AGI Corporate Finance Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 03290460 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

AGI Corporate Finance Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

R L Hamburger

J M Foster

SECRETARY:

J M Foster

REGISTERED OFFICE:

Calcutt Court

Calcutt

Swindon

Wiltshire

SN66JR

REGISTERED NUMBER:

03290460 (England and Wales)

ACCOUNTANTS:

Optima Financial Solutions Group Limited

Chartered Accountants

Calcutt Court

Calcutt

Swindon

Wiltshire

SN66JR

SOLICITORS:

Dawsons and Co

2 New Square

Lincoln's Inn

London

London

WC2A 3RZ

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

150,000

150,000

150,000

150,000

CURRENT ASSETS

Debtors

6

1,992,089

1,895,583

CREDITORS

Amounts falling due within one year

7

1,527,698

1,415,749

NET CURRENT ASSETS

464,391

479,834

TOTAL ASSETS LESS CURRENT LIABILITIES

614,391

629,834

CREDITORS

Amounts falling due after more than one year

8

250,000

250,000

NET ASSETS

364,391

379,834

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Retained earnings

304,391

319,834

SHAREHOLDERS' FUNDS

364,391

379,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 26 January 2024 and were signed on its behalf by:

R L Hamburger - Director

1.	STATUTORY INFORMATION

AGI Corporate Finance Limited 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixture & fittings - 25% straight line

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling at the date of the transaction.

Exchange gains and losses are recognised in Profit and Loss Account.

Investments

Investments held as fixed assets are shown at cost less provision for impairment

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2022

and 31 December 2022

3,957

DEPRECIATION

At 1 January 2022

and 31 December 2022

3,957

NET BOOK VALUE

At 31 December 2022

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2022

and 31 December 2022

150,000

NET BOOK VALUE

At 31 December 2022

150,000

At 31 December 2021

150,000

6.

DEBTORS

31.12.22

31.12.21

£

£

Amounts falling due within one year:

Trade debtors

(18,145

)

(18,145

)

Amounts falling due after more than one year:

Other debtors

2,010,234

1,913,728

Aggregate amounts

1,992,089

1,895,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans and overdrafts

32,936

32,936

Trade creditors

90,230

90,231

Taxation and social security

(2,750

)

(2,750

)

Other creditors

1,407,282

1,295,332

1,527,698

1,415,749

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.22

31.12.21

£

£

Other creditors

250,000

250,000

9.	CONTROLLING PARTY

The controlling party continues to be Mr R L Hamburger, a director of the company and the majority shareholder.

The following reproduces the text of the report prepared for the directors 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 Directors 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 AGI Corporate Finance Limited for the year ended 31 December 2022 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AGI Corporate Finance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AGI Corporate Finance Limited and state those matters that we have agreed to state to the Board of Directors of AGI Corporate Finance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AGI Corporate Finance Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AGI Corporate Finance Limited 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 loss of AGI Corporate Finance Limited. You consider that AGI Corporate Finance Limited 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 AGI Corporate Finance Limited. 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.

Optima Financial Solutions Group Limited

Chartered Accountants

Calcutt Court

Calcutt

Swindon

Wiltshire

SN66JR

Date: .............................................