REGISTERED NUMBER: 13278686 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

AG Sunderland Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Girish Kumar Grover

REGISTERED OFFICE:

Ag Hotels Group

The Crown London Hotel

142-152 Cricklewood Broadway

London

NW2 3ED

REGISTERED NUMBER:

13278686 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Tangible assets

4

1,536,590

1,411,546

CURRENT ASSETS

Debtors

5

1,041,851

1,014,462

Cash at bank and in hand

134,330

53,152

1,176,181

1,067,614

CREDITORS

Amounts falling due within one year

6

(599,998

)

(293,991

)

NET CURRENT ASSETS

576,183

773,623

TOTAL ASSETS LESS CURRENT LIABILITIES

2,112,773

2,185,169

CREDITORS

Amounts falling due after more than one year

7

(199,766

)

(181,605

)

NET ASSETS

1,913,007

2,003,564

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,912,907

2,003,464

SHAREHOLDERS' FUNDS

1,913,007

2,003,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 July 2026 and were signed by:

Mr Girish Kumar Grover - Director

1.	STATUTORY INFORMATION

AG Sunderland Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life.

Fixtures and fittings - 25% on reducing balance

Computer equipment - 25% on reducing balance

Land and building - 1% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Audit exemption

The company is entitled to exemption from audit under Section 479A of the Companies Act

2006 relating to subsidiary companies for the year ended 31/07/2025.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

1,368,446

106,501

1,474,947

Additions

68,148

90,018

158,166

At 31 July 2025

1,436,594

196,519

1,633,113

DEPRECIATION

At 1 August 2024

34,155

29,246

63,401

Charge for year

14,029

19,093

33,122

At 31 July 2025

48,184

48,339

96,523

NET BOOK VALUE

At 31 July 2025

1,388,410

148,180

1,536,590

At 31 July 2024

1,334,291

77,255

1,411,546

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

10,787

6,661

Amounts owed by group undertakings

895,433

899,717

Other debtors

135,631

108,084

1,041,851

1,014,462

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

31,879

20,559

Amounts owed to group undertakings

430,683

109,191

Taxation and social security

99,208

157,601

Other creditors

38,228

6,640

599,998

293,991

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other creditors

199,766

181,605

8.	RELATED PARTY DISCLOSURES

AG Propinvest Ltd

As of 31 July 2025, the company owed £1,207.17 (2024 - £561.30) to AG Propinvest Ltd. Mr Girish Grover is a director of AG Propinvest Ltd. The loan is interest free and is repayable on demand.

Turnit Ltd

As of 31 July 2025, the company owed £14,400 (2024 - £2,400) to Turnit Ltd. Mr Girish Grover is a director of Turnit Ltd. The loan is interest free and is repayable on demand.

AG Force Ltd

As of 31 July 2025, the company owed 204.71 (2024 - Nil) to AG Force Ltd. Mr Girish Grover is a director of Ag Force Ltd. The loan is interest free and is repayable on demand.

AG Hospitality Services Ltd

As of 31 July 2025, due £90,813.56 (2024 - £94,770.14) from AG Hospitality Services Ltd. Mr Girish Grover is a director of AG Hospitality Services Ltd. The loan is interest free and is repayable on demand.

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.