Agency AI Ltd Company accounts

COMPANY REGISTRATION NUMBER: SC803898

Agency AI Ltd

Unaudited Financial Statements

For the period ended

31 March 2025

Agency AI Ltd

Financial Statements

Period from 21 March 2024 to 31 March 2025

Contents	Page

Officers and professional advisers	1

Director's report	2

Report to the director on the preparation of the unaudited statutory financial statements	3

Statement of financial position	4

Statement of changes in equity	5

Notes to the financial statements	6

Agency AI Ltd

Officers and Professional Advisers

Director	M C B Modlin

Registered office	33 Kittoch Street
	East Kilbride
	G74 4JW

Accountants	Nelson Gilmour Smith
	Chartered accountants
	33 Kittoch Street
	East Kilbride
	G74 4JW

Agency AI Ltd

Director's Report

Period from 21 March 2024 to 31 March 2025

The director presents his report and the unaudited financial statements of the company for the period ended 31 March 2025 .

Director

The director who served the company during the period was as follows:

M C B Modlin	(Appointed 21 March 2024)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 10 December 2025 and signed on behalf of the board by:

M C B Modlin
Director

Registered office:

33 Kittoch Street

East Kilbride

G74 4JW

Agency AI Ltd

Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Agency AI Ltd

Period from 21 March 2024 to 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Agency AI Ltd for the period ended 31 March 2025, which comprise the statement of financial position, statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Agency AI Ltd. Our work has been undertaken solely to prepare for your approval the financial statements of Agency AI Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Agency AI Ltd and its director for our work or for this report.

It is your duty to ensure that Agency AI Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Agency AI Ltd. You consider that Agency AI Ltd is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Agency AI Ltd. 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 statutory financial statements.

Nelson Gilmour Smith Chartered accountants

33 Kittoch Street East Kilbride G74 4JW

10 December 2025

Agency AI Ltd

Statement of Financial Position

31 March 2025

	31 Mar 25
Note	£

Fixed assets

Investments	4	100

Current assets

Cash at bank and in hand	100

Creditors: amounts falling due within one year	5	100
		----
Total assets less current liabilities		100
		----

Capital and reserves

Called up share capital	100
	----
Shareholder funds	100
	----

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 December 2025 , and are signed on behalf of the board by:

M C B Modlin
Director

Company registration number: SC803898

Agency AI Ltd

Statement of Changes in Equity

Period from 21 March 2024 to 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£
Profit for the period		–	–

Issue of shares	100	–	100
	----	----	----
Total investments by and distributions to owners	100	–	100

	----	----	----
At 31 March 2025	100	–	100
	----	----	----

Agency AI Ltd

Notes to the Financial Statements

Period from 21 March 2024 to 31 March 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 33 Kittoch Street, East Kilbride, G74 4JW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments

	Shares in group undertakings
	£
Cost
At 21 March 2024	–
Additions	100
	----
At 31 March 2025	100
	----
Impairment
At 21 March 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	100
	----

5. Creditors: amounts falling due within one year

	31 Mar 25
	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	100
	----

6. Related party transactions

Control:- The company was under the control of the Directors throughout the period under review. The Director owns the entire issued share capital of the company. Transactions:- No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.