Micro-entity Accounts

04179678 AGL LTD 2017-03-31 false 2016-04-01 2017-03-31 true 04179678 2016-04-01 2017-03-31 04179678 2017-03-31 04179678 2016-03-31 04179678 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 04179678 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 04179678 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 04179678

AGL LTD

31 March 2017

AGL LTD Registered Number 04179678

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Intangible assets	1	154,334	167,195
Tangible assets	2	16,719	18,229
		171,053	185,424
Current assets
Stocks		2,800	2,500
Cash at bank and in hand		191,183	116,196
		193,983	118,696
Creditors: amounts falling due within one year		(187,073)	(180,966)
Net current assets (liabilities)		6,910	(62,270)
Total assets less current liabilities		177,963	123,154
Total net assets (liabilities)		177,963	123,154
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		177,961	123,152
Shareholders' funds		177,963	123,154

For the year ending 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2017

And signed on their behalf by:
Mrs.A.LEUNG, Director

AGL LTD Registered Number 04179678

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Intangible fixed assets

	£
Cost
At 1 April 2016	231,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	231,500
Amortisation
At 1 April 2016	64,305
Charge for the year	12,861
On disposals	-
At 31 March 2017	77,166
Net book values
At 31 March 2017	154,334
At 31 March 2016	167,195

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - Over life of lease (18 years)

2Tangible fixed assets

	£
Cost
At 1 April 2016	91,844
Additions	4,227
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	96,071
Depreciation
At 1 April 2016	73,615
Charge for the year	5,737
On disposals	-
At 31 March 2017	79,352
Net book values
At 31 March 2017	16,719
At 31 March 2016	18,229

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 15%pa on cost
Fixtures & Fittings - 15%pa on cost
Motor Vehicles - 25%pa on cost

3Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
2 Ordinary shares of £1 each	2	2