AG SOLUTIONS (NW) LIMITED

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 06221015

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		1,270		1,238

			1,270		1,238
CURRENT ASSETS
Debtors		2,616		4,849
Cash at bank and in hand		6,313		7,615

		8,929		12,464
Creditors: Amounts Falling Due Within One Year		(10,099 )		(13,215 )

NET CURRENT ASSETS (LIABILITIES)			(1,170 )		(751 )

TOTAL ASSETS LESS CURRENT LIABILITIES			100		487

NET ASSETS			100		487

CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and loss account			-		387

SHAREHOLDERS' FUNDS			100		487

Page 1

Balance Sheet (continued)

As at 30 April 2017

For the year ending 30 April 2017 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Andrew Galvin

29th August 2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% Reducing Balance

1.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

2. Tangible Assets


	Plant & Machinery
	£
Cost
As at 1 May 2016	4,036
Additions	349

As at 30 April 2017	4,385

Depreciation
As at 1 May 2016	2,798
Provided during the period	317

As at 30 April 2017	3,115

Net Book Value
As at 30 April 2017	1,270

As at 1 May 2016	1,238

3. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100