073731672014-10-012015-09-30falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-10-012015-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-09-30http://www.companieshouse.gov.uk/pt:DevelopmentCosts2014-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-10-012015-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-09-30http://www.companieshouse.gov.uk/pt:DevelopmentCosts2015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-09-30http://www.companieshouse.gov.uk/pt:DevelopmentCosts2014-10-012015-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-10-012015-09-30http://www.companieshouse.gov.uk/2013-10-012014-09-30http://www.companieshouse.gov.uk/2014-10-012015-09-30http://www.companieshouse.gov.uk/2014-09-30http://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-10-012015-09-30http://www.companieshouse.gov.uk/2014-09-30iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 07373167

Agstrom Limited

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/09/2015

Prepared By:

Mike Griffiths & Partners Ltd

Accountants & Registered Auditors

4a Chester Road

Gresford

Wrexham

LL12 8TN

Agstrom Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/09/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 07373167

Agstrom Limited

Registered Number: 07373167
BALANCE SHEET AT 30/09/2015
						2015				2014
		Notes				£				£
FIXED ASSETS
Intangible assets		2				251,325				351,855
Tangible assets		3				7,733				9,098
						259,058				360,953
CURRENT ASSETS
Debtors (amounts falling due within one year)		4		16,957				13,380
Cash at bank and in hand				1,272				9,177
				18,229				22,557
CREDITORS: Amounts falling due within one year				309,014				397,878
NET CURRENT LIABILITIES						(290,785)				(375,321)
TOTAL ASSETS LESS CURRENT LIABILITIES						(31,727)				(14,368)
CAPITAL AND RESERVES
Called up share capital		5				2				2
Profit and loss account						(31,729)				(14,370)
SHAREHOLDERS' FUNDS						(31,727)				(14,368)
For the year ending 30/09/2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 29/06/2016 and signed on their behalf by
Timothy Roberts
Director

Agstrom Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30/09/2015

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1b. Cash Flow Statement

The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment		reducing balance 15%

1d. Intangible Assets

Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.

1e. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Agstrom Limited

2. INTANGIBLE FIXED ASSETS
		Development
		Costs		Total
		£		£
Cost
At 01/10/2014		502,650		502,650
At 30/09/2015		502,650		502,650
Depreciation
At 01/10/2014		150,795		150,795
For the year		100,530		100,530
At 30/09/2015		251,325		251,325
Net Book Amounts
At 30/09/2015		251,325		251,325
At 30/09/2014		351,855		351,855

3. TANGIBLE FIXED ASSETS
		Equipment		Total
		£		£
Cost
At 01/10/2014		14,811		14,811
At 30/09/2015		14,811		14,811
Depreciation
At 01/10/2014		5,713		5,713
For the year		1,365		1,365
At 30/09/2015		7,078		7,078
Net Book Amounts
At 30/09/2015		7,733		7,733
At 30/09/2014		9,098		9,098

4. DEBTORS				2015		2014
				£		£
Amounts falling due within one year:
Trade debtors				15,840		13,380
Other Tax				904		-
				16,744		13,380

Agstrom Limited

5. SHARE CAPITAL				2015		2014
				£		£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each				2		2
				2		2