AGNI LIMITED Small abbreviated accounts

COMPANY REGISTRATION NUMBER 06943886

AGNI LIMITED

ABBREVIATED ACCOUNTS

30 June 2016

ACCOUNTS UNLOCKED LLP

Chartered Certified Accountants

Repton Manor

Repton Avenue

Ashford

Kent

TN23 3GP

AGNI LIMITED

ABBREVIATED BALANCE SHEET

30 June 2016

		2016		2015
Note		£	£	£
FIXED ASSETS	2
Tangible assets			1,665	1,028
			-------	-------

CURRENT ASSETS

Debtors	4,847		-
Cash at bank and in hand	264,440		402,007
	----------		----------
	269,287		402,007
CREDITORS: Amounts falling due within one year	14,246		41,382
	----------		----------
NET CURRENT ASSETS		255,041	360,625
		----------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES		256,706	361,653
		----------	----------

CAPITAL AND RESERVES

Called up equity share capital	3	2	2
Profit and loss account		256,704	361,651
		----------	----------
SHAREHOLDERS' FUNDS		256,706	361,653
		----------	----------

For the year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 3 February 2017 , and are signed on their behalf by:

Mr D S Matharu Director

Company Registration Number: 06943886

AGNI LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 30 JUNE 2016

1. ACCOUNTING POLICIES

Basis of accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment-33% Reducing blaance basis

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1 July 2015	3,572
Additions	1,457
	-------
At 30 June 2016	5,029
	-------

DEPRECIATION

At 1 July 2015	2,544
Charge for year	820
	-------
At 30 June 2016	3,364
	-------

NET BOOK VALUE

At 30 June 2016	1,665
	-------

At 30 June 2015	1,028
	-------

3. SHARE CAPITAL

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----