REGISTERED NUMBER: 06933212 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Agw & Partners Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A G Wormald

REGISTERED OFFICE:

C7-C8

Spectrum Business Centre

Anthony's Way

Rochester

Kent

ME2 4NP

REGISTERED NUMBER:

06933212 (England and Wales)

ACCOUNTANT:

Aspirations Accountancy Ltd

C7-C8

Spectrum Business Centre

Anthony's Way

Rochester

Kent

ME2 4NP

CURRENT ASSETS

Cash at bank

6

CREDITORS

Amounts falling due within one year

3

28,814

NET CURRENT LIABILITIES

(28,808

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(28,808

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(28,810

)

SHAREHOLDERS' FUNDS

(28,808

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 22 February 2017 and were signed by:

A G Wormald - Director

1.	STATUTORY INFORMATION

Agw & Partners Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except

to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

28,814

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2016:

£

A G Wormald

Balance outstanding at start of year

(28,602

)

Amounts advanced

22

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(28,580

)

5.	ULTIMATE CONTROLLING PARTY

The controlling party is A G Wormald.

The ultimate controlling party is A G Wormald.