Registered number
04363242
AGZ Limited
Abbreviated Accounts
31 December 2012
AGZ Limited
Registered number: 04363242
Abbreviated Balance Sheet
as at 31 December 2012
Notes 2012 2011
Current assets
Debtors 157,147 102,563
Cash at bank and in hand 28,030 30,154
185,177 132,717
Creditors: amounts falling due within one year (54,179) (1,000)
Net current assets 130,998 131,717
Net assets 130,998 131,717
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 130,996 131,715
Shareholder's funds 130,998 131,717
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
G A J Gardner
Director
Approved by the board on 2 August 2013
AGZ Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2012
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
The Company is engaged in the provision of services to customers in continental Europe and raises invoices and incurs expenses in euros and for this reason the financial records anre maintained and these financial statements are denominated in that currency. Transactions in currencies other than the euro are translated at the official exchange rate. Monetary assets and liabilities denominated in currencies other than the euro are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
2 Share capital Nominal 2012 2012 2011
value Number
Allotted, called up and fully paid:
Ordinary shares £1 each 1 2 2
3 Transactions with directors
During the year the following amounts were payable by the company to the following company whose director is also a director of AGZ Limited, in respect of management charges and accountancy fees:
JPCA Limited (Director: G A J Gardner) £ - (2011 - £ 2,772.)
AGZ Limited 04363242 false true 2012-01-01 2012-12-31 2012-12-31 G A J Gardner 04363242 uk-bus:OrdinaryShareClass1 2011-12-31 04363242 2012-01-01 2012-12-31 04363242 uk-bus:Director40 2012-01-01 2012-12-31 04363242 uk-bus:OrdinaryShareClass1 2012-01-01 2012-12-31 04363242 2012-12-31 04363242 uk-bus:OrdinaryShareClass1 2012-12-31 04363242 2011-12-31 iso4217:EUR xbrli:shares