| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2025 |
| FOR |
| AGGELIA LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2025 |
| FOR |
| AGGELIA LIMITED |
| AGGELIA LIMITED (REGISTERED NUMBER: 11380652) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chartered Accountants' Report | 5 |
| AGGELIA LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 10 St Ann Street |
| Salisbury |
| Wiltshire |
| SP1 2DN |
| BANKERS: |
| 128 High Street |
| Slough |
| Berkshire |
| SL1 1JF |
| AGGELIA LIMITED (REGISTERED NUMBER: 11380652) |
| BALANCE SHEET |
| 31 May 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director and authorised for issue on |
| AGGELIA LIMITED (REGISTERED NUMBER: 11380652) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2025 |
| 1. | STATUTORY INFORMATION |
| Aggelia Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Computer equipment | - |
| Tangible fixed assets are stated at cost, being purchase price together with any incidental costs of acquisition, less accumulated depreciation. |
| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Debtors |
| Debtors do not carry and interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. |
| Cash and cash equivalents |
| These comprise cash at bank and other short term highly liquid deposits. |
| Creditors |
| Creditors are not interest bearing and are stated at their nominal value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| AGGELIA LIMITED (REGISTERED NUMBER: 11380652) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1 June 2024 |
| and 31 May 2025 |
| DEPRECIATION |
| At 1 June 2024 |
| and 31 May 2025 |
| NET BOOK VALUE |
| At 31 May 2025 |
| At 31 May 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| Directors' current accounts | 24,407 | - |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Accrued expenses |
| 7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to the director subsisted during the years ended 31 May 2025 and |
| 31 May 2024: |
| 2025 | 2024 |
| £ | £ |
| DIRECTOR |
| Balance outstanding at the start of the year | - | - |
| Amounts advanced | 24,407 | 51,725 |
| Amount repaid | - | (51,725 | ) |
| Balance outstanding at the end of the year | 24,407 | - |
| The loans are subject to interest at commercial rates. The balance of £24,407 was repaid with 9 months of the end of the accounting date. |
| 8. | RELATED PARTY DISCLOSURES |
| At the beginning of the year the company was owed £71,269 by a company which is controlled by Thor Johnsen, a director of Aggelia Ltd. Additional loans of £9,203 were made during the year and an amount of £34,000 was repaid to leave a balance owed to the company at 31.05.25 of £46,472. |
| This loan was repayable on demand and made on an interest free basis. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| AGGELIA LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aggelia Limited for the year ended 31 May 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Aggelia Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aggelia Limited and state those matters that we have agreed to state to the director of Aggelia Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aggelia Limited and its director for our work or for this report. |
| It is your duty to ensure that Aggelia Limited 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 loss of Aggelia Limited. You consider that Aggelia Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Aggelia Limited. 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. |
| Chartered Accountants |
| 10 St Ann Street |
| Salisbury |
| Wiltshire |
| SP1 2DN |