AGRIS GROUP LIMITED - Filleted accounts

Registered number

09822483

AGRIS GROUP LIMITED

Filleted Accounts

31 March 2025

AGRIS GROUP LIMITED
Registered number:		09822483
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		602,474			602,474

Current assets
Debtors	4	146,208			93,500
Cash at bank and in hand		217,228			248,970
		363,436			342,470

Creditors: amounts falling due within one year	5	(16,332)			(11,050)

Net current assets			347,104			331,420

Total assets less current liabilities			949,578			933,894

Creditors: amounts falling due after more than one year	6		(363,300)			(398,300)

Provisions for liabilities			(7,936)			(7,936)


Net assets			578,342			527,658

Capital and reserves
Called up share capital			2			2
Profit and loss account			578,340			527,656

Shareholders' funds			578,342			527,658

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 members have 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 J Faldes Castro			Mr S N Vincent
Director			Director
Approved by the board on 23 December 2025

AGRIS GROUP 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 includes revenue earned from the rendering of services and rent receivable. Turnover is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% on reducing balance

	Investment property
	Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to fair value reserve.

	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	Investment property				Total
£
	Fair value
	At 1 April 2024				602,474
	Additions				-
	Revaluations				-
	Disposals				-

	At 31 March 2025				602,474

	Net book value
	At 31 March 2025				602,474

	At 31 March 2024				602,474


	The properties have been valued at the balance sheet date by the directors, who believe the carrying values to be their fair values. There has been no valuation of investment properties by an independent valuer.


4	Debtors		2025		2024
£				£

	Trade debtors		131,500		93,500
	Other debtors		14,708		-
			146,208		93,500


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

	Director's current account		1,000		-
	Corporation tax payable		13,532		9,250
	Accrued expenses		1,800		1,800
			16,332		11,050


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

	Amounts owed to related undertakings		363,300		398,300


7	Related party transactions

	Included within creditors is an amount of £363,300 (2024: £398,300) owed to Joseph Scott Limited, a related company in which Mr J Faldes and Mr S Vincent are directors.
8	Controlling party

	The company is controlled by Mr J Faldes and Mr S Vincent. Their control comes by virtue of their directorships, shareholdings and day to day running of the business.


9	Other information

	AGRIS GROUP LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	168 Deans Lane
	Edgware
	England
	HA8 9NT