Abbreviated Company Accounts - A.G.M. SERVICES LIMITED

02868430 A.G.M. SERVICES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02868430 2015-04-01 2016-03-31 02868430 2016-03-31 02868430 2015-03-31 02868430 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02868430 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 02868430

A.G.M. SERVICES LIMITED

Abbreviated Accounts

31 March 2016

A.G.M. SERVICES LIMITED Registered Number 02868430

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	193,374	246,137
		193,374	246,137
Current assets
Stocks		216,563	182,191
Debtors		484,127	391,810
Cash at bank and in hand		335,990	239,939
		1,036,680	813,940
Creditors: amounts falling due within one year	3	(534,470)	(398,205)
Net current assets (liabilities)		502,210	415,735
Total assets less current liabilities		695,584	661,872
Creditors: amounts falling due after more than one year	3	(30,396)	(68,194)
Provisions for liabilities		(22,217)	(36,407)
Total net assets (liabilities)		642,971	557,271
Capital and reserves
Called up share capital	4	200	200
Profit and loss account		642,771	557,071
Shareholders' funds		642,971	557,271

For the year ending 31 March 2016 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 18 November 2016

And signed on their behalf by:
N A R MORRISON, Director

A.G.M. SERVICES LIMITED Registered Number 02868430

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015).

Turnover policy
Turnover represents the value of goods sold and services provided, excluding VAT.

Tangible assets depreciation policy
Depreciation has been provided on a straight line basis at the following annual rates, with a proportional charge in the year of acquisition, in order to write off the cost of tangible fixed assets, less their estimated residual values, over their estimated useful economic lives:
Plant and machinery 25%
Office equipment 25%
Motor vehicles 25%

Valuation information and policy
Stocks are stated at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	402,102
Additions	51,796
Disposals	(101,151)
Revaluations	-
Transfers	-
At 31 March 2016	352,747
Depreciation
At 1 April 2015	155,965
Charge for the year	75,678
On disposals	(72,270)
At 31 March 2016	159,373
Net book values
At 31 March 2016	193,374
At 31 March 2015	246,137

3Creditors

	2016 £	2015 £
Secured Debts	83,973	131,094

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
200 Ordinary shares of £1 each	200	200