Registered Number 06861306

AGSS LIMITED

Abbreviated Accounts

31 March 2013

AGSS LIMITED Registered Number 06861306

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 4,015 5,160
4,015 5,160
Current assets
Debtors 900 4,000
Cash at bank and in hand 407 220
1,307 4,220
Creditors: amounts falling due within one year (5,124) (9,150)
Net current assets (liabilities) (3,817) (4,930)
Total assets less current liabilities 198 230
Total net assets (liabilities) 198 230
Capital and reserves
Called up share capital 1 1
Profit and loss account 197 229
Shareholders' funds 198 230
  • For the year ending 31 March 2013 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 May 2013

And signed on their behalf by:
Mr A Gray, Director

AGSS LIMITED Registered Number 06861306

Notes to the Abbreviated Accounts for the period ended 31 March 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
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:
Motor equipment- 25% reducing balance
Equipment- 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2012 10,048
Additions 194
Disposals -
Revaluations -
Transfers -
At 31 March 2013 10,242
Depreciation
At 1 April 2012 4,888
Charge for the year 1,339
On disposals -
At 31 March 2013 6,227
Net book values
At 31 March 2013 4,015
At 31 March 2012 5,160