AGS SECURITY SYSTEMS LIMITED

Company Registration Number:
04710897 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

AGS SECURITY SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

AGS SECURITY SYSTEMS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 3,708 4,944
Total fixed assets: 3,708 4,944
Current assets
Stocks: 147,141 106,722
Debtors: 4 534,152 537,603
Cash at bank and in hand: 207 18,785
Total current assets: 681,500 663,110
Creditors: amounts falling due within one year: 5 (485,969) (396,207)
Net current assets (liabilities): 195,531 266,903
Total assets less current liabilities: 199,239 271,847
Creditors: amounts falling due after more than one year: 6 (126,333) (196,015)
Provision for liabilities: (3,662) (3,662)
Total net assets (liabilities): 69,244 72,170
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 68,244 71,170
Shareholders funds: 69,244 72,170

The notes form part of these financial statements

AGS SECURITY SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2024
and signed on behalf of the board by:

Name: J Turner
Status: Director

The notes form part of these financial statements

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 16 16

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 36,816
At 31 March 2023 36,816
Depreciation
At 01 April 2022 31,872
Charge for year 1,236
At 31 March 2023 33,108
Net book value
At 31 March 2023 3,708
At 31 March 2022 4,944

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £170,931Trade creditors £156,113Taxes and social security £150,979Other creditors £5,695Accruals and deferred income £2,251

AGS SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £126,333