REGISTERED NUMBER: 06964482 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

AGS (SOUTHEAST) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Oliver Harvie

REGISTERED OFFICE:

The Old Barn Off Wood Street

Swanley Village

Swanley

Kent

BR8 7PA

REGISTERED NUMBER:

06964482 (England and Wales)

ACCOUNTANTS:

Riddingtons Ltd

The Old Barn

Off Wood Street

Swanley Village

Kent

BR8 7PA

FIXED ASSETS

Tangible assets

2

24,930

22,600

CURRENT ASSETS

Debtors

16,930

29,198

Cash at bank

66,097

63,002

83,027

92,200

CREDITORS

Amounts falling due within one year

43,103

73,384

NET CURRENT ASSETS

39,924

18,816

TOTAL ASSETS LESS CURRENT LIABILITIES

64,854

41,416

CREDITORS

Amounts falling due after more than one year

(10,520

)

(4,163

)

PROVISIONS FOR LIABILITIES

(4,986

)

(4,207

)

NET ASSETS

49,348

33,046

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

49,338

33,036

SHAREHOLDERS' FUNDS

49,348

33,046

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 December 2016 and were signed by:

D Oliver Harvie - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

31,974

Additions

17,485

Disposals

1,875

At 31 March 2016

51,334

DEPRECIATION

At 1 April 2015

9,374

Charge for year

4,402

Eliminated on disposal

12,628

At 31 March 2016

26,404

NET BOOK VALUE

At 31 March 2016

24,930

At 31 March 2015

22,600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

10

Ordinary

1

10

10

4.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £529 (2015 - £12,507) due to the director. This loan is interest free and no

repayment terms have been agreed.

During the year, the company paid dividends to the director, Mr D Oliver Harvie, and his wife amounting to

£30,000 (2015 - £28,000).

5.	ULTIMATE CONTROLLING PARTY

During the year, the company was under the control of the director, Mr D Oliver Harvie.