REGISTERED NUMBER: 11310282 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

AERGIA PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Canavan

N R Grayling

REGISTERED OFFICE:

Charter House

161 Newhall Street

Birmingham

West Midlands

B3 1SW

REGISTERED NUMBER:

11310282 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

3

3,377

1,789

Investment property

4

440,000

440,000

443,377

441,789

CURRENT ASSETS

Cash at bank

27,121

19,311

CREDITORS

Amounts falling due within one year

5

294,296

293,125

NET CURRENT LIABILITIES

(267,175

)

(273,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

176,202

167,975

CREDITORS

Amounts falling due after more than one year

6

(101,028

)

(101,028

)

PROVISIONS FOR LIABILITIES

(17,617

)

(17,229

)

NET ASSETS

57,557

49,718

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

57,457

49,618

57,557

49,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

G Canavan - Director

1.	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 as modified by the revaluation of certain assets.

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

-

20% on cost

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2025

3,989

878

4,867

Additions

1,488

730

2,218

At 30 April 2026

5,477

1,608

7,085

DEPRECIATION

At 1 May 2025

2,529

549

3,078

Charge for year

441

189

630

At 30 April 2026

2,970

738

3,708

NET BOOK VALUE

At 30 April 2026

2,507

870

3,377

At 30 April 2025

1,460

329

1,789

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

440,000

NET BOOK VALUE

At 30 April 2026

440,000

At 30 April 2025

440,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2023

67,128

Cost

372,872

440,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

372,872

372,872

Investment property was valued on an open market basis on 30 April 2024 by the Directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

77

-

Other creditors

294,219

293,125

294,296

293,125

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

101,028

101,028

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

7,360

3,716

Between one and five years

19,012

-

26,372

3,716

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

101,028

101,028

The mortgage loan is secured by a fixed charge over property in favour of Paragon Bank plc dated 22 February 2022.