Registration number: 12491693

define:ag Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

define:ag Limited

(Registration number: 12491693)
Balance Sheet as at 30 April 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	4		17,571		24,224
Current assets
Debtors	5	11,133		2,982
Cash at bank and in hand		10,420		5,595
		21,553		8,577
Creditors: Amounts falling due within one year	6	(19,106)		(14,908)
Net current assets/(liabilities)			2,447		(6,331)
Total assets less current liabilities			20,018		17,893
Provisions for liabilities			(3,339)		(4,603)
Net assets			16,679		13,290
Capital and reserves
Called up share capital		100		100
Profit and loss account		16,579		13,190
Total equity			16,679		13,290

For the financial year ending 30 April 2026 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 2 October 2026
 

......................................... Mr S. Russell Director

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2026

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:
The Equine Centre
Chester Road
Hurleston
Nantwich
CW5 6BU

These financial statements were authorised for issue by the director on 2 October 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.

The financial statements are presented in Sterling (£).

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 value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

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

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2026

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% Straight line
Motor vehicles	25% reducing balance

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.

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 1 (2025 - 1).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2025	3,178	31,238	34,416
At 30 April 2026	3,178	31,238	34,416
Depreciation
At 1 May 2025	2,383	7,809	10,192
Charge for the year	795	5,858	6,653
At 30 April 2026	3,178	13,667	16,845
Carrying amount
At 30 April 2026	-	17,571	17,571
At 30 April 2025	795	23,429	24,224

define:ag Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 April 2026

5

Debtors

Current	2026 £	2025 £
Trade debtors	11,103	2,952
Other debtors	30	30
	11,133	2,982

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Trade creditors	176	159
Taxation and social security	9,174	5,527
Other creditors	9,756	9,222
	19,106	14,908