REGISTERED NUMBER: 01437704 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

A. AND G. STRUCTURES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Cooke

Mrs D M Cooke

D V Cooke

SECRETARY:

D V Cooke

REGISTERED OFFICE:

Unit 38 Longshot Lane Industrial Estate

Bracknell

Berkshire

RG12 1RL

REGISTERED NUMBER:

01437704 (England and Wales)

ACCOUNTANTS:

Hamlyns LLP

Chartered Accountants

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU

FIXED ASSETS

Tangible assets

4

94,462

57,337

Investments

5

200,000

200,000

294,462

257,337

CURRENT ASSETS

Stocks

190,134

150,986

Debtors

6

133,814

181,307

Cash at bank

86,975

26,225

410,923

358,518

CREDITORS

Amounts falling due within one year

7

534,079

546,226

NET CURRENT LIABILITIES

(123,156

)

(187,708

)

TOTAL ASSETS LESS CURRENT LIABILITIES

171,306

69,629

CREDITORS

Amounts falling due after more than one year

8

(60,999

)

(26,629

)

PROVISIONS FOR LIABILITIES

(16,259

)

(8,153

)

NET ASSETS

94,048

34,847

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

93,948

34,747

94,048

34,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 March 2019 and were signed on its behalf by:

D V Cooke - Director

1.	STATUTORY INFORMATION

A. and G. Structures 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Short leasehold

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 11 (2017 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2017

32,826

334,827

367,653

Additions

-

63,100

63,100

Disposals

-

(1,200

)

(1,200

)

At 30 September 2018

32,826

396,727

429,553

DEPRECIATION

At 1 October 2017

31,569

278,747

310,316

Charge for year

60

25,915

25,975

Eliminated on disposal

-

(1,200

)

(1,200

)

At 30 September 2018

31,629

303,462

335,091

NET BOOK VALUE

At 30 September 2018

1,197

93,265

94,462

At 30 September 2017

1,257

56,080

57,337

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2017

and 30 September 2018

200,000

NET BOOK VALUE

At 30 September 2018

200,000

At 30 September 2017

200,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

74,412

126,193

Amounts owed by group undertakings

25,016

4,535

Other debtors

34,386

50,579

133,814

181,307

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

131,859

142,932

Hire purchase contracts

21,047

8,011

Trade creditors

305,213

171,620

Amounts owed to group undertakings

-

154,320

Taxation and social security

37,054

35,270

Other creditors

38,906

34,073

534,079

546,226

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

60,999

26,629

9.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Bank overdrafts

131,859

142,932

Hire purchase contracts

82,046

34,640

213,905

177,572

Lloyds Bank Plc holds a debenture deed over the assets of the company.

The hire purchase contracts are secure on the assets held under these contracts.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2018 and

30 September 2017:

2018

2017

£

£

G P Cooke

Balance outstanding at start of year

(7,000

)

(2,752

)

Amounts advanced

4,500

2,752

Amounts repaid

(6,000

)

(7,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8,500

)

(7,000

)

D V Cooke

Balance outstanding at start of year

(16,558

)

24,976

Amounts advanced

90,835

117,757

Amounts repaid

(79,299

)

(159,291

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,022

)

(16,558

)