REGISTERED NUMBER: 03923406 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 March 2016

for

AGL Care Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A G Ludhor

Mr J B Ludhor

Miss N Ludhor

Mrs K Parchment

SECRETARY:

Mrs K Parchment

REGISTERED OFFICE:

Warden House

37 Manor Road

Colchester

Essex

CO3 3LX

REGISTERED NUMBER:

03923406 (England and Wales)

ACCOUNTANTS:

Tile & Co

Warden House

37 Manor Road

Colchester

Essex

CO3 3LX

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,282,776

982,096

1,282,776

982,096

CURRENT ASSETS

Stocks

500

500

Debtors

119,243

122,730

Cash at bank and in hand

308,450

394,505

428,193

517,735

CREDITORS

Amounts falling due within one year

147,038

114,690

NET CURRENT ASSETS

281,155

403,045

TOTAL ASSETS LESS CURRENT LIABILITIES

1,563,931

1,385,141

CREDITORS

Amounts falling due after more than one year

4

575,211

459,218

NET ASSETS

988,720

925,923

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

988,620

925,823

SHAREHOLDERS' FUNDS

988,720

925,923

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 December 2016 and were signed on its behalf by:

Mr A G Ludhor - 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of ten years.

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 cost and 15% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 31 March 2015

and 30 March 2016

7,000

AMORTISATION

At 31 March 2015

and 30 March 2016

7,000

NET BOOK VALUE

At 30 March 2016

-

At 30 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 31 March 2015

1,051,938

Additions

316,331

At 30 March 2016

1,368,269

DEPRECIATION

At 31 March 2015

69,842

Charge for year

15,651

At 30 March 2016

85,493

NET BOOK VALUE

At 30 March 2016

1,282,776

At 30 March 2015

982,096

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

296,382

290,967

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary Shares

£1

100

100