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REGISTERED NUMBER: 11400511 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

A.G. Sharepoint Solutions Ltd

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


A.G. Sharepoint Solutions Ltd

COMPANY INFORMATION
for the year ended 31 March 2024







Director: A R Gooding





Registered office: Abacus House
129 North Hill
Plymouth
Devon
PL4 8JY





Business address: 5 Harwood Avenue
Tamerton Foliot
Plymouth
Devon
PL5 4NU





Registered number: 11400511 (England and Wales)





Accountants: Nigel Webster & Co
129 North Hill
Plymouth
Devon
PL4 8JY

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 9,768 32,628

Current assets
Debtors 5 42,660 11,808
Cash at bank 11,206 10,983
53,866 22,791
Creditors
Amounts falling due within one year 6 30,889 23,521
Net current assets/(liabilities) 22,977 (730 )
Total assets less current liabilities 32,745 31,898

Creditors
Amounts falling due after more than
one year

7

-

(1,979

)

Provisions for liabilities 8 (1,900 ) (6,200 )
Net assets 30,845 23,719

Capital and reserves
Called up share capital 9 100 100
Retained earnings 30,745 23,619
Shareholders' funds 30,845 23,719

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

BALANCE SHEET - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2024 and were signed by:





A R Gooding - Director


A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

A.G. Sharepoint Solutions Ltd is a private company, limited by shares, registered in Enlgand and Wales. The company's registered number, registered office address and business address can be found on the company information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration receivable from the rendering of services and based upon amounts invoiced in the year net of VAT. Any amounts invoiced in respect of re-imbursable costs are deducted from the relevant expense and not included in turnover.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% - 50% on cost
Motor vehicles - 20% on reducing balance
Fixtures & fittings - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Hire purchase and leasing commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor Fixtures
Equipment vehicles & fittings Totals
£    £    £    £   
Cost
At 1 April 2023 25,367 35,695 2,026 63,088
Additions 1,545 - 384 1,929
Disposals - (29,695 ) - (29,695 )
At 31 March 2024 26,912 6,000 2,410 35,322
Depreciation
At 1 April 2023 17,475 12,376 609 30,460
Charge for year 3,125 1,516 212 4,853
Eliminated on disposal - (9,759 ) - (9,759 )
At 31 March 2024 20,600 4,133 821 25,554
Net book value
At 31 March 2024 6,312 1,867 1,589 9,768
At 31 March 2023 7,892 23,319 1,417 32,628

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,880 9,202
Other debtors 35,780 2,606
42,660 11,808

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 11,551
Taxation and social security 28,021 9,204
Other creditors 2,868 2,766
30,889 23,521

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,979

A.G. Sharepoint Solutions Ltd (Registered number: 11400511)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,900 6,200

Deferred
tax
£   
Balance at 1 April 2023 6,200
Provided during year (4,300 )
Balance at 31 March 2024 1,900

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
A R Gooding
Balance outstanding at start of year (1,116 ) (6,370 )
Amounts advanced 77,010 36,571
Amounts repaid (41,076 ) (31,317 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,818 (1,116 )

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed the following amounts from related parties:

A R Gooding Director and shareholder £34,818

Interest of £384 has been charged on overdrawn amounts.

12. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the director, A R Gooding.