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REGISTERED NUMBER: 03923406 (England and Wales)











Unaudited Financial Statements

for the period

31 March 2016 to 29 March 2017

for

AGL Care Limited

AGL Care Limited (Registered number: 03923406)






Contents of the Financial Statements
for the period 31 March 2016 to 29 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGL Care Limited

Company Information
for the period 31 March 2016 to 29 March 2017







DIRECTORS: Mr A G Ludhor
Mr J B Ludhor
Mrs N Damhar
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

AGL Care Limited (Registered number: 03923406)

Balance Sheet
29 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 235,174 247,851
Investment property 6 1,120,000 1,072,134
1,355,174 1,319,985

CURRENT ASSETS
Stocks 500 500
Debtors 7 194,324 116,691
Cash at bank and in hand 264,426 308,450
459,250 425,641
CREDITORS
Amounts falling due within one year 8 120,703 147,037
NET CURRENT ASSETS 338,547 278,604
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,693,721

1,598,589

CREDITORS
Amounts falling due after more than one
year

9

(656,194

)

(575,211

)

PROVISIONS FOR LIABILITIES (12,144 ) (4,518 )
NET ASSETS 1,025,383 1,018,860

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 68,911 30,140
Retained earnings 956,372 988,620
SHAREHOLDERS' FUNDS 1,025,383 1,018,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 March 2017 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.

AGL Care Limited (Registered number: 03923406)

Balance Sheet - continued
29 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 February 2018 and were signed on its behalf by:





Mr A G Ludhor - Director


AGL Care Limited (Registered number: 03923406)

Notes to the Financial Statements
for the period 31 March 2016 to 29 March 2017

1. STATUTORY INFORMATION

AGL Care Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit
or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes
recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


AGL Care Limited (Registered number: 03923406)

Notes to the Financial Statements - continued
for the period 31 March 2016 to 29 March 2017

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 48 (2016 - 44 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 March 2016
and 29 March 2017 7,000
AMORTISATION
At 31 March 2016
and 29 March 2017 7,000
NET BOOK VALUE
At 29 March 2017 -
At 30 March 2016 -

AGL Care Limited (Registered number: 03923406)

Notes to the Financial Statements - continued
for the period 31 March 2016 to 29 March 2017

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 31 March 2016 220,000 113,344 333,344
Additions - 315 315
At 29 March 2017 220,000 113,659 333,659
DEPRECIATION
At 31 March 2016 - 85,493 85,493
Charge for period - 12,992 12,992
At 29 March 2017 - 98,485 98,485
NET BOOK VALUE
At 29 March 2017 220,000 15,174 235,174
At 30 March 2016 220,000 27,851 247,851

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 March 2016 1,072,134
Revaluations 47,866
At 29 March 2017 1,120,000
NET BOOK VALUE
At 29 March 2017 1,120,000
At 30 March 2016 1,072,134

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is
provided on these gains at the rate expected to apply when the property is sold.

Fair value at 29 March 2017 is represented by:

£   
Valuation in 2015 9,710
Valuation in 2016 27,500
Valuation in 2017 47,866
Cost 1,034,924
1,120,000

AGL Care Limited (Registered number: 03923406)

Notes to the Financial Statements - continued
for the period 31 March 2016 to 29 March 2017

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed by group undertakings 189,560 111,000
Other debtors 4,764 5,691
194,324 116,691

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 38,901 38,055
Trade creditors 7,435 9,767
Taxation and social security 10,359 37,326
Other creditors 64,008 61,889
120,703 147,037

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans 656,194 575,211

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 233,720 296,382

10. RESERVES
Fair
value
reserve
£   
At 31 March 2016 30,140
Transfer 38,771

At 29 March 2017 68,911

11. RELATED PARTY DISCLOSURES

During the period, total dividends of £27,000 (2016 - £50,000) were paid to the directors .

At the year end the company owed £109 to the Director Mr A G Ludhor (2016 - £519). This loan is unsecured,
interest free and repayable on demand.

AGL Care Limited (Registered number: 03923406)

Notes to the Financial Statements - continued
for the period 31 March 2016 to 29 March 2017

12. FIRST YEAR ADOPTION

This is the first year that the company has presented its financial statements under Financial Reporting Standard
102 Section 1A (FRS 102 1A) issued by the Financial Reporting Council. The last financial statements prepared
under previous UK GAAP were for the year end 31 March 2016 and the date of the transition to FRS 102 1A
was therefore 1 April 2015. As a consequence of adopting FRS 102 1A a number of accounting policies have
changed to comply with the standard.

FRS 102 requires investments to be revalued at each reporting date, being measured at fair value. Any change in
fair value is required to be recognised in the profit and loss account. FRS 102 states that deferred tax must be
recognised on any fair value adjustments at the applicable rate of tax. The impact of these adjustments at the date
of transition can be seen in the Reconciliation of Equity 1 April 2015 note. The impact of the adjustments on the
previous year's figures can be seen in the Reconciliation of Equity and Reconciliation of Profit 31 March 2016
note.

Prior to the adoption of FRS 102, AGL Care Ltd did not make provision for holiday pay earned but not taken
before the year end. FRS 102 requires the cost of short-term compensated absences to be recognised when
employees render the service that increases their entitlement.