Company Registration No. SC641573 (Scotland)
AG MEATS LIMITED
Unaudited accounts
for the year ended 30 September 2023
AG MEATS LIMITED
Unaudited accounts
Contents
AG MEATS LIMITED
Company Information
for the year ended 30 September 2023
Company Number
SC641573 (Scotland)
Registered Office
258Q HAMILTON RD CAMBUSLANG
GLASGOW
SOUTH LANARKSHIRE
G72 7PF
UNITED KINGDOM
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
AG MEATS LIMITED
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
332,443
389,887
Creditors: amounts falling due within one year
(7,846)
(111,112)
Net current assets
324,748
337,809
Net assets
325,205
338,347
Called up share capital
50
50
Profit and loss account
325,155
338,297
Shareholders' funds
325,205
338,347
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2023 and were signed on its behalf by
ALAN GRIER
Director
Company Registration No. SC641573
AG MEATS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
AG MEATS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC641573. The registered office is 258Q HAMILTON RD CAMBUSLANG, GLASGOW, SOUTH LANARKSHIRE, G72 7PF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance.
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
AG MEATS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,380
56,196
Loans from directors
266
47,147
7
Transactions with related parties
During the year , dividends of £44,000 ( 2022 £ 25,000 ) were paid to the director.
The controlling party is the director Alan Grier.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).