R.Agius (Scooters) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00574826

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		315,145		314,781

			315,145		314,781
CURRENT ASSETS
Stocks	5	23,336		37,616
Debtors	6	18,180		18,248
Cash at bank and in hand		15,600		31,732

		57,116		87,596
Creditors: Amounts Falling Due Within One Year	7	(164,616 )		(178,103 )

NET CURRENT ASSETS (LIABILITIES)			(107,500 )		(90,507 )

TOTAL ASSETS LESS CURRENT LIABILITIES			207,645		224,274

Creditors: Amounts Falling Due After More Than One Year	8		(18,245 )		(24,177 )

NET ASSETS			189,400		200,097

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	10		289,426		289,426
Profit and Loss Account			(100,126 )		(89,429 )

SHAREHOLDERS' FUNDS			189,400		200,097

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R.Agius (Scooters) Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Agius

Director

20/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

R.Agius (Scooters) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00574826 . The registered office is 363 Edgware Road, London, W2 1BS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not Depreciated
Plant & Machinery	25 % Reducing Balance
Motor Vehicles	25 % Reducing Balance
Fixtures & Fittings	25 % Reducing Balance
Computer Equipment	25 % Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	310,647	60,233	24,196	520	395,596
Additions	-	1,786	-	749	2,535

As at 30 November 2025	310,647	62,019	24,196	1,269	398,131

...CONTINUED

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R.Agius (Scooters) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Depreciation
As at 1 December 2024	2,967	59,038	18,455	355	80,815
Provided during the period	-	522	1,436	213	2,171

As at 30 November 2025	2,967	59,560	19,891	568	82,986

Net Book Value
As at 30 November 2025	307,680	2,459	4,305	701	315,145

As at 1 December 2024	307,680	1,195	5,741	165	314,781

5. Stocks

	2025	2024
	£	£
Closing stock (B/S)	23,336	37,616

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,515	13,549
Other debtors	7,665	4,699

	18,180	18,248

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	34,017	50,353
Bank loans and overdrafts	6,846	7,235
Other creditors	118,135	106,854
Taxation and social security	5,618	13,661

	164,616	178,103

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	18,245	24,177

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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R.Agius (Scooters) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

10. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 December 2024	289,426	(89,429 )
Loss for the year and total comprehensive income	-	(10,697 )

As at 30 November 2025	289,426	(100,126 )

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