REGISTERED NUMBER: 03447463 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

AGL Software Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A G Lyburn

SECRETARY:

Mrs S Lyburn

REGISTERED OFFICE:

Polstreath

Brooklands Close

Farnham

Surrey

GU9 9BT

REGISTERED NUMBER:

03447463 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Tangible assets

4

264

392

CURRENT ASSETS

Debtors

5

856

1,629

Cash at bank

7,233

6,764

8,089

8,393

CREDITORS

Amounts falling due within one year

6

1,609

1,405

NET CURRENT ASSETS

6,480

6,988

TOTAL ASSETS LESS CURRENT LIABILITIES

6,744

7,380

PROVISIONS FOR LIABILITIES

50

78

NET ASSETS

6,694

7,302

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

6,691

7,299

SHAREHOLDERS' FUNDS

6,694

7,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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 4 May 2018 and were signed by:

Mr A G Lyburn - Director

1.	STATUTORY INFORMATION

AGL Software Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

711

3,203

3,914

DEPRECIATION

At 1 November 2016

695

2,827

3,522

Charge for year

4

124

128

At 31 October 2017

699

2,951

3,650

NET BOOK VALUE

At 31 October 2017

12

252

264

At 31 October 2016

16

376

392

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

450

1,211

Other debtors

406

418

856

1,629

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade creditors

7

6

Taxation and social security

38

355

Other creditors

1,564

1,044

1,609

1,405

7.	RELATED PARTY DISCLOSURES

The company was controlled throughout the current and previous year by it's director Mr A G Lyburn. The

director's wife Mrs S Lyburn holds one share (2016:one share).