Company Registration No. 08332814 (England and Wales)
A & G BUSINESS SOLUTIONS lTD
Unaudited accounts
for the year ended 31 December 2023
A & G BUSINESS SOLUTIONS lTD
Unaudited accounts
Contents
A & G BUSINESS SOLUTIONS lTD
Company Information
for the year ended 31 December 2023
Director
Anura Gunasekara Alagiyawanna Mohottalage
Company Number
08332814 (England and Wales)
Registered Office
5 Saunders Field
Langley Park
Maidstone
Kent
ME17 3GR
United Kingdom
A & G BUSINESS SOLUTIONS lTD
Statement of financial position
as at 31 December 2023
Tangible assets
20,265
25,058
Cash at bank and in hand
(106)
(535)
Creditors: amounts falling due within one year
(11,801)
(39,277)
Net current liabilities
(11,767)
(15,047)
Total assets less current liabilities
8,498
10,011
Creditors: amounts falling due after more than one year
(14,552)
(19,355)
Net liabilities
(6,054)
(9,344)
Called up share capital
100
100
Profit and loss account
(6,154)
(9,444)
Shareholders' funds
(6,054)
(9,344)
For the year ending 31 December 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 September 2024 and were signed on its behalf by
Anura Gunasekara Alagiyawanna Mohottalage
Director
Company Registration No. 08332814
A & G BUSINESS SOLUTIONS lTD
Notes to the Accounts
for the year ended 31 December 2023
A & G BUSINESS SOLUTIONS lTD is a private company, limited by shares, registered in England and Wales, registration number 08332814. The registered office is 5 Saunders Field, Langley Park, Maidstone, Kent, ME17 3GR, 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
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 12.5% reducing balance method
Equipment - 12.5% reducing balance method
Motor Vehicle - 20% reducing balance method
A & G BUSINESS SOLUTIONS lTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
26,699
6,250
20,538
53,487
At 31 December 2023
26,699
6,499
20,538
53,736
At 1 January 2023
9,612
4,533
14,284
28,429
Charge for the year
3,417
1,625
-
5,042
At 31 December 2023
13,029
6,158
14,284
33,471
At 31 December 2023
13,670
341
6,254
20,265
At 31 December 2022
17,087
1,717
6,254
25,058
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,357
-
Obligations under finance leases and hire purchase contracts
5,140
6,890
Taxes and social security
1,997
-
Loans from directors
307
32,387
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,995
11,584
Taxes and social security
508
996
8
Average number of employees
During the year the average number of employees was 0 (2022: 1).