A.G.Z. Properties Limited

	Page
Company Information	1
Accountant's Report	2
Abridged Statement of Financial Position	3—4
Notes to the Abridged Financial Statements	5—8

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Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

Report to the directors on the preparation of the unaudited statutory accounts of A.G.Z. Properties Limited for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A.G.Z. Properties Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of A.G.Z. Properties Limited , as a body, in accordance with our terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of A.G.Z. Properties Limited and state those matters that we have agreed to state to the directors of A.G.Z. Properties Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.G.Z. Properties Limited and its directors as a body for our work or for this report.

It is your duty to ensure that A.G.Z. Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of A.G.Z. Properties Limited . You consider that A.G.Z. Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A.G.Z. Properties Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

19th November 2025

Lee Christian & Co Limited

Chartered Certified Accountants

Suite 222 Cuffley Point

Cuffley Place, Sopers Road

Cuffley

Hertfordshire

EN6 4RY

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A.G.Z. Properties Limited

Abridged Statement of Financial Position

As At 31 March 2025

Abridged Statement of Financial Position

Registered number: 03735220

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,629		1,583
Investment Properties	5		1,885,000		1,860,000

			1,886,629		1,861,583
CURRENT ASSETS
Debtors		83		646
Cash at bank and in hand		65,722		55,102

		65,805		55,748
Creditors: Amounts Falling Due Within One Year		(434,046 )		(450,583 )

NET CURRENT ASSETS (LIABILITIES)			(368,241 )		(394,835 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,518,388		1,466,748

Creditors: Amounts Falling Due After More Than One Year			-		(8,262 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(208,157 )		(204,794 )

NET ASSETS			1,310,231		1,253,692

CAPITAL AND RESERVES
Called up share capital	6		200		200
Fair value reserve	7		886,086		864,461
Income Statement			423,945		389,031

SHAREHOLDERS' FUNDS			1,310,231		1,253,692

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A.G.Z. Properties Limited

Abridged Statement of Financial Position (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 Income Statement.

All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr P Anastasi

Director

19th November 2025

The notes on pages 5 to 8 form part of these financial statements.

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A.G.Z. Properties Limited

Notes to the Abridged Financial Statements

For The Year Ended 31 March 2025

Notes to the Abridged Financial Statements

1. General Information

A.G.Z. Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03735220 . The registered office is C/O Lee Christian & Co Limited, Suite 222 Cuffley Point, Cuffley Place, Sopers Road, Cuffley, Hertfordshire, EN6 4RY.

The presentation currency of the accounts is in Pound Sterling (£).

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

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.

2.3. Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered stated net of discounts, other sales taxes and value added tax.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% on reducing balance

The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in the profit and loss account and included in the other operating income.

2.5. Investment Properties

All investment properties are carried at fair value determined annually, determined by directors' opinion and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

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A.G.Z. Properties Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like plant, property and equipment are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

2.7. Taxation

Taxaion for the year comprises the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9. Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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A.G.Z. Properties Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.10. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense in the period in which they are incurred.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 April 2024	6,203
Additions	1,118
Disposals	(3,779 )

As at 31 March 2025	3,542

Depreciation
As at 1 April 2024	4,620
Provided during the period	543
Disposals	(3,250 )

As at 31 March 2025	1,913

Net Book Value
As at 31 March 2025	1,629

As at 1 April 2024	1,583

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	1,860,000
Revaluations	25,000

As at 31 March 2025	1,885,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	791,067	791,067

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A.G.Z. Properties Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

7. Reserves

	Fair value reserve	Income Statement
	£	£
As at 1 April 2024	864,461	389,031
Profit for the year and total comprehensive income	-	57,539

Dividends paid	-	(1,000)
Transfer from revaluation reserve	-	(21,625)
Transfer to/from Profit & Loss Account	21,625	-

As at 31 March 2025	886,086	423,945

8. Liability Limitation Agreement With The Accountant

The company has entered into a liability limitation agreement with the accountants Lee Christian & Co Limited in respect of advice given and the preparation of any financial statements. The liability agreement strictly restricts the liability of Lee Christian & Co Limited solely to A.G.Z. Properties Limited (the company) and further restricts the liability of Lee Christian & Co Limited to the company in accordance with the Lee Christian & Co Limited engagement letter and terms and conditions.

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Directors	Mrs H Anastasi
	Mr P Anastasi

Secretary	Mrs H Anastasi

Company Number	03735220

Registered Office	C/O Lee Christian & Co Limited
	Suite 222 Cuffley Point
	Cuffley Place, Sopers Road
	Cuffley, Hertfordshire
	EN6 4RY

Accountants	Lee Christian & Co Limited
	Chartered Certified Accountants
	Suite 222 Cuffley Point
	Cuffley Place, Sopers Road
	Cuffley
	Hertfordshire
	EN6 4RY