A.G.N. Constructions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC158978 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

A.g.n. Constructions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G R Najafian

A A Najafian

SECRETARY:

A A Najafian

REGISTERED OFFICE:

13 Royal Crescent

Glasgow

G3 7SL

REGISTERED NUMBER:

SC158978 (Scotland)

ACCOUNTANTS:

Rimmington Thomson Partnership

13 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

2

106,334

108,037

CURRENT ASSETS

Debtors

1,917,294

1,834,108

Cash at bank and in hand

1,251

250

1,918,545

1,834,358

CREDITORS

Amounts falling due within one year

1,200,223

1,158,411

NET CURRENT ASSETS

718,322

675,947

TOTAL ASSETS LESS CURRENT
LIABILITIES

824,656

783,984

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

824,556

783,884

SHAREHOLDERS' FUNDS

824,656

783,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 December 2016 and were signed
on its behalf by:

A A Najafian - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and 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 etc

-

33% on reducing balance and 25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

306,175

Additions

1,300

At 31 March 2016

307,475

DEPRECIATION

At 1 April 2015

198,138

Charge for year

3,003

At 31 March 2016

201,141

NET BOOK VALUE

At 31 March 2016

106,334

At 31 March 2015

108,037

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100