Abbreviated Company Accounts - AGECREST LIMITED

07368936 AGECREST LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 07368936 2013-10-01 2014-09-30 07368936 2014-09-30 07368936 2013-09-30 07368936 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 07368936 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 07368936

AGECREST LIMITED

Abbreviated Accounts

30 September 2014

AGECREST LIMITED Registered Number 07368936

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	62,518	68,178
		62,518	68,178
Current assets
Debtors		374,894	175,009
Cash at bank and in hand		18,198	12,153
		393,092	187,162
Creditors: amounts falling due within one year		(444,729)	(353,172)
Net current assets (liabilities)		(51,637)	(166,010)
Total assets less current liabilities		10,881	(97,832)
Total net assets (liabilities)		10,881	(97,832)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		10,781	(97,932)
Shareholders' funds		10,881	(97,832)

For the year ending 30 September 2014 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 16 June 2015

And signed on their behalf by:
Julian Rout, Director

AGECREST LIMITED Registered Number 07368936

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold Over the life of the lease
Fixtures, fittings & equipment 25% Straight Line
Motor vehicles 25% Straight Line

Other accounting policies
Ultimate parent company
The ultimate parent company is Specialist Installations (London) Limited, a company registered in England and Wales.

2Tangible fixed assets

	£
Cost
At 1 October 2013	77,140
Additions	5,630
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	82,770
Depreciation
At 1 October 2013	8,962
Charge for the year	11,290
On disposals	-
At 30 September 2014	20,252
Net book values
At 30 September 2014	62,518
At 30 September 2013	68,178

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100