Abbreviated Company Accounts - ANGLO-GULF AGENCIES LTD

ANGLO-GULF AGENCIES LTD - Company Information

03195936 ANGLO-GULF AGENCIES LTD 2014-04-05 false 2013-06-01 2014-04-05 true 03195936 2013-06-01 2014-04-05 03195936 2014-04-05 03195936 2013-05-31 03195936 uk-gaap-cd-bus:Director1 2013-06-01 2014-04-05 03195936 uk-gaap-cd-bus:Director2 2013-06-01 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-06-01 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass2 2013-05-31 iso4217:GBP shares

Registered Number 03195936

ANGLO-GULF AGENCIES LTD

Abbreviated Accounts

5 April 2014

ANGLO-GULF AGENCIES LTD Registered Number 03195936

Abbreviated Balance Sheet as at 5 April 2014

	Notes	05/04/2014	31/05/2013
		£	£
Fixed assets
Tangible assets	2	2,600	1,253
		2,600	1,253
Current assets
Debtors		33,000	42,040
Cash at bank and in hand		26,190	1,939
		59,190	43,979
Creditors: amounts falling due within one year		(52,169)	(34,454)
Net current assets (liabilities)		7,021	9,525
Total assets less current liabilities		9,621	10,778
Creditors: amounts falling due after more than one year		(5,000)	(5,000)
Accruals and deferred income		(800)	(700)
Total net assets (liabilities)		3,821	5,078
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		3,721	4,978
Shareholders' funds		3,821	5,078

For the year ending 5 April 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 12 September 2014

And signed on their behalf by:
MR M AL-SHAGGA, Director

ANGLO-GULF AGENCIES LTD Registered Number 03195936

Notes to the Abbreviated Accounts for the period ended 5 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the commission receivable invoiced at the end of every quarter

Tangible assets depreciation policy
Depreciation is provided so as to reduce fixed assets to their estimated residual value at the end of their anticipated useful economic lives at the following rate. Depreciation is provided for the full year for additions made during the year.

Office furniture and equipments @ 185p.a.

2Tangible fixed assets

	£
Cost
At 1 June 2013	10,001
Additions	1,917
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2014	11,918
Depreciation
At 1 June 2013	8,748
Charge for the year	570
On disposals	-
At 5 April 2014	9,318
Net book values
At 5 April 2014	2,600
At 31 May 2013	1,253

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

	05/04/2014 £	31/05/2013 £
50 Ordinary shares of £1 each	50	50
50 A Ordinary shares of £1 each	50	50