Abbreviated Company Accounts - A & G PROPERTIES LIMITED

06533366 A & G PROPERTIES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06533366 2015-04-01 2016-03-31 06533366 2016-03-31 06533366 2015-03-31 06533366 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06533366 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06533366

A & G PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

A & G PROPERTIES LIMITED Registered Number 06533366

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	210,500	200,500
		210,500	200,500
Current assets
Debtors		3,579	1,306
Cash at bank and in hand		489	676
		4,068	1,982
Creditors: amounts falling due within one year		(35,973)	(52,152)
Net current assets (liabilities)		(31,905)	(50,170)
Total assets less current liabilities		178,595	150,330
Creditors: amounts falling due after more than one year		(112,874)	(84,303)
Total net assets (liabilities)		65,721	66,027
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		65,663	65,663
Profit and loss account		56	362
Shareholders' funds		65,721	66,027

For the year ending 31 March 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 1 September 2016

And signed on their behalf by:
R D Gardner, Director

A & G PROPERTIES LIMITED Registered Number 06533366

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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
Turnover represents the value, net of value added tax of rental income received

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Freehold property 0%
Fixtures and Fittings 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	200,500
Additions	12,400
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	212,900
Depreciation
At 1 April 2015	-
Charge for the year	2,400
On disposals	-
At 31 March 2016	2,400
Net book values
At 31 March 2016	210,500
At 31 March 2015	200,500

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2