A G Finance (Scotland) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC281499 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2015

for

A G Finance (Scotland) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A H Glover

SECRETARY:

Mrs M M C Glover

REGISTERED OFFICE:

Hall of Barnweill

Craigie

Kilmarnock

Ayrshire

KA1 5NE

REGISTERED NUMBER:

SC281499 (Scotland)

ACCOUNTANTS:

Stevenson Ferguson & Company Limited

15 Parish Gardens

SYMINGTON

Ayrshire

KA1 5SB

FIXED ASSETS

Tangible assets

2

38,515

25,200

CURRENT ASSETS

Debtors

698,928

523,282

Cash at bank and in hand

226,728

150,110

925,656

673,392

CREDITORS

Amounts falling due within one year

169,328

61,508

NET CURRENT ASSETS

756,328

611,884

TOTAL ASSETS LESS CURRENT LIABILITIES

794,843

637,084

PROVISIONS FOR LIABILITIES

3,116

942

NET ASSETS

791,727

636,142

CAPITAL AND RESERVES

Called up share capital

3

153

100

Profit and loss account

791,574

636,042

SHAREHOLDERS' FUNDS

791,727

636,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5th August 2015 and were signed by:

Mr A H Glover - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

50,354

Additions

33,568

Disposals

(15,074

)

At 31st March 2015

68,848

DEPRECIATION

At 1st April 2014

25,154

Charge for year

11,753

Eliminated on disposal

(6,574

)

At 31st March 2015

30,333

NET BOOK VALUE

At 31st March 2015

38,515

At 31st March 2014

25,200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

153

ORDINARY

£1

153

100

(31.3.14 - 100 )