Acorah Software Products - Accounts Production 15.0.600 false true 30 January 2023 31 January 2022 false 31 January 2023 30 January 2024 30 January 2024 06047622 Mr Dennis Underwood Mr Marc Underwood Mr Marc Underwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06047622 2023-01-30 06047622 2024-01-30 06047622 2023-01-31 2024-01-30 06047622 frs-core:CurrentFinancialInstruments 2024-01-30 06047622 frs-core:MotorVehicles 2024-01-30 06047622 frs-core:MotorVehicles 2023-01-31 2024-01-30 06047622 frs-core:MotorVehicles 2023-01-30 06047622 frs-core:PlantMachinery 2024-01-30 06047622 frs-core:PlantMachinery 2023-01-31 2024-01-30 06047622 frs-core:PlantMachinery 2023-01-30 06047622 frs-core:ShareCapital 2024-01-30 06047622 frs-core:RetainedEarningsAccumulatedLosses 2024-01-30 06047622 frs-bus:PrivateLimitedCompanyLtd 2023-01-31 2024-01-30 06047622 frs-bus:FilletedAccounts 2023-01-31 2024-01-30 06047622 frs-bus:SmallEntities 2023-01-31 2024-01-30 06047622 frs-bus:AuditExempt-NoAccountantsReport 2023-01-31 2024-01-30 06047622 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-31 2024-01-30 06047622 frs-bus:Director1 2023-01-31 2024-01-30 06047622 frs-bus:Director2 2023-01-31 2024-01-30 06047622 frs-bus:CompanySecretary1 2023-01-31 2024-01-30 06047622 frs-countries:EnglandWales 2023-01-31 2024-01-30 06047622 2022-01-30 06047622 2023-01-30 06047622 2022-01-31 2023-01-30 06047622 frs-core:CurrentFinancialInstruments 2023-01-30 06047622 frs-core:ShareCapital 2023-01-30 06047622 frs-core:RetainedEarningsAccumulatedLosses 2023-01-30
Registered number: 06047622
AGS (Groundworks) Ltd
Financial Statements
For The Year Ended 30 January 2024
Avn Arena
Mill House
Dam Street
Lichfield
WS13 6AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06047622
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 936 1,248
936 1,248
CURRENT ASSETS
Debtors 5 20,689 20,639
Cash at bank and in hand 1,419 1,442
22,108 22,081
Creditors: Amounts Falling Due Within One Year 6 (857 ) (814 )
NET CURRENT ASSETS (LIABILITIES) 21,251 21,267
TOTAL ASSETS LESS CURRENT LIABILITIES 22,187 22,515
NET ASSETS 22,187 22,515
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 22,087 22,415
SHAREHOLDERS' FUNDS 22,187 22,515
Page 1
Page 2
For the year ending 30 January 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Dennis Underwood
Director
25th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AGS (Groundworks) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06047622 . The registered office is Avn Arena Norfolk Limited, 7, North Lynn Business Village, Bergen Way, Kings Lynn, Norfolk, PE30 2JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 31 January 2023 9,415 14,739 24,154
As at 30 January 2024 9,415 14,739 24,154
Depreciation
As at 31 January 2023 8,600 14,306 22,906
Provided during the period 204 108 312
As at 30 January 2024 8,804 14,414 23,218
Net Book Value
As at 30 January 2024 611 325 936
As at 31 January 2023 815 433 1,248
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 12,000 12,000
Other debtors 8,606 8,556
Other taxes and social security 83 83
20,689 20,639
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 857 814
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4