REGISTERED NUMBER: SC149053 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

A & G Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Adams

SECRETARY:

A Adams

REGISTERED OFFICE:

Langdon

Kings Road

Stonehaven

Kincardineshire

AB39 2HB

REGISTERED NUMBER:

SC149053 (Scotland)

ACCOUNTANTS:

Carnegie Knox (Scotland) Limited

R & A House Woodburn Road

Blackburn

Aberdeen

Aberdeenshire

AB21 0PS

FIXED ASSETS

Property, plant and equipment

3

-

108

CURRENT ASSETS

Debtors

4

-

3,062

Cash at bank and in hand

1,145

3,871

1,145

6,933

CREDITORS

Amounts falling due within one year

5

-

(882

)

NET CURRENT ASSETS

1,145

7,815

TOTAL ASSETS LESS CURRENT LIABILITIES

1,145

7,923

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

1,045

7,823

SHAREHOLDERS' FUNDS

1,145

7,923

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 3 July 2018 and were signed by:

B Adams - Director

1.	STATUTORY INFORMATION

A & G Associates Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

40% on reducing balance

3.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 January 2017

and 31 December 2017

1,365

DEPRECIATION

At 1 January 2017

1,257

Charge for year

108

At 31 December 2017

1,365

NET BOOK VALUE

At 31 December 2017

-

At 31 December 2016

108

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

-

1,843

Tax

-

1,034

Prepayments and accrued income

-

185

-

3,062

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Tax

-

(1,986

)

Social security and other taxes

-

95

VAT

-

159

Accrued expenses

-

850

-

(882

)

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.17

31.12.16

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 January 2017

7,823

Deficit for the year

(1,278

)

Dividends

(5,500

)

At 31 December 2017

1,045

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B Adams.