REGISTERED NUMBER: 05455192 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

AGL ENGINEERING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A G Lloyd

SECRETARY:

REGISTERED OFFICE:

The Courtyard

33 Duke Street

Trowbridge

Wiltshire

BA14 8EA

REGISTERED NUMBER:

05455192 (England and Wales)

ACCOUNTANTS:

Blomfields

The Courtyard

33 Duke Street

Trowbridge

Wiltshire

BA14 8EA

FIXED ASSETS

Tangible assets

2

7,167

9,555

CURRENT ASSETS

Debtors

20,098

13,298

Cash at bank

2,588

2,747

22,686

16,045

CREDITORS

Amounts falling due within one year

25,938

18,347

NET CURRENT LIABILITIES

(3,252

)

(2,302

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,915

7,253

CREDITORS

Amounts falling due after more than one year

(2,229

)

(4,270

)

PROVISIONS FOR LIABILITIES

(1,418

)

(1,896

)

NET ASSETS

268

1,087

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

168

987

SHAREHOLDERS' FUNDS

268

1,087

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 6 July 2016 and were signed by:

A G Lloyd - 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 is recognised when the company obtains the right to consideration, excluding value added tax.

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

-

33% on reducing balance and 25% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

25,281

DEPRECIATION

At 1 July 2015

15,726

Charge for year

2,388

At 30 June 2016

18,114

NET BOOK VALUE

At 30 June 2016

7,167

At 30 June 2015

9,555

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2016 and

30 June 2015:

2016

2015

£

£

A G Lloyd

Balance outstanding at start of year

10,013

-

Amounts advanced

3,129

18,839

Amounts repaid

(1,153

)

(8,826

)

Balance outstanding at end of year

11,989

10,013

5.	ULTIMATE CONTROLLING PARTY