REGISTERED NUMBER: 12173160 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Agilite Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N R Coales

K R Cannon

REGISTERED OFFICE:

Third Floor

16 Bowling Green Lane

London

EC1R 0BD

REGISTERED NUMBER:

12173160 (England and Wales)

AUDITORS:

Butt Miller

Chartered Accountants and Statutory Auditor

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

17,289

18,865

CURRENT ASSETS

Debtors

5

1,596,672

1,470,043

Cash at bank

489,968

1,197,488

2,086,640

2,667,531

CREDITORS

Amounts falling due within one year

6

(2,943,223

)

(2,905,269

)

NET CURRENT LIABILITIES

(856,583

)

(237,738

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(839,294

)

(218,873

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(839,295

)

(218,874

)

(839,294

)

(218,873

)

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

K R Cannon - Director

1.	STATUTORY INFORMATION

Agilite Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in Pounds Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Amounts recognised as turnover relating to work on long-term contracts are billed periodically, usually monthly, as the work progresses. Amounts relating to work completed but not yet invoiced at the year-end are shown as accrued income within debtors.

Where amounts are retained by the customer in respect of work completed, under the terms of the contract, these are shown within other debtors.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements

Over the lease term

Fixtures and fittings

20% Reducing Balance Method

Computers

33.33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Where amounts are retained by the company in respect of work being completed, under the terms of the contract, these are shown within other creditors.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight-line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have a reasonable expectation the company will continue to have adequate resources to fund its working capital for the foreseeable future.

As a result of their review, the directors have taken appropriate measures to enable them to have a reasonable expectation that the company will have sufficient working capital for a period of at least 12 months from the date these financial statements have been approved.

On the basis of the above, the directors are of the opinion that it is appropriate to prepare these financial statements on a going concern basis.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

16,041

10,438

26,479

Additions

-

4,069

4,069

At 31 December 2025

16,041

14,507

30,548

DEPRECIATION

At 1 January 2025

2,643

4,971

7,614

Charge for year

3,231

2,414

5,645

At 31 December 2025

5,874

7,385

13,259

NET BOOK VALUE

At 31 December 2025

10,167

7,122

17,289

At 31 December 2024

13,398

5,467

18,865

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

771,166

897,454

Amounts owed by group undertakings

471,666

-

Other debtors

203,116

361,128

Tax

44,714

63,778

Prepayments

106,010

147,683

1,596,672

1,470,043

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

530,591

592,071

Amounts owed to group undertakings

2,007,720

1,313,548

Social security and other taxes

2,546

-

VAT

186,838

302,061

Other creditors

150,377

203,963

Directors' current accounts

554

554

Accruals and deferred income

64,597

493,072

2,943,223

2,905,269

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

102,360

102,360

Between one and five years

170,600

272,960

272,960

375,320

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Susan Ambrose FCCA FCA (Senior Statutory Auditor)

for and on behalf of Butt Miller

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

K R Cannon

Balance outstanding at start of year

(434

)

(434

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(434

)

(434

)

N R Coales

Balance outstanding at start of year

(120

)

(120

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(120

)

(120

)

The amounts above are unsecured, interest-free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	PARENT PREPARING CONSOLIDATED ACCOUNTS

The parent of the smallest group for which consolidated accounts are prepared which include the company's figures is Agilite SAS, a company registered in France. Copies of its accounts are available from its registered office at 3 Rue La Boetie, 75008 Paris.

The parent of the largest group for which consolidated accounts are prepared which include the company's figures is Parella Strategy SAS, a company registered in France. Copies of its accounts are available from its registered office at 105 Rue du Faubourg Saint-Honore, 75008 Paris.