Registration number: 04344393

Aegis (Torbay) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Aegis (Torbay) Ltd

Company Information

Director

Mr Robin Corbett

Company secretary

Mr Neil Wilson

Registered office

42a Walnut Road Torquay Devon TQ2 6HS

Solicitors

Wollen Michelmore 30 The Terrace Torquay Devon TQ1 1BS

Accountants

Neil Wilson & Co Chartered Accountants Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

Aegis (Torbay) Ltd

(Registration number: 04344393)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	91,841	91,793
Current assets
Debtors	5	20,129	19,078
Cash at bank and in hand		13,563	19,384
		33,692	38,462
Creditors: Amounts falling due within one year	6	(52,233)	(57,381)
Net current liabilities		(18,541)	(18,919)
Net assets		73,300	72,874
Capital and reserves
Called up share capital	7	100	100
Retained earnings		73,200	72,774
Shareholders' funds		73,300	72,874

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 May 2026
 

......................................... Mr Robin Corbett Director

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42a Walnut Road
Torquay
Devon
TQ2 6HS

The principal place of business is:
8 Helens Mead Road
Torquay
Devon
TQ2 8PD
United Kingdom

These financial statements were authorised for issue by the director on 21 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% Reducing balance
Office Equipment	25% Reducing balance

Amortisation

Asset class	Amortisation method and rate
Taxi Plates	10% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 January 2025	91,070	2,370	600	100
Additions	-	305	-	-
At 31 December 2025	91,070	2,675	600	100
Depreciation
At 1 January 2025	-	1,766	556	25
Charge for the year	-	227	11	19
At 31 December 2025	-	1,993	567	44
Carrying amount
At 31 December 2025	91,070	682	33	56
At 31 December 2024	91,070	604	44	75

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

	Total £
Cost or valuation
At 1 January 2025	94,140
Additions	305
At 31 December 2025	94,445
Depreciation
At 1 January 2025	2,347
Charge for the year	257
At 31 December 2025	2,604
Carrying amount
At 31 December 2025	91,841
At 31 December 2024	91,793

Included within the net book value of land and buildings above is £91,070 (2024 - £91,070) in respect of freehold land and buildings.
 

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	-
Other debtors	20,129	19,078
	20,129	19,078

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	263	133
Accruals and deferred income	400	400
Other creditors	51,570	56,848
	52,233	57,381

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8

Dividends

		2025		2024
		£		£
Interim dividend of £5.00 (2024 - £10.00) per ordinary share		500		1,000

9	Related party transactions

Transactions with the director

2025	At 1 January 2025 £	Advances to director £	At 31 December 2025 £
Mr Robin Corbett
Mr Robin Corbett	(56,848)	5,278	(51,570)

Aegis (Torbay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

2024	At 1 January 2024 £	Repayments by director £	At 31 December 2024 £
Mr Robin Corbett
Mr Robin Corbett	(48,804)	(8,044)	(56,848)

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	-	3,143

Dividends paid to the director

		2025 £		2024 £
Mr Robin Corbett
R Corbett		500		500