Abbreviated Company Accounts - A G MACHINING SERVICES LIMITED

05406389 A G MACHINING SERVICES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05406389 2015-04-01 2016-03-31 05406389 2016-03-31 05406389 2015-03-31 05406389 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05406389 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05406389

A G MACHINING SERVICES LIMITED

Abbreviated Accounts

31 March 2016

A G MACHINING SERVICES LIMITED Registered Number 05406389

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	52,492	46,089
		52,492	46,089
Current assets
Debtors		61,235	79,605
Cash at bank and in hand		82,398	70,456
		143,633	150,061
Creditors: amounts falling due within one year		(114,963)	(103,746)
Net current assets (liabilities)		28,670	46,315
Total assets less current liabilities		81,162	92,404
Creditors: amounts falling due after more than one year		(4,998)	(13,004)
Provisions for liabilities		(9,444)	(7,803)
Total net assets (liabilities)		66,720	71,597
Capital and reserves
Called up share capital	3	100	1
Profit and loss account		66,620	71,596
Shareholders' funds		66,720	71,597

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 November 2016

And signed on their behalf by:
A Gater, Director

A G MACHINING SERVICES LIMITED Registered Number 05406389

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each individual asset over its estimated useful life.
Plant & machinery - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	127,643
Additions	20,962
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	148,605
Depreciation
At 1 April 2015	81,554
Charge for the year	14,559
On disposals	-
At 31 March 2016	96,113
Net book values
At 31 March 2016	52,492
At 31 March 2015	46,089

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each (1 shares for 2015)	100	1