Registered Number:NI059383 |
For the year ended 31 May 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 May 2024
AGC Retail Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
AGC Retail Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
34,841
40,199
2
34,841
40,199
172,403
174,940
3
Trade and other receivables |
33,600
37,362
4
413,691
Cash and cash equivalents |
442,325
654,627
619,694
Trade and other payables: amounts falling due within one |
year |
(81,994)
(133,802)
5
537,700
520,825
Net current assets
Total assets less current liabilities |
555,666
577,899
(6,548)
(7,550)
Provisions for liabilities |
549,118
Net assets
570,349
20,002
20,002
529,116
550,347
549,118
570,349
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Andrew Calvin Director |
These financial statements were approved and authorised for issue by the Board on 24 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
AGC Retail Limited
Notes to the Financial Statements
Statutory Information
AGC Retail Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration number |
NI059383. |
20 Main Street
Richhill
Armagh
BT61 9PW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
163,193
3,854
8,100
72,000
79,239
2,880
-
-
-
2,880
72,000
8,100
3,854
166,073
82,119
Provision for depreciation and impairment |
122,994
2,859
6,365
57,170
56,600
Charge for year
8,238
149
347
5,190
2,552
131,232
3,008
6,712
62,360
59,152
22,967
9,640
1,388
846
34,841
22,639
14,830
1,735
995
40,199
2023
2024
174,940
172,403
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For the year ended 31 May 2024
AGC Retail Limited
Notes to the Financial Statements Continued
4. Trade and other receivables |
2023
2024
7,362
3,600
30,000
30,000
33,600
37,362
The debtors above include the following amounts falling due after more than one year: |
30,000
30,000
5. Trade and other payables: amounts falling due within one year |
2023
2024
98,824
13,706
Taxation and social security |
17,549
18,818
17,429
49,470
133,802
81,994
6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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