REGISTERED NUMBER: 06964482 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

AGS (SOUTHEAST) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Oliver Harvie

REGISTERED OFFICE:

The Old Barn Off Wood Street

Swanley Village

Swanley

Kent

BR8 7PA

REGISTERED NUMBER:

06964482 (England and Wales)

ACCOUNTANTS:

Riddingtons Ltd

The Old Barn

Off Wood Street

Swanley Village

Kent

BR8 7PA

FIXED ASSETS

Tangible assets

4

22,555

24,930

CURRENT ASSETS

Debtors

5

14,723

16,930

Cash at bank

72,683

66,097

87,406

83,027

CREDITORS

Amounts falling due within one year

6

37,102

43,103

NET CURRENT ASSETS

50,304

39,924

TOTAL ASSETS LESS CURRENT LIABILITIES

72,859

64,854

CREDITORS

Amounts falling due after more than one year

7

(7,404

)

(10,520

)

PROVISIONS FOR LIABILITIES

(4,511

)

(4,986

)

NET ASSETS

60,944

49,348

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

60,934

49,338

SHAREHOLDERS' FUNDS

60,944

49,348

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 October 2017 and were signed by:

D Oliver Harvie - Director

1.	STATUTORY INFORMATION

AGS (Southeast) 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.

Plant and machinery etc

-

15% 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 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

51,334

Additions

1,607

Disposals

(10,625

)

At 31 March 2017

42,316

DEPRECIATION

At 1 April 2016

26,404

Charge for year

3,982

Eliminated on disposal

(10,625

)

At 31 March 2017

19,761

NET BOOK VALUE

At 31 March 2017

22,555

At 31 March 2016

24,930

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

14,723

16,930

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Hire purchase contracts

3,650

3,650

Trade creditors

11,127

9,290

Taxation and social security

21,270

16,984

Other creditors

1,055

13,179

37,102

43,103

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Hire purchase contracts

7,404

10,520

8.	ULTIMATE CONTROLLING PARTY

During the year, the company was under the control of the director, Mr D Oliver Harvie.