Company Registration No. 09119380 (England and Wales)
AGS Roofing & Building Supplies Ltd
Unaudited accounts
for the year ended 31 July 2023
AGS Roofing & Building Supplies Ltd
Unaudited accounts
Contents
AGS Roofing & Building Supplies Ltd
Company Information
for the year ended 31 July 2023
Director
Andrew Grant Speakman
Company Number
09119380 (England and Wales)
Registered Office
247 Church Street
London
N16 9HP
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
AGS Roofing & Building Supplies Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
17,717
8,339
Cash at bank and in hand
14,214
12,136
Creditors: amounts falling due within one year
(28,210)
(35,682)
Net current assets/(liabilities)
3,538
(3,952)
Total assets less current liabilities
21,255
4,387
Creditors: amounts falling due after more than one year
(21,054)
(50,404)
Net assets/(liabilities)
201
(46,017)
Called up share capital
100
100
Profit and loss account
101
(46,117)
Shareholders' funds
201
(46,017)
For the year ending 31 July 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 29 January 2024 and were signed on its behalf by
Andrew Grant Speakman
Director
Company Registration No. 09119380
AGS Roofing & Building Supplies Ltd
Notes to the Accounts
for the year ended 31 July 2023
AGS Roofing & Building Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 09119380. The registered office is 247 Church Street, London, N16 9HP.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
-
30,775
2,918
33,693
Additions
248
21,995
-
22,243
Disposals
-
(13,150)
-
(13,150)
At 31 July 2023
248
39,620
2,918
42,786
At 1 August 2022
-
24,200
1,154
25,354
Charge for the year
62
5,499
729
6,290
On disposals
-
(6,575)
-
(6,575)
At 31 July 2023
62
23,124
1,883
25,069
At 31 July 2023
186
16,496
1,035
17,717
At 31 July 2022
-
6,575
1,764
8,339
AGS Roofing & Building Supplies Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due after more than one year
Trade debtors
17,534
19,594
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
11,812
16,425
Loans from directors
185
14,522
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
21,054
50,404
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company was under the control of Mr Andrew Speakman throughout the current and previous year. Mr Speakman is the managing director and sole shareholder.
There are no transactions with related parties such as are required to be reported under the financial reporting standards for small companies.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).