ALGETI LIMITED
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
93,632
93,671
Creditors: amounts falling due within one year
1,702
(442)
Net current assets
91,422
114,600
Total assets less current liabilities
99,012
114,600
Creditors: amounts falling due after more than one year
(30,609)
(23,405)
Called up share capital
1
1
Profit and loss account
68,402
91,194
Shareholders' funds
68,403
91,195
For the year ending 31 October 2025 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 10 July 2026 and were signed on its behalf by
KUTCHAIDZE, Gocha
Director
Company Registration No. 11644924
ALGETI LIMITED
Notes to the Accounts
for the year ended 31 October 2025
ALGETI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11644924. The registered office is 11 ELEANOR ROAD, LONDON, N11 2QS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
Depreciation at 10% for six months
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
(5,946)
21,371
ALGETI LIMITED
Notes to the Accounts
for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(1,702)
442
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,204
-
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).