A & G Scaffolding Services Ltd - Period Ending 2016-03-31

A & G Scaffolding Services Ltd

Annual Report and Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016

Concorde Company Solutions Limited
Accountants
20A Main Street
Garforth
Leeds West Yorkshire
West Yorkshire
LS25 1AA

A & G Scaffolding Services Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
A & G Scaffolding Services Ltd
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A & G Scaffolding Services Ltd for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of A & G Scaffolding Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A & G Scaffolding Services Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & G Scaffolding Services Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A & G Scaffolding Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A & G Scaffolding Services Ltd. You consider that A & G Scaffolding Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A & G Scaffolding Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Concorde Company Solutions Limited
Accountants
20A Main Street
Garforth
Leeds West Yorkshire
West Yorkshire
LS25 1AA

23 May 2016

Page 1

A & G Scaffolding Services Ltd
(Registration number: 05407150)
Abbreviated Balance Sheet at 31 March 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		59,446	28,585
Current assets
Stocks		-	5,250
Debtors		11,810	41,373
Cash at bank and in hand		23,346	6,962
		35,156	53,585
Creditors: Amounts falling due within one year		(73,423)	(72,045)
Net current liabilities		(38,267)	(18,460)
Net assets		21,179	10,125
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		21,177	10,123
Shareholders' funds		21,179	10,125

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 23 May 2016 and signed on its behalf by:

.........................................
Mr Andrew HOUSECROFT
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

A & G Scaffolding Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant & Machinery	25% Reducing Balance
Vehicles	25% Reducing Balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 April 2015	56,653	56,653
Additions	51,900	51,900
At 31 March 2016	108,553	108,553
Depreciation
At 1 April 2015	28,068	28,068
Charge for the year	21,039	21,039
At 31 March 2016	49,107	49,107
Net book value
At 31 March 2016	59,446	59,446
At 31 March 2015	28,585	28,585

Page 3

A & G Scaffolding Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary Shares of £1 each		2	2		2	2

Page 4