Agavil Investments Limited - Filleted accounts

Registered number

00590598

Agavil Investments Limited

Filleted Accounts

31 March 2025

Agavil Investments Limited
Registered number:		00590598
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		206,740			206,740

Current assets
Debtors	4	1,098,906			1,058,286
Cash at bank and in hand		276,734			337,477
		1,375,640			1,395,763

Creditors: amounts falling due within one year	5	(7,419)			(7,958)

Net current assets			1,368,221			1,387,805

Total assets less current liabilities			1,574,961			1,594,545

Creditors: amounts falling due after more than one year	6		-			(19,000)

Provisions for liabilities			(485)			(485)


Net assets			1,574,476			1,575,060

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,574,376			1,574,960

Shareholder's funds			1,574,476			1,575,060

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C. Leigh-Pemberton
Director
Approved by the board on 1 December 2025

Agavil Investments Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes rents receivable which fall due and lease extension premiums received during the period of these accounts.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Tangible fixed assets
				Land and buildings
£
	Fair value
	At 1 April 2024			206,740
	At 31 March 2025			206,740

	Depreciation
	At 31 March 2025			-

	Net book value
	At 31 March 2025			206,740
	At 31 March 2024			206,740


	Freehold land and buildings:	2025		2024
£			£
	Historical cost	250,777		250,777
	Cumulative depreciation based on historical cost	-		-
		250,777		250,777

	The valuations of investment properties was made at the 31 March 2002 by Messrs Allsop & Co, Chartered Surveyors, on an open market basis. No depreciation is provided in respect of these properties. This valuation took place prior to the shares in the company being acquired by SW12 Ltd.


4	Debtors	2025		2024
£			£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,069,671		1,029,285
	Other debtors	29,235		29,001
		1,098,906		1,058,286


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Corporation tax	-		481
	Other creditors	7,419		7,477
		7,419		7,958


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Other creditors	-		19,000


7	Related party transactions	2025		2024
£			£
	SW12 Limited
	SW12 Limited owns 100% of the issued share capital of Agavil Investments Limited. During the year SW12 Limited charged the company Management fees at arms length of £85,000 this amount was offset against the existing loan to SW12 Limited by the company.
	Interest free loan
	Amount due from the related party	484,524		465,138


	Haynes Estates Limited
	SW12 Limited owns 100% of the issued share capital of Haynes Estates Limited. During the year Haynes Estates Limited charged the company management fees of £Nil, at arms length.
	Interest free loan
	Amount due to the related party	(27,580)		(27,580)


	SW1B Ltd
	SW12 Limited owns 100% of the issued share capital of SW1B Ltd.
	Interest free loan
	Amount due from the related party	612,727		591,727
		1,069,671		1,029,285


	The directors are satisfied that the company is exempt from the requirement to prepare group accounts under section 399 of the Companies Act 2006 as such consolidated accounts have not been prepared.


8	Controlling party

	The ultimate controlling party throughout the period was Mr L Carr, a director and Mr C Leigh-Pemberton, a director who equally own 100% of the issued share capital of SW12 Ltd as follows: Mr L Carr, a director is also the director of SW12 Limited and owns 50% of the issued share capital of SW12 Limited. Mr C Leigh-Pemberton, a director is also a director of SW12 Limited and owns 50% of the issued share capital of SW12 Limited. Agavil Investments Limited is a 100% wholly owned subsidiary of SW12 Limited. Haynes Estates Limited is a 100% wholly owned subsidiary of SW12 Limited.

9	Other information

	Agavil Investments Limited is a private company limited by shares and incorporated in England. Its registered office is: 3 Holmer Terrace, Hereford HR4 9RH
	3 Holmer Terrace
	Holmer
	Hereford
	HR4 9RH