| AGM BRICKWORK & STONEWORK LTD |
| Registered number: |
04904871 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
2016 |
|
2015 |
|
|
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
35,935 |
|
|
4,773 |
|
| Current assets |
| Stocks |
|
|
5,000 |
|
|
5,000 |
| Debtors |
|
|
294,974 |
|
|
250,780 |
| Cash at bank and in hand |
|
|
319 |
|
|
21,280 |
|
|
|
300,293 |
|
|
277,060 |
|
| Creditors: amounts falling due within one year |
|
|
(311,515) |
|
|
(391,074) |
|
| Net current liabilities |
|
|
|
(11,222) |
|
|
(114,014) |
|
| Net assets/(liabilities) |
|
|
|
24,713 |
|
|
(109,241) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
24,613 |
|
|
(109,341) |
|
| Shareholders' funds |
|
|
|
24,713 |
|
|
(109,241) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr M Lane |
| Director |
| Approved by the board on 26 December 2016 |
|
| AGM BRICKWORK & STONEWORK LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
8,744 |
|
Additions |
37,309 |
|
Disposals |
(1,500) |
|
At 31 March 2016 |
44,553 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
3,971 |
|
Charge for the year |
4,647 |
|
At 31 March 2016 |
8,618 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
35,935 |
|
At 31 March 2015 |
4,773 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
|
|
value |
|
Number |
|
£ |
|
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr M Lane |
|
[Loan 1] |
(327,983) |
|
166,306 |
|
(90,000) |
|
(251,677) |
|
|
|
(327,983) |
|
166,306 |
|
(90,000) |
|
(251,677) |
|
|
|
|
|
|
|
|
|