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REGISTERED NUMBER: 12002003 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

AG Hospitality Services Limited

AG Hospitality Services Limited (Registered number: 12002003)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AG Hospitality Services Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr G K Grover





REGISTERED OFFICE: Camelford House
3rd Floor, 87-90 Albert Embankment
Vauxhall
London
SE1 7TP





REGISTERED NUMBER: 12002003 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

AG Hospitality Services Limited (Registered number: 12002003)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,624 11,686

CURRENT ASSETS
Debtors 5 361,635 199,298
Cash at bank and in hand 16,433 10,999
378,068 210,297
CREDITORS
Amounts falling due within one year 6 (361,230 ) (177,590 )
NET CURRENT ASSETS 16,838 32,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,462

44,393

CREDITORS
Amounts falling due after more than
one year

7

(10,105

)

(20,097

)
NET ASSETS 16,357 24,296

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,257 24,196
SHAREHOLDERS' FUNDS 16,357 24,296

AG Hospitality Services Limited (Registered number: 12002003)

Balance Sheet - continued
31 July 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





Mr G K Grover - Director


AG Hospitality Services Limited (Registered number: 12002003)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

AG Hospitality Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


AG Hospitality Services Limited (Registered number: 12002003)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 20,128
Additions 1,006
At 31 July 2024 21,134
DEPRECIATION
At 1 August 2023 8,442
Charge for year 3,068
At 31 July 2024 11,510
NET BOOK VALUE
At 31 July 2024 9,624
At 31 July 2023 11,686

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors - 54,400
Amounts owed by group undertakings 42,493 14,172
Other debtors 319,142 130,726
361,635 199,298

AG Hospitality Services Limited (Registered number: 12002003)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 126,063 63,123
Taxation and social security 19,447 21,546
Other creditors 205,072 82,273
361,230 177,590

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 10,105 20,097