Abbreviated Company Accounts - AG. BRANDS LTD.

07371356 AG. BRANDS LTD. 2013-09-30 false 2012-10-01 2013-09-30 true 07371356 2012-10-01 2013-09-30 07371356 2013-09-30 07371356 2012-09-30 07371356 uk-gaap-cd-bus:Director1 2012-10-01 2013-09-30 07371356 uk-gaap-cd-bus:Director2 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-09-30 iso4217:GBP shares

Registered Number 07371356

AG. BRANDS LTD.

Abbreviated Accounts

30 September 2013

AG. BRANDS LTD. Registered Number 07371356

Abbreviated Balance Sheet as at 30 September 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	100
Fixed assets
Tangible assets	2	896	-
		896	-
Current assets
Stocks		78,500	-
Debtors		40,170	-
Cash at bank and in hand		4,031	-
		122,701	-
Creditors: amounts falling due within one year		(122,046)	-
Net current assets (liabilities)		655	-
Total assets less current liabilities		1,551	100
Provisions for liabilities		(179)	-
Total net assets (liabilities)		1,372	100
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,272	-
Shareholders' funds		1,372	100

For the year ending 30 September 2013 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 30 June 2014

And signed on their behalf by:
Mr George Hadjisymeou, Director

AG. BRANDS LTD. Registered Number 07371356

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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 net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Equipment, fixtures and fittings 25% on RBM

Valuation information and policy
At the balance sheet date, Mr George Hadjisymeou was owed by the Company £89,470 ( in 2012 :£nil) which is interest free loan to the company.

At the balance sheet date Mr G Hadjisymeou and Mrs Anna Hadjisymeou owns 50% shares each in the company and is therefore they are ultimate controlling parties.

2Tangible fixed assets

	£
Cost
At 1 October 2012	-
Additions	1,194
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2013	1,194
Depreciation
At 1 October 2012	-
Charge for the year	298
On disposals	-
At 30 September 2013	298
Net book values
At 30 September 2013	896
At 30 September 2012	-

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100