AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Company Registration Number:
09855248 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 41,984 49,752
Total fixed assets: 41,984 49,752
Current assets
Debtors:   76,308 82,662
Cash at bank and in hand: 263,137 113,319
Total current assets: 339,445 195,981
Creditors: amounts falling due within one year:   (161,558) (109,877)
Net current assets (liabilities): 177,887 86,104
Total assets less current liabilities: 219,871 135,856
Creditors: amounts falling due after more than one year:   (17,068) (17,883)
Total net assets (liabilities): 202,803 117,973
Capital and reserves
Called up share capital: 110 110
Profit and loss account: 202,693 117,863
Shareholders funds: 202,803 117,973

The notes form part of these financial statements

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Balance sheet statements

For the year ending 30 November 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 11 April 2024
and signed on behalf of the board by:

Name: A Stevenson
Status: Director

The notes form part of these financial statements

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Plant and machinery - 25% reducing balanceMotor vehicles - 25% straight lineIf there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Defined contribution plansContributions to defined contribution plans are recognised as an expense in the period in which therelated service is provided. Prepaid contributions are recognised as an asset to the extent that theprepayment will lead to a reduction in future payments or a cash refund.When contributions are not expected to be settled wholly within 12 months of the end of the reportingdate in which the employees render the related service, the liability is measured on a discountedpresent value basis. The unwinding of the discount is recognised in finance costs in profit or loss in theperiod in which it arises.

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 7 5

AGS CARPENTRY & MAINTENANCE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 148,802
Additions 24,710
At 30 November 2023 173,512
Depreciation
At 01 December 2022 99,050
Charge for year 32,478
At 30 November 2023 131,528
Net book value
At 30 November 2023 41,984
At 30 November 2022 49,752