Agnus Ltd - Filleted accounts

Registered number

09107637

Agnus Ltd

Filleted Accounts

31 March 2026

Agnus Ltd
Registered number:		09107637
Balance Sheet
as at 31 March 2026

Notes			2026
£
Fixed assets
Intangible assets	4		-
Tangible assets	3		210,044
Investments	6		-
			210,044

Current assets
Stocks		232,725
Debtors	4	124,495
Investments held as current assets	8	-
Cash at bank and in hand		628,164
		985,384

Creditors: amounts falling due within one year	5	(234,741)

Net current assets			750,643

Total assets less current liabilities			960,687

Creditors: amounts falling due after more than one year	10		-

Provisions for liabilities			-


Net assets			960,687

Capital and reserves
Called up share capital			100
Share premium			-
Revaluation reserve	12		-
Profit and loss account			960,587

Shareholders' funds			960,687

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Edwin Gruszecki
Director
Approved by the board on 15 July 2026

Agnus Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 6.7 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026
Number

	Average number of persons employed by the company					4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	217,304		44,896		-		262,200
	Additions	84,903		5,760		-		90,663
	Surplus on revaluation	-		-		-		-
	Disposals	(19,627)		(30,148)		-		(49,775)
	At 31 March 2026	282,580		20,508		-		303,088

	Depreciation
	At 1 April 2025	72,329		36,964		-		109,293
	Charge for the year	29,652		3,874		-		33,526
	Surplus on revaluation	-		-		-		-
	On disposals	(19,627)		(30,148)		-		(49,775)
	At 31 March 2026	82,354		10,690		-		93,044

	Net book value
	At 31 March 2026	200,226		9,818		-		210,044
	At 31 March 2025	144,975		7,932		-		152,907


4	Debtors					2026
£

	Trade debtors					121,509
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-
	Deferred tax asset					-
	Other debtors					2,986
						124,495

	Amounts due after more than one year included above					-


5	Creditors: amounts falling due within one year					2026
£

	Non-equity preference shares					-
	Bank loans and overdrafts					6,667
	Obligations under finance lease and hire purchase contracts					-
	Trade creditors					21,391
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-
	Taxation and social security costs					186,248
	Other creditors					20,435
						234,741



6	Other information

	Agnus Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Linley Lodge
	Westgate
	Walsall

	WS9 8EX