Company Registration No. 14010401 (England and Wales)
AGF Cottages Ltd
Unaudited accounts
for the year ended 31 March 2026
AGF Cottages Ltd
Unaudited accounts
Contents
AGF Cottages Ltd
Company Information
for the year ended 31 March 2026
Directors
Katherine Margaret Kill
Ross Davidson
Company Number
14010401 (England and Wales)
Registered Office
Atherfield Green Farm
Atherfield Green
Ventnor
PO38 2LG
England
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
AGF Cottages Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
6,907
6,385
Cash at bank and in hand
12,617
25,361
Creditors: amounts falling due within one year
(45,154)
(43,993)
Net current liabilities
(4,625)
(3,272)
Called up share capital
2
2
Profit and loss account
2,280
3,111
Shareholders' funds
2,282
3,113
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by
Katherine Margaret Kill
Director
Company Registration No. 14010401
AGF Cottages Ltd
Notes to the Accounts
for the year ended 31 March 2026
AGF Cottages Ltd is a private company, limited by shares, registered in England and Wales, registration number 14010401. The registered office is Atherfield Green Farm, Atherfield Green, Ventnor, PO38 2LG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
8,309
2,600
10,909
At 31 March 2026
11,282
2,600
13,882
At 1 April 2025
3,170
1,354
4,524
Charge for the year
1,801
650
2,451
At 31 March 2026
4,971
2,004
6,975
At 31 March 2026
6,311
596
6,907
At 31 March 2025
5,139
1,246
6,385
AGF Cottages Ltd
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Amounts due from group undertakings etc.
27,871
15,360
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
1,909
Loans from directors
17,102
14,800
Deferred income
26,552
25,914
7
Transactions with related parties
As at the Year End, AGF Cottages Ltd were owed a balance of £27,871 from AGF Groundworks Limited.
The loan is unsecured, interest-free, and repayable on demand.
Related party connection exists due to Mr Davidson having control over both companies.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).