AGB Scaffolding Services Ltd - Accounts to registrar (filleted) - small 23.1.2
AGB Scaffolding Services Ltd - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements For The Year Ended 31 July 2022 |
| for |
| AGB Scaffolding Services Ltd |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Contents of the Financial Statements |
| For The Year Ended 31 July 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| AGB Scaffolding Services Ltd |
| Company Information |
| For The Year Ended 31 July 2022 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Osborne House |
| 143-145 Stanwell Road |
| Ashford |
| Middlesex |
| TW15 3QN |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Balance Sheet |
| 31 July 2022 |
| 31/7/22 | 31/7/21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Balance Sheet - continued |
| 31 July 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Notes to the Financial Statements |
| For The Year Ended 31 July 2022 |
| 1. | STATUTORY INFORMATION |
| AGB Scaffolding Services Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 July 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Going concern |
| The Covid 19 pandemic has given rise to uncertainties in relation to the company's future activity and whether it can continue as a going concern. |
| The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future and accordingly these financial statements have been prepared on a going concern basis. |
| However, the director is also aware of uncertainties which may cause doubt on the company's ability to continue as a going concern. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2021 |
| and 31 July 2022 |
| DEPRECIATION |
| At 1 August 2021 |
| Charge for year |
| At 31 July 2022 |
| NET BOOK VALUE |
| At 31 July 2022 |
| At 31 July 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/22 | 31/7/21 |
| £ | £ |
| Trade debtors |
| Other debtors |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 July 2022 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/22 | 31/7/21 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/7/22 | 31/7/21 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 August 2021 | ( |
) |
| Profit for the year |
| Dividends | ( |
) |
| At 31 July 2022 |
| 9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 July 2022 and 31 July 2021: |
| 31/7/22 | 31/7/21 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| AGB Scaffolding Services Ltd (Registered number: 05889856) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 July 2022 |
| 9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued |
| The loan is subject to interest at 2,5% and £663 interest has been charged to the account during the year. |
| The balance of £48,985 is included in other debtors in note 6. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A J Benford. |