AGI Global Logistics Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07552812 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

AGI GLOBAL LOGISTICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Sands

A P Wigginton

D C Kendry

REGISTERED OFFICE:

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

07552812 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

2

3,569

5,141

Investments

3

-

16

3,569

5,157

CURRENT ASSETS

Debtors

381,912

355,553

Cash at bank and in hand

100,158

7,270

482,070

362,823

CREDITORS

Amounts falling due within one year

447,953

348,693

NET CURRENT ASSETS

34,117

14,130

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,686

19,287

CAPITAL AND RESERVES

Called up share capital

4

300

Profit and loss account

37,386

18,987

SHAREHOLDERS' FUNDS

37,686

19,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 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 15 March 2017 and were
signed on its behalf by:

S J Sands - Director

A P Wigginton - 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 January

2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

Straight line over 3 years

Motor vehicles

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of

exchange ruling at the balance sheet date. Transactions in foreign currencies are translated

into sterling at the rate of exchange ruling at the date of transaction. Exchange differences

are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

7,432

Additions

1,021

At 30 November 2016

8,453

DEPRECIATION

At 1 December 2015

2,291

Charge for year

2,593

At 30 November 2016

4,884

NET BOOK VALUE

At 30 November 2016

3,569

At 30 November 2015

5,141

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 December 2015

16

Disposals

(16

)

At 30 November 2016

-

NET BOOK VALUE

At 30 November 2016

-

At 30 November 2015

16

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

300

5.	ULTIMATE PARENT COMPANY

Atlantic Group International Limited is regarded by the directors as being the company's

ultimate parent company.