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Company Registration No. 09912074 (England and Wales)
AGL Properties (Dorset) Limited Unaudited accounts for the year ended 31 March 2026
AGL Properties (Dorset) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AGL Properties (Dorset) Limited Company Information for the year ended 31 March 2026
Directors
Mark Law Robert Law Andrew Law
Company Number
09912074 (England and Wales)
Registered Office
342 Poole Road Branksome Poole Dorset BH12 1AW United Kingdom
Accountants
Peats Chartered Accountants Alum House, Discovery Court 551-553 Wallisdown Road Poole BH12 5AG
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AGL Properties (Dorset) Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
4,133,185
4,114,948
Current assets
Debtors
5
3,499
2,635
Cash at bank and in hand
107,255
100,464
110,754
103,099
Creditors: amounts falling due within one year
6
(1,992,679)
(2,136,200)
Net current liabilities
(1,881,925)
(2,033,101)
Total assets less current liabilities
2,251,260
2,081,847
Provisions for liabilities
Deferred tax
(170,408)
(170,408)
Net assets
2,080,852
1,911,439
Capital and reserves
Called up share capital
3,000
3,000
Revaluation reserve
681,633
681,633
Profit and loss account
1,396,219
1,226,806
Shareholders' funds
2,080,852
1,911,439
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 10 June 2026 and were signed on its behalf by
Mark Law Director Company Registration No. 09912074
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AGL Properties (Dorset) Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
AGL Properties (Dorset) Limited is a private company, limited by shares, registered in England and Wales, registration number 09912074. The registered office is 342 Poole Road, Branksome, Poole, Dorset, BH12 1AW, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the rents and management charges receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the corporation tax rate in force at the balance sheet date.
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
25% reducing balance
Computer equipment
25% reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AGL Properties (Dorset) Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
4,109,695
20,250
8,627
4,138,572
Additions
18,100
1,933
-
20,033
At 31 March 2026
4,127,795
22,183
8,627
4,158,605
Depreciation
At 1 April 2025
-
16,739
6,885
23,624
Charge for the year
-
1,361
435
1,796
At 31 March 2026
-
18,100
7,320
25,420
Net book value
At 31 March 2026
4,127,795
4,083
1,307
4,133,185
At 31 March 2025
4,109,695
3,511
1,742
4,114,948
The properties were revalued at the balance sheet date by one of the directors who is a chartered surveyor.
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
3,499
2,635
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
2,395
1,435
Taxes and social security
56,349
52,182
Proposed dividends
1,500
-
Other creditors
1,730
-
Loans from directors
1,917,015
2,070,000
Accruals
1,500
1,500
Deferred income
12,190
11,083
1,992,679
2,136,200
The directors loans are interest free, repayable on demand and secured by first legal mortgage on the property of the Company.
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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