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REGISTERED NUMBER: NI647658 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

AGL (Belfast) Limited

AGL (Belfast) Limited (Registered number: NI647658)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGL (Belfast) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: M P Suggars





REGISTERED OFFICE: 19 Crescent Business Park
LISBURN
Co. Antrim
BT28 2GN





BUSINESS ADDRESS: 167 Belmont Road
BELFAST
BT4 2AE





REGISTERED NUMBER: NI647658 (Northern Ireland)





ACCOUNTANTS: Minshull & Co
19 Crescent Business Park
LISBURN
Co. Antrim
BT28 2GN

AGL (Belfast) Limited (Registered number: NI647658)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 - 28,781

CURRENT ASSETS
Stocks 6 62,167 -
Debtors 7 204,368 346,502
Cash at bank 257,896 300,248
524,431 646,750
CREDITORS
Amounts falling due within one year 8 101,386 236,562
NET CURRENT ASSETS 423,045 410,188
TOTAL ASSETS LESS CURRENT
LIABILITIES

423,045

438,969

PROVISIONS FOR LIABILITIES 9 - 6,140
NET ASSETS 423,045 432,829

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 11 423,035 432,819
SHAREHOLDERS' FUNDS 423,045 432,829

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

AGL (Belfast) Limited (Registered number: NI647658)

Balance Sheet - continued
31 August 2024


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 28 May 2025 and were signed by:





M P Suggars - Director


AGL (Belfast) Limited (Registered number: NI647658)

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

1. STATUTORY INFORMATION

AGL (Belfast) Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


AGL (Belfast) Limited (Registered number: NI647658)

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

3. 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2023 35,182 13,685 48,867
Disposals (35,182 ) (13,685 ) (48,867 )
At 31 August 2024 - - -
DEPRECIATION
At 1 September 2023 6,401 13,685 20,086
Charge for year 5,655 - 5,655
Eliminated on disposal (12,056 ) (13,685 ) (25,741 )
At 31 August 2024 - - -
NET BOOK VALUE
At 31 August 2024 - - -
At 31 August 2023 28,781 - 28,781

6. STOCKS
31/8/24 31/8/23
£    £   
Stocks 62,167 -

AGL (Belfast) Limited (Registered number: NI647658)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 178,849 346,502
Other debtors 10,312 -
VAT 14,083 -
Social security and other tax 1,124 -
204,368 346,502

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 82,894 154,951
Tax 11,251 40,951
Social security and other taxes - 446
VAT - 33,325
Directors' current accounts 406 839
Accruals and deferred income 6,835 6,050
101,386 236,562

9. PROVISIONS FOR LIABILITIES
31/8/24 31/8/23
£    £   
Deferred tax - 6,140

Deferred
tax
£   
Balance at 1 September 2023 6,140
Credit to Income Statement during year (6,140 )
Balance at 31 August 2024 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £    £   
10 Ordinary £1 10 10

AGL (Belfast) Limited (Registered number: NI647658)

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

11. RESERVES
Retained
earnings
£   

At 1 September 2023 432,819
Profit for the year 22,716
Dividends (32,500 )
At 31 August 2024 423,035

12. CAPITAL COMMITMENTS
31/8/24 31/8/23
£    £   
Contracted but not provided for in the
financial statements - -

13. ULTIMATE CONTROLLING PARTY

The controlling party is M P Suggars.

100% of the company's share capital is now owned by MPS No1 Limited - a company owned by Mr M Suggars.