AG Construction (UK) Ltd - Limited company - abbreviated - 11.9

AG Construction (UK) Ltd - Limited company - abbreviated - 11.9

AG CONSTRUCTION (UK) LTD - Company Information

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REGISTERED NUMBER: 04795778 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

AG CONSTRUCTION (UK) LTD

AG CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 04795778)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

AG CONSTRUCTION (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2015







DIRECTORS: G Hardcastle
G Thorpe





REGISTERED OFFICE: 12 Clinton Drive
Sleaford
Lincolnshire
NG34 7LU





REGISTERED NUMBER: 04795778 (England and Wales)





ACCOUNTANTS: Russell Payne & Co Limited
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN
Page 1
AG CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 04795778)

ABBREVIATED BALANCE SHEET
30 JUNE 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 24,000 27,000
Tangible assets 3 19,036 11,441
43,036 38,441

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 18,093 19,053
Cash at bank 16,574 10,165
36,667 31,218
CREDITORS
Amounts falling due within one year 4 74,847 66,940
NET CURRENT LIABILITIES (38,180 ) (35,722 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,856
2,719

PROVISIONS FOR LIABILITIES 1,742 1,742
NET ASSETS 3,114 977

CAPITAL AND RESERVES
Called up share capital 5 8 8
Profit and loss account 3,106 969
SHAREHOLDERS' FUNDS 3,114 977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
AG CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 04795778)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2015


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 Board of Directors on 30 March 2016 and were signed on its behalf by:





G Hardcastle - Director


The notes form part of these abbreviated accounts

Page 3
AG CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 04795778)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015

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 goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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 - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2014
and 30 June 2015 60,000
AMORTISATION
At 1 July 2014 33,000
Amortisation for year 3,000
At 30 June 2015 36,000
NET BOOK VALUE

At 30 June 2015 24,000
At 30 June 2014 27,000

Page 4 continued...
AG CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 04795778)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2014 28,910
Additions 12,000
At 30 June 2015 40,910
DEPRECIATION
At 1 July 2014 17,469
Charge for year 4,405
At 30 June 2015 21,874
NET BOOK VALUE
At 30 June 2015 19,036
At 30 June 2014 11,441

4. CREDITORS

Creditors include an amount of £ 16,375 (2014 - £ 7,211 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
8 Ordinary £1 8 8

Page 5