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Company Registration No. 13513976 (England and Wales)
AGF Groundworks Limited Unaudited accounts for the year ended 31 March 2026
AGF Groundworks Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AGF Groundworks Limited Company Information for the year ended 31 March 2026
Director
Ross Davidson
Company Number
13513976 (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
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AGF Groundworks Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
66,055
80,122
Current assets
Debtors
5
1,532
5,943
Cash at bank and in hand
2,229
5,551
3,761
11,494
Creditors: amounts falling due within one year
6
(116,289)
(116,055)
Net current liabilities
(112,528)
(104,561)
Total assets less current liabilities
(46,473)
(24,439)
Creditors: amounts falling due after more than one year
7
(8,917)
(10,940)
Net liabilities
(55,390)
(35,379)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(55,391)
(35,380)
Shareholders' funds
(55,390)
(35,379)
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 director acknowledges his 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 and authorised for issue on 2 July 2026 and were signed on its behalf by
Ross Davidson Director Company Registration No. 13513976
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AGF Groundworks Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
AGF Groundworks Limited is a private company, limited by shares, registered in England and Wales, registration number 13513976. 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.
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.
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
Straight Line 20%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2025
135,969
Additions
15,619
At 31 March 2026
151,588
Depreciation
At 1 April 2025
55,847
Charge for the year
29,686
At 31 March 2026
85,533
Net book value
At 31 March 2026
66,055
At 31 March 2025
80,122
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AGF Groundworks Limited Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
188
2,322
Trade debtors
540
2,864
Accrued income and prepayments
804
757
1,532
5,943
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
9,271
4,727
Amounts owed to group undertakings and other participating interests
27,871
15,360
Loans from directors
78,427
95,248
Accruals
720
720
116,289
116,055
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
8,917
10,940
8
Transactions with related parties
As at the Year End, AGF Groundworks Limited owed a balance of £27,871 to AGF Cottages Ltd Related party connection exists due to Mr Davidson having significant control over both companies.
9
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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