Caseware UK (AP4) 2023.0.135 2023.0.135 true3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01false3 13124987 2023-04-01 2024-03-31 13124987 2022-04-01 2023-03-31 13124987 2024-03-31 13124987 2023-03-31 13124987 c:Director1 2023-04-01 2024-03-31 13124987 d:CurrentFinancialInstruments 2024-03-31 13124987 d:CurrentFinancialInstruments 2023-03-31 13124987 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13124987 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13124987 d:ShareCapital 2024-03-31 13124987 d:ShareCapital 2023-03-31 13124987 d:RetainedEarningsAccumulatedLosses 2024-03-31 13124987 d:RetainedEarningsAccumulatedLosses 2023-03-31 13124987 c:FRS102 2023-04-01 2024-03-31 13124987 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13124987 c:FullAccounts 2023-04-01 2024-03-31 13124987 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 13124987













A & G Land & Property Agents Limited (formerly A & G Land & Property Auctions Limited)

Financial statements
Information for filing with the registrar

31 March 2024




 
A & G Land & Property Agents Limited (formerly A & G Land & Property Auctions Limited)


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors
 4 
2,432
12,847

Cash at bank and in hand
  
66,947
26,848

  
69,379
39,695

Creditors: amounts falling due within one year
 5 
(40,210)
(37,653)

Net current assets
  
 
 
29,169
 
 
2,042

Total assets less current liabilities
  
29,169
2,042

  

Net assets
  
29,169
2,042


Capital and reserves
  

Called up share capital 
  
40
10

Profit and loss account
  
29,129
2,032

Shareholders’ funds
  
29,169
2,042


1

 
A & G Land & Property Agents Limited (formerly A & G Land & Property Auctions Limited)

    
Balance sheet (continued)
At 31 March 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 March 2025.




G P G Jones
Director

Registered number: 13124987
The notes on pages 3 to 4 form part of these financial statements. 

2

 
A & G Land & Property Agents Limited (formerly A & G Land & Property Auctions Limited)
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

A&G Land & Property Agents Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is Anderson House, Crispin Court, Newbiggin Lane, Newcastle Upon Tyne, England, NE5 1BF.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006. 

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
Revenue from commissions on the sale of a property is recognised when the transaction has exchanged.
Revenue from auction fees, valuation services and other income is recognised as the services are completed.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.4

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023: 3). 

3

 
A & G Land & Property Agents Limited (formerly A & G Land & Property Auctions Limited)
 
 

Notes to the financial statements
Year ended 31 March 2024

4.


Debtors

2024
2023
£
£


Trade debtors
1,062
4,890

Other debtors
25
1,459

Prepayments and accrued income
1,345
6,498

2,432
12,847



5.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
2,052
7,802

Corporation tax
28,729
1,185

Other taxation and social security
6,443
-

Other creditors
5
26,010

Accruals and deferred income
2,981
2,656

40,210
37,653


 
4