-term prospects for the company. The continued activity in the Cloud, Data and Analytics markets ensures that the company is well positioned to continue its long-term growth and market share. Based on our business modelling, the directors are confident that the company remains well placed with continuing and new clients and are confident that the company remains going concern.
This report was approved by the board on 5 December 2025 and signed on its behalf.
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AGILE SOLUTIONS (GB) LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors present their report and the financial statements for the year ended 31 March 2025.
The directors who served during the year were:
The Company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report
and Directors' Report) Regulations 2013 to set out in the company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £228,741 (2024 - £967,801).
Particulars of recommended dividends are detailed in note 16 to the financial statements.
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AGILE SOLUTIONS (GB) LTD
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The auditors, AAB Audit & Accountancy Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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AGILE SOLUTIONS (GB) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AGILE SOLUTIONS (GB) LTD
We have audited the financial statements of Agile Solutions (GB) Ltd (the 'Company') for the year ended 31 March 2025, which comprise the Statement of Income and Retained Earnings, the Statement of Financial Position, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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AGILE SOLUTIONS (GB) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AGILE SOLUTIONS (GB) LTD (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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AGILE SOLUTIONS (GB) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AGILE SOLUTIONS (GB) LTD (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks within which the company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, UK Taxation legislation and Employment Law. We identified the greatest risk of material impact on the financial statements from irregularities including fraud to be:
∙Management override of controls through the posting of unusual journals
∙Timing of revenue recognition
∙Management judgement applied in calculating provisions
∙Compliance with relevant laws and regulations which directly impact the financial statements and those that the company needs to comply with for the purpose of trading
Our audit procedures to respond to these risks included:
∙Testing of journal entries and other adjustments for appropriateness
∙Timing of revenue recognition
∙Testing a sample of sales through the system from source point to the nominal ledger posting
∙Evaluating the business rationale of significant transactions outside the normal course of business
∙Reviewing judgements made by management in their calculation of accounting estimates for potential management bias
∙Enquiries of management about litigation and claims and inspection of relevant correspondence
∙Reviewing legal and professional fees to identify indications of actual or potential litigation, claims and any non-compliance with laws and regulations
∙Analytical procedures to identify any unusual or unexpected trends or relationship
∙Reviewing minutes of meetings of those charged with governance to identify any matters indicating actual or potential fraud
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
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AGILE SOLUTIONS (GB) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AGILE SOLUTIONS (GB) LTD (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Statutory Auditor
Gresham House
5-7 St Pauls Street
LS1 2JG
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AGILE SOLUTIONS (GB) LTD
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
REGISTERED NUMBER: 08997297
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 13 to 25 form part of these financial statements.
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AGILE SOLUTIONS (GB) LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
ANALYSIS OF NET DEBT
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Agile Solutions (GB) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08997297. The registered office is 454 Exchange House Midsummer Boulevard, Milton Keynes, MK9 2EA
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors remain confident in the long-term prospects for the company. The continued activity in the Cloud, Data and Analytics markets ensures that the company is well positioned to continue its long-term growth and market share. Based on our business modelling, the directors are confident that the company remains well placed with continuing and new clients and are confident that the company remains going concern.
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are not considered to be any estimates or assumptions which have a heightened risk of causing a material adjustment to the carrying amount of assets and liabilities within these financial statements.
Analysis of turnover by country of destination:
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11.Taxation (continued)
There are no factors that may affect future tax charges.
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18.Share capital (continued)
Profit and loss account
The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund.
During the year the charge to profit or loss in respect of defined contribution schemes was £342,089 (2024: £305,351). At the balance sheet date, contributions of £69,285 (2024: £6,068) were due to the fund.
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AGILE SOLUTIONS (GB) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
RBS Invoice Finance Limited hold fixed and floating charges over all present and future interests of the company.
During the year, the Company advanced £40,000 (2024: £58,000) to Directors of the Company and the Directors repaid £nil (2024: £244,900) in the year. The balance owing at the year end from the Directors which is included in other debtors is £40,225 (2024: £nil). The amount owing includes interest of £225.
The loans to the Directors are unsecured and repayable on demand.
During this year and the previous year, the company was controlled by the directors.
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