A & G Passenger Boats Ltd Accounts






A & G Passenger Boats Ltd
	Company No. 04036246
		Abbreviated Accounts
		31 July 2016

at	31 July 2016

Company No.		04036246	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	62,467	70,861

				62,467	70,861
Current assets
	Stocks			9,000	9,000
	Debtors			2,679	-

	Cash at bank and in hand			37,447	29,422
				49,126	38,422
Creditors: Amounts falling due within one year				(187,199)	(170,981)
Net current liabilities				(138,073)	(132,559)
Total assets less current liabilities				(75,606)	(61,698)




Net liabilities				(75,606)	(61,698)

Capital and reserves
	Called up share capital		3	1,000	1,000



	Profit and loss account			(76,606)	(62,698)

Shareholder's funds				(75,606)	(61,698)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 08 February 2017

And signed on its behalf by:

P.A. Grange
Director
08 February 2017

for the year ended 31 July 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

10% Reducing balance

Furniture, fittings and equipment

25% Reducing balance

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Pension costs

Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 August 2015	214,433	214,433




	At 31 July 2016	214,433	214,433
	Amortisation
	At 1 August 2015	143,573	143,573
	Charge for the year	8,393	8,393



	At 31 July 2016	151,966	151,966
	Net book values
	At 31 July 2016	62,467	62,467
	At 31 July 2015	70,860	70,860

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1,000	1,000	1,000




				1,000	1,000