REGISTERED NUMBER: 04710897 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

AGS SECURITY SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Turner

SECRETARY:

Mrs L Turner

REGISTERED OFFICE:

Fieldway

79-81 Denbigh Road

Mold

Flintshire

CH7 1BP

REGISTERED NUMBER:

04710897 (England and Wales)

ACCOUNTANTS:

McLintocks Limited

Chartered Accountants

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

FIXED ASSETS

Tangible assets

2

9,117

11,976

CURRENT ASSETS

Stocks

150,000

108,475

Debtors

283,287

334,179

Cash at bank and in hand

73,782

201

507,069

442,855

CREDITORS

Amounts falling due within one year

3

338,954

342,014

NET CURRENT ASSETS

168,115

100,841

TOTAL ASSETS LESS CURRENT LIABILITIES

177,232

112,817

CREDITORS

Amounts falling due after more than one year

3

(79,291

)

(3,750

)

PROVISIONS FOR LIABILITIES

(1,823

)

(2,395

)

NET ASSETS

96,118

106,672

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

95,118

105,672

SHAREHOLDERS' FUNDS

96,118

106,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 August 2017 and were signed by:

J Turner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents the value of goods and services supplied during the year, exclusive of

value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

62,568

DEPRECIATION

At 1 December 2015

50,592

Charge for year

2,859

At 30 November 2016

53,451

NET BOOK VALUE

At 30 November 2016

9,117

At 30 November 2015

11,976

3.

CREDITORS

Creditors include an amount of £ 218,156 (2015 - £ 146,254 ) for which security has been

given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	ULTIMATE PARENT COMPANY

AGS Holdings Limited is regarded by the director as being the company's ultimate parent

company.