A.G.L. Accountancy Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04752712 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

A.G.L. Accountancy Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A G Laird

Mrs S A Laird

SECRETARY:

Mrs S A Laird

REGISTERED OFFICE:

Flat 2

20 Harlow Moor Drive

Harrogate

North Yorkshire

HG2 0JX

REGISTERED NUMBER:

04752712 (England and Wales)

ACCOUNTANTS:

A.G.L. Accountancy Services Limited

Flat 2

20 Harlow Moor Drive

Harrogate

North Yorkshire

HG2 0JX

FIXED ASSETS

Intangible assets

2

-

2,200

Tangible assets

3

1,310

490

1,310

2,690

CURRENT ASSETS

Debtors

8,872

12,982

Cash at bank and in hand

20,417

25,691

29,289

38,673

CREDITORS

Amounts falling due within one year

27,353

17,268

NET CURRENT ASSETS

1,936

21,405

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,246

24,095

CREDITORS

Amounts falling due after more than one
year

550

269

NET ASSETS

2,696

23,826

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

2,694

23,824

SHAREHOLDERS' FUNDS

2,696

23,826

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 18 December 2016 and were signed on its behalf
by:

A G Laird - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

In 2006 the Goodwill purchased will be written off also over a ten year period.

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

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

37,000

AMORTISATION

At 1 April 2015

34,800

Amortisation for year

2,200

At 31 March 2016

37,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

2,200

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,031

Additions

985

At 31 March 2016

3,016

DEPRECIATION

At 1 April 2015

1,541

Charge for year

165

At 31 March 2016

1,706

NET BOOK VALUE

At 31 March 2016

1,310

At 31 March 2015

490

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2