A&G Pipework & Welding Ltd - Accounts to registrar

REGISTERED NUMBER: 07164143 (England and Wales)

Financial Statements for the Year Ended 31 January 2017

for

A&G Pipework & Welding Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G A Dell

Mr A Moulang

Mrs K L Moulang

REGISTERED OFFICE:

468 Maidstone Road

Bluebell Hill Village

Walderslade

Kent

ME5 9QL

REGISTERED NUMBER:

07164143 (England and Wales)

ACCOUNTANTS:

Business Tax Accountants Ltd (Phipps Anthony)

24 Station Road

Rainham

Gillingham

Kent

ME8 7PH

FIXED ASSETS

Tangible assets

4

28,715

26,531

CURRENT ASSETS

Debtors

artnership net current assets

5

214,458

39,510

230,715

26,879

Cash at bank and in hand

270,399

213,757

524,367

471,351

CREDITORS

Amounts falling due within one year

6

162,096

138,093

NET CURRENT ASSETS

362,271

333,258

TOTAL ASSETS LESS CURRENT

LIABILITIES

390,986

359,789

PROVISIONS FOR LIABILITIES

5,743

5,287

NET ASSETS

385,243

354,502

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

385,241

354,500

SHAREHOLDERS' FUNDS

385,243

354,502

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 in accordance with 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 1 September 2017 and were signed on its behalf

by:

Mr G A Dell - Director

1.	STATUTORY INFORMATION

A&G Pipework & Welding Ltd 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

-

20% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 February 2016

54,736

14,995

69,731

Additions

15,725

-

15,725

At 31 January 2017

70,461

14,995

85,456

DEPRECIATION

At 1 February 2016

35,058

8,142

43,200

Charge for year

9,997

3,544

13,541

At 31 January 2017

45,055

11,686

56,741

NET BOOK VALUE

At 31 January 2017

25,406

3,309

28,715

At 31 January 2016

19,678

6,853

26,531

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

Trade debtors

213,406

228,712

Partnership net current assets

39,510

26,879

Prepayments and accrued income

1,052

2,003

253,968

257,594

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

Taxation and social security

94,750

88,813

Other creditors

67,346

49,280

162,096

138,093

7.	RELATED PARTY DISCLOSURES

Dorset Mews LLP

The company continued it's trade in distribution rights as a member of the Dorset Mews LLP whose accounting

period is to the 31st January .

Directors

The directors loaned the company £174,914 in the year subsequently £108,295 has been repaid to the directors

leaving a balance of £66,619 owed to the directors

8.	VALUE ADJUSTMENTS ON FIXED AND CURRENT ASSETS

31.01.17

31.01.16

Stocks

38,418

21,892

Debtors

1,581

5,890

Bank

117

82

Less Creditors

(606

)

(985

)

Net current assets

39,510

26,879