Company Registration No. 11507044 (England and Wales)
ARG BUSINESS ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 August 2025
ARG BUSINESS ASSOCIATES LIMITED
Unaudited accounts
Contents
ARG BUSINESS ASSOCIATES LIMITED
Company Information
for the year ended 31 August 2025
Directors
Mr Rajeev Nair
Mr Ashok Ramchandran
Company Number
11507044 (England and Wales)
Registered Office
28 LON Y BERLLAN
ABERGELE
LL22 7JF
WALES
ARG BUSINESS ASSOCIATES LIMITED
Statement of financial position
as at 31 August 2025
Tangible assets
273,904
275,831
Cash at bank and in hand
68,265
43,096
Creditors: amounts falling due within one year
(81,478)
(60,462)
Net current assets
87,649
67,299
Total assets less current liabilities
361,554
343,131
Creditors: amounts falling due after more than one year
(5,502)
(33,181)
Net assets
356,052
309,950
Called up share capital
120
120
Profit and loss account
355,932
309,830
Shareholders' funds
356,052
309,950
For the year ending 31 August 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 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 of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by
Mr Rajeev Nair
Director
Company Registration No. 11507044
ARG BUSINESS ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 August 2025
ARG BUSINESS ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11507044. The registered office is 28 LON Y BERLLAN, ABERGELE, LL22 7JF, WALES.
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:
Plant & machinery
Plant & machinery -20% on reducing balance method
Motor vehicles
Motor Vehicle -20% on reducing balance method
Fixtures & fittings
Furniture - 20% on reducing balance method
Computer equipment
Equipment - 20% on reducing balance method
Other tangible fixed assets
Other tangible fixed assets- 20% on reducing balance method
Intangible assets represent goodwill at cost less accumulated amortisation.
Amortisation over period of 5 years
.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The directors have assessed the company’s ability to continue as a going concern and are confident that it has adequate resources to keep operating for the foreseeable future. If needed, the directors will provide financial support to ensure the company meets its obligations. Therefore, the financial statements have been prepared on a going concern basis.
ARG BUSINESS ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 August 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
259,749
34,601
16,067
310,417
At 31 August 2025
259,749
35,463
16,818
312,030
At 1 September 2024
-
24,124
10,462
34,586
Charge for the year
-
2,268
1,272
3,540
At 31 August 2025
-
26,392
11,734
38,126
At 31 August 2025
259,749
9,071
5,084
273,904
At 31 August 2024
259,749
10,477
5,605
275,831
Amounts falling due within one year
Trade debtors
38,895
20,819
Amounts falling due after more than one year
Trade debtors
56,200
56,200
ARG BUSINESS ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
5,000
Trade creditors
2,577
2,577
Taxes and social security
43,294
24,960
Other creditors
11,723
4,401
Loans from directors
23,222
23,222
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 21 (2024: 24).