REGISTERED NUMBER: 05631567 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

A & G Signs Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C L Marchant

G Ransome

L Badley

C Badley

REGISTERED OFFICE:

18 Ferrybridge Road

Castleford

West Yorkshire

WF10 4JJ

REGISTERED NUMBER:

05631567 (England and Wales)

ACCOUNTANT:

Delegate Accountancy Services Limited

4 Bond Terrace

Wakefield

West Yorkshire

WF1 2HW

FIXED ASSETS

Intangible assets

2

225,000

247,500

Tangible assets

3

403,745

305,572

628,745

553,072

CURRENT ASSETS

Stocks

28,546

10,961

Debtors

582,285

511,920

Cash at bank and in hand

228,667

219,136

839,498

742,017

CREDITORS

Amounts falling due within one year

191,686

151,141

NET CURRENT ASSETS

647,812

590,876

TOTAL ASSETS LESS CURRENT LIABILITIES

1,276,557

1,143,948

CREDITORS

Amounts falling due after more than one year

(57,961

)

(91,035

)

PROVISIONS FOR LIABILITIES

(9,154

)

(9,744

)

NET ASSETS

1,209,442

1,043,169

CAPITAL AND RESERVES

Called up share capital

4

1,200

1,200

Profit and loss account

1,208,242

1,041,969

SHAREHOLDERS' FUNDS

1,209,442

1,043,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 27 April 2017 and were signed on its behalf by:

G Ransome - 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 2007, is being amortised evenly over its estimated useful life of twenty 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

-

20% on reducing balance

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

450,000

AMORTISATION

At 1 August 2015

202,500

Amortisation for year

22,500

At 31 July 2016

225,000

NET BOOK VALUE

At 31 July 2016

225,000

At 31 July 2015

247,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

364,114

Additions

124,329

Disposals

(11,250

)

At 31 July 2016

477,193

DEPRECIATION

At 1 August 2015

58,542

Charge for year

18,910

Eliminated on disposal

(4,004

)

At 31 July 2016

73,448

NET BOOK VALUE

At 31 July 2016

403,745

At 31 July 2015

305,572

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

100

Ordinary

£1

100

100

100

A Ordinary

£1

100

100

100

B Ordinary

£1

100

100

450

C Ordinary

£1

450

450

450

D Ordinary

£1

450

450

1,200

1,200

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr. G. Ransome and Miss C. Marchant (directors).