Austgo Ltd - Filleted accounts

Austgo Ltd
Registered number:		13287083
Statement of Financial Position
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,067			1,284

Current assets
Debtors	4	6,868			13,385
Cash at bank and in hand		9,264			43,856
		16,132			57,241

Creditors: amounts falling due within one year	5	(14,291)			(44,147)

Net current assets			1,841			13,094

Total assets less current liabilities			2,908			14,378


Provisions for liabilities			(203)			(244)


Net assets			2,705			14,134

Capital and reserves
Called up share capital			1			1
Profit and loss account			2,704			14,133

Shareholder's funds			2,705			14,134

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 member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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 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.




Hayley Curry
Director
Approved by the board on 24 July 2026

Austgo 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 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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 rendering of services. 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			25% reducing balance

	Debtors
	Short term debtors are measured at transaction 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. 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.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



2	Employees and directors					2026		2025
Number							Number

	Average number of directors and persons employed by the company					1		1


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 April 2025							2,281
	Additions							138
	At 31 March 2026							2,419

	Depreciation
	At 1 April 2025							997
	Charge for the year							355
	At 31 March 2026							1,352

	Net book value
	At 31 March 2026							1,067
	At 31 March 2025							1,284




4	Debtors					2026		2025
£							£

	Trade debtors					2,250		7,380
	Other debtors					4,618		6,005
						6,868		13,385


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Accruals					1,494		1,430
	Corporation tax					9,741		7,163
	Other taxes and social security costs					471		8,506
	Other creditors					2,585		27,048
						14,291		44,147


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Hayley Curry
	Repayable on demand	1,108		-		1,108		-

		1,108		-		1,108		-


7	Other information

	Austgo Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	20-22 Wenlock Road
	London
	N1 7GU