A_G_M_PRINT_MAINTENANCE_L

A G M PRINT MAINTENANCE LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

A G M PRINT MAINTENANCE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

£

Fixed assets

Tangible assets

2

3,552

4,235

Current assets

Stocks

4,000

7,507

Debtors

26,146

30,425

Cash at bank and in hand

9,249

6,424

39,395

44,356

Creditors: amounts falling due within one year

(33,561)

(38,180)

Net current assets

5,834

6,176

Total assets less current liabilities

9,386

10,411

Creditors: amounts falling due after more than one year

(4,595)

(10,224)

Provisions for liabilities

(801)

(1,148)

3,990

(961)

Capital and reserves

Called up share capital

3

100

Profit and loss account

3,890

(1,061)

Shareholder's funds

3,990

(961)

A G M PRINT MAINTENANCE LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 OCTOBER 2016

- 2 -

For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

-

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

-

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 July 2017

Mr AG Mackay

Director

Company Registration No. 04919565

A G M PRINT MAINTENANCE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

- 3 -

1

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% Reducing Balance

Fixtures, fittings & equipment

15% Reducing Balance

Motor vehicles

25% Reducing Balance

1.6

Going Concern

The director considers it appropriate to prepare the financial statements on the going concern basis, due to the ongoing support of the director.

2

Fixed assets

Intangible assets

Tangible assets

Total

£

Cost

At 1 November 2015 & at 31 October 2016

18,352

41,140

59,492

Depreciation

At 1 November 2015

18,352

36,905

55,257

Charge for the year

-

683

At 31 October 2016

18,352

37,588

55,940

Net book value

At 31 October 2016

-

3,552

At 31 October 2015

-

4,235

A G M PRINT MAINTENANCE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 4 -

3

Share capital

2016

2015

£

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100