Registered Number 04741176

A & G CONSORTIUM LIMITED

Abbreviated Accounts

30 April 2016

A & G CONSORTIUM LIMITED Registered Number 04741176

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 305,000 305,000
305,000 305,000
Current assets
Debtors 47,324 44,495
Cash at bank and in hand 101 101
47,425 44,596
Creditors: amounts falling due within one year 3 (8,395) (5,640)
Net current assets (liabilities) 39,030 38,956
Total assets less current liabilities 344,030 343,956
Creditors: amounts falling due after more than one year 3 (292,260) (292,260)
Total net assets (liabilities) 51,770 51,696
Capital and reserves
Called up share capital 4 100 100
Revaluation reserve 51,562 51,562
Profit and loss account 108 34
Shareholders' funds 51,770 51,696
  • For the year ending 30 April 2016 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 25 January 2017

And signed on their behalf by:
A D Scott, Director

A & G CONSORTIUM LIMITED Registered Number 04741176

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
1.1. The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
1.2. Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling due within the company's ordinary activities.

Tangible assets depreciation policy
1.3. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Stated at revaluation amount

2Tangible fixed assets
£
Cost
At 1 May 2015 305,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 305,000
Depreciation
At 1 May 2015 -
Charge for the year -
On disposals -
At 30 April 2016 -
Net book values
At 30 April 2016 305,000
At 30 April 2015 305,000
3Creditors
2016
£		 2015
£
Instalment debts due after 5 years 292,260 292,260
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Authorised Ordinary shares of £1 each 100 100
100 Ordinary shares of £1 each 100 100
100 Ordinary Equity shares of £1 each 100 100

5Transactions with directors

Name of director receiving advance or credit: A D Scott
Description of the transaction: Interest free loan
Balance at 1 May 2015: £ 35,081
Advances or credits made: £ 2,829
Advances or credits repaid: -
Balance at 30 April 2016: £ 37,910