REGISTERED NUMBER: 03125254 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

Agora Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Haycock

C Haycock

SECRETARY:

S Haycock

REGISTERED OFFICE:

Telford Way

Kettering

Northamptonshire

NN16 8YZ

REGISTERED NUMBER:

03125254 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,657

162

CURRENT ASSETS

Stocks

39,150

4,450

Debtors

3

33,364

17,712

Cash at bank

154,383

105,415

226,897

127,577

CREDITORS

Amounts falling due within one year

4

64,650

62,105

NET CURRENT ASSETS

162,247

65,472

TOTAL ASSETS LESS CURRENT LIABILITIES

163,904

65,634

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

6

163,804

65,534

SHAREHOLDERS' FUNDS

163,904

65,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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.

The financial statements were approved by the Board of Directors on 12 August 2017 and were signed on its behalf by:

S Haycock - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement in accordance with the Financial Reporting

Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% on cost

Office equipment

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

No deferred tax reserve is considered necessary.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

2.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2015

110,950

Additions

1,932

At 30 November 2016

112,882

DEPRECIATION

At 1 December 2015

110,788

Charge for year

437

At 30 November 2016

111,225

NET BOOK VALUE

At 30 November 2016

1,657

At 30 November 2015

162

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.16

30.11.15

£

£

Trade debtors

18,142

13,846

Other debtors

15,222

3,866

33,364

17,712

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.16

30.11.15

£

£

Other loans

650

650

Trade creditors

49,739

3,470

Tax

10,841

-

Social security and other taxes

1,420

10,244

Advance payments

-

46,391

Accrued expenses

2,000

1,350

64,650

62,105

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

100

Ordinary

£1

100

100

6.

RESERVES

Retained

earnings

£

At 1 December 2015

65,534

Profit for the year

98,270

At 30 November 2016

163,804

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr C Haycock and Mr S Haycock both of whom are directors of the

Company.