IRIS Accounts Production v17.3.1.106 04029352 Board of Directors 1.4.16 31.3.17 31.3.17 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040293522016-03-31040293522017-03-31040293522016-04-012017-03-31040293522015-03-31040293522015-04-012016-03-31040293522016-03-3104029352ns15:EnglandWales2016-04-012017-03-3104029352ns14:PoundSterling2016-04-012017-03-3104029352ns10:Director12016-04-012017-03-3104029352ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3104029352ns10:SmallEntities2016-04-012017-03-3104029352ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3104029352ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3104029352ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3104029352ns10:FullAccounts2016-04-012017-03-3104029352ns10:OrdinaryShareClass12016-04-012017-03-3104029352ns10:OrdinaryShareClass22016-04-012017-03-3104029352ns10:OrdinaryShareClass32016-04-012017-03-3104029352ns10:Director22016-04-012017-03-3104029352ns10:RegisteredOffice2016-04-012017-03-3104029352ns5:CurrentFinancialInstruments2017-03-3104029352ns5:CurrentFinancialInstruments2016-03-3104029352ns5:ShareCapital2017-03-3104029352ns5:ShareCapital2016-03-3104029352ns5:RetainedEarningsAccumulatedLosses2017-03-3104029352ns5:RetainedEarningsAccumulatedLosses2016-03-3104029352ns5:PlantMachinery2016-04-012017-03-3104029352ns5:PlantMachinery2016-03-3104029352ns5:PlantMachinery2017-03-3104029352ns5:PlantMachinery2016-03-3104029352ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3104029352ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-3104029352ns10:OrdinaryShareClass12017-03-3104029352ns10:OrdinaryShareClass22017-03-3104029352ns10:OrdinaryShareClass32017-03-31


REGISTERED NUMBER: 04029352 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Ags Global Ltd.

Ags Global Ltd. (Registered number: 04029352)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ags Global Ltd.

Company Information
for the Year Ended 31 March 2017







DIRECTORS: A J Clarke
G A Matthews





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: 04029352 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Ags Global Ltd. (Registered number: 04029352)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82 110

CURRENT ASSETS
Stocks 1,500 1,743
Debtors 5 7,520 5,340
Cash at bank 11,762 16,191
20,782 23,274
CREDITORS
Amounts falling due within one year 6 19,562 22,998
NET CURRENT ASSETS 1,220 276
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,302

386

CAPITAL AND RESERVES
Called up share capital 7 150 150
Retained earnings 1,152 236
SHAREHOLDERS' FUNDS 1,302 386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 22 December 2017 and were signed on its behalf
by:





A J Clarke - Director


Ags Global Ltd. (Registered number: 04029352)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Ags Global 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 etc - 25% on reducing balance

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

Ags Global Ltd. (Registered number: 04029352)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016
and 31 March 2017 2,437
DEPRECIATION
At 1 April 2016 2,327
Charge for year 28
At 31 March 2017 2,355
NET BOOK VALUE
At 31 March 2017 82
At 31 March 2016 110

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 7,520 5,340

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Taxation and social security 236 861
Other creditors 19,326 22,137
19,562 22,998

7. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 31.3.17 31.3.16
value: £    £   
50 Ordinary A 1 50 50
50 Ordinary B 1 50 50
50 Ordinary C 1 50 50
150 150