REGISTERED NUMBER: 12277319 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

AGP AUTOSERVICE LTD

Page

Company Information

1

Chartered Certified Accountants' Report

2

Statement of Financial Position

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

A Phillips

REGISTERED OFFICE:

Unit 2

Croft Farm

Bredons Hardwick

Tewkesbury

Gloucestershire

GL20 7EE

REGISTERED NUMBER:

12277319 (England and Wales)

ACCOUNTANTS:

Smith Heath Limited

3 - 4 Bath Mews

Bath Parade

Cheltenham

Gloucestershire

GL53 7HL

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AGP Autoservice Ltd for the year ended 31 March 2026 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of AGP Autoservice Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AGP Autoservice Ltd and state those matters that we have agreed to state to the director of AGP Autoservice Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that AGP Autoservice Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AGP Autoservice Ltd. You consider that AGP Autoservice Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AGP Autoservice Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Smith Heath Limited

3 - 4 Bath Mews

Bath Parade

Cheltenham

Gloucestershire

GL53 7HL

Date: 17 September 2026

FIXED ASSETS

Tangible assets

4

30,613

32,260

CURRENT ASSETS

Stocks

5,300

5,300

Debtors

5

18,024

18,578

Cash at bank and in hand

18,595

17,478

41,919

41,356

CREDITORS

Amounts falling due within one year

6

46,912

51,610

NET CURRENT LIABILITIES

(4,993

)

(10,254

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,620

22,006

CREDITORS

Amounts falling due after more than one year

7

-

(7,033

)

PROVISIONS FOR LIABILITIES

(5,719

)

(5,875

)

NET ASSETS

19,901

9,098

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

19,900

9,097

19,901

9,098

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

A Phillips - Director

1.	STATUTORY INFORMATION

AGP Autoservice Ltd 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.

Short leasehold

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures, fittings and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Short

Plant and

and

Motor

leasehold

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

5,096

33,092

7,778

22,847

68,813

Additions

-

7,495

270

775

8,540

Disposals

-

-

-

(266

)

(266

)

At 31 March 2026

5,096

40,587

8,048

23,356

77,087

DEPRECIATION

At 1 April 2025

3,057

22,503

4,508

6,485

36,553

Charge for year

1,019

4,006

837

4,163

10,025

Eliminated on disposal

-

-

-

(104

)

(104

)

At 31 March 2026

4,076

26,509

5,345

10,544

46,474

NET BOOK VALUE

At 31 March 2026

1,020

14,078

2,703

12,812

30,613

At 31 March 2025

2,039

10,589

3,270

16,362

32,260

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,843

5,026

Other debtors

12,181

13,552

18,024

18,578

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

7,033

10,332

Trade creditors

17,559

16,704

Taxation and social security

19,765

22,612

Other creditors

2,555

1,962

46,912

51,610

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

7,033

8.	LEASING AGREEMENTS

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

2026

2025

£

£

Within one year

12,600

12,600

Between one and five years

20,650

33,250

33,250

45,850