ACCOUNTS - Final Accounts

Registered number: 16287925

ARGO RESEARCH LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2026

ARGO RESEARCH LTD

REGISTERED NUMBER: 16287925

BALANCE SHEET

AS AT 31 MARCH 2026

		31 March 2026
Note		£


CURRENT ASSETS
Cash at bank and in hand		15,877
		15,877
Creditors: amounts falling due within one year	4	(4,654)
NET CURRENT ASSETS			11,223
TOTAL ASSETS LESS CURRENT LIABILITIES			11,223

NET ASSETS			11,223

CAPITAL AND RESERVES
Called up share capital	5	714
Share premium account		19,714
Profit and loss account		(9,205)
		11,223

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ARGO RESEARCH LTD

REGISTERED NUMBER: 16287925

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

E Reggiani

Director

Date: 5 May 2026

The notes on pages 3 to 5 form part of these financial statements.

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ARGO RESEARCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

1.	GENERAL INFORMATION

Argo Research Ltd is a private company limited by shares and incoporated on 3 March 2025 in England and Wales. Its registered office is 71-75 Shelton Street, London, WC2H 9JQ.

The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

The financial statements have been prepared on the going concern basis which assumes that the Company will continue as a going concern for the foreseeable future. The trading losses reported to date are consistent with the Company's business plan as it progresses its development activities.

Given the investment received, together with the development progress achieved, the directors have a reasonable expectation that the Company will be able to meet its liabilties as they fall due for the foreseeable future and therefore continue to adopt the going concern basis.

2.3

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

CREDITORS

Short-term 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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ARGO RESEARCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

2.ACCOUNTING POLICIES (CONTINUED)

2.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

EMPLOYEES

	The Company has no employees other than the directors, who did not receive any remuneration.

4.	CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR
		31 March 2026
		£

	Trade creditors	1,344
	Other creditors	670
	Accruals and deferred income	2,640
		4,654

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ARGO RESEARCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

5.	SHARE CAPITAL
		31 March 2026
		£

		ALLOTTED, CALLED UP AND FULLY PAID

		71,428 Ordinary shares of £0.01 each	714

On incorporation, the Company allotted 50,000 Ordinary shares of £0.01 each at par value.

On 8 May 2025, the Company issued 21,428 Ordinary shares of £0.01 each for consideration of £19,928.

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