Abbreviated Company Accounts - A & G PROPERTIES LIMITED

A & G PROPERTIES LIMITED - Company Information

06533366 A & G PROPERTIES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06533366 2013-04-01 2014-03-31 06533366 2014-03-31 06533366 2013-03-31 06533366 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06533366 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06533366

A & G PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

A & G PROPERTIES LIMITED Registered Number 06533366

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	200,500	200,912
		200,500	200,912
Current assets
Cash at bank and in hand		957	484
		957	484
Creditors: amounts falling due within one year		(57,677)	(58,753)
Net current assets (liabilities)		(56,720)	(58,269)
Total assets less current liabilities		143,780	142,643
Creditors: amounts falling due after more than one year		(62,665)	(62,623)
Total net assets (liabilities)		81,115	80,020
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		65,663	65,663
Profit and loss account		15,450	14,355
Shareholders' funds		81,115	80,020

For the year ending 31 March 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 November 2014

And signed on their behalf by:
C D Gardner, Director

A & G PROPERTIES LIMITED Registered Number 06533366

Notes to the Abbreviated Accounts for the period ended 31 March 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 value, net of value added tax of rental income received

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Freehold property 0%
Fixtures and Fittings 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	201,794
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	201,794
Depreciation
At 1 April 2013	882
Charge for the year	412
On disposals	-
At 31 March 2014	1,294
Net book values
At 31 March 2014	200,500
At 31 March 2013	200,912

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

	2014 £	2013 £
2 Deferred shares of £1 each	2	2