Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3true3true2024-01-01falseNo description of principal activityfalse 05117622 2024-01-01 2024-12-31 05117622 2023-01-01 2023-12-31 05117622 2024-12-31 05117622 2023-12-31 05117622 c:Director1 2024-01-01 2024-12-31 05117622 d:Buildings 2024-12-31 05117622 d:Buildings 2023-12-31 05117622 d:CurrentFinancialInstruments 2024-12-31 05117622 d:CurrentFinancialInstruments 2023-12-31 05117622 d:Non-currentFinancialInstruments 2024-12-31 05117622 d:Non-currentFinancialInstruments 2023-12-31 05117622 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05117622 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05117622 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05117622 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05117622 d:ShareCapital 2024-12-31 05117622 d:ShareCapital 2023-12-31 05117622 d:RetainedEarningsAccumulatedLosses 2024-12-31 05117622 d:RetainedEarningsAccumulatedLosses 2023-12-31 05117622 c:FRS102 2024-01-01 2024-12-31 05117622 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05117622 c:FullAccounts 2024-01-01 2024-12-31 05117622 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05117622 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 05117622









A & G MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
A & G MANAGEMENT LIMITED
REGISTERED NUMBER: 05117622

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
90,134
90,134

Current assets
  

Debtors
  
3,240
11,553

Cash at bank and in hand
  
2,062
4,673

  
5,302
16,226

Creditors: amounts falling due within one year
 5 
(28,636)
(16,791)

Net current liabilities
  
 
 
(23,334)
 
 
(565)

Total assets less current liabilities
  
66,800
89,569

Creditors: amounts falling due after more than one year
 6 
(1,921)
(7,442)

Net assets
  
64,879
82,127


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
64,877
82,125

  
64,879
82,127


Page 1

 
A & G MANAGEMENT LIMITED
REGISTERED NUMBER: 05117622
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges his 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 income and retained earnings 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 9 April 2025.

Gianfranco Fianco
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
A & G MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

A&G Management Limited is a private company limited by shares and registered in England and Wales. Its registered office is 7 Marchwood Crescent, Garden Flat, London, W5 2DZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
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.
Revenue comprises of property management fees and is recognised in the period the fee is earned.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

No depreciation is provided on the company's freehold properties since, in the opinion of the director, the expected useful economic lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The director undertakes an annual impairment review of these properties.

Page 3

 
A & G MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:


The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.9

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

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

Page 4

 
A & G MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 January 2024
90,134



At 31 December 2024

90,134






Net book value



At 31 December 2024
90,134



At 31 December 2023
90,134


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,521
5,384

Other taxation and social security
881
5,308

Other creditors
17,634
1,499

Accruals
4,600
4,600

28,636
16,791



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
1,921
7,442


 
Page 5