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REGISTERED NUMBER: 00775096 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A.G.C.ENGINEERING COMPANY LIMITED

A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.G.C.ENGINEERING COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: G Gross
G E Taylor





REGISTERED OFFICE: First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD





REGISTERED NUMBER: 00775096 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 55,505

CURRENT ASSETS
Stocks 24,500 29,500
Debtors 5 61,509 62,761
Cash at bank 167 24,691
86,176 116,952
CREDITORS
Amounts falling due within one year 6 85,462 43,575
NET CURRENT ASSETS 714 73,377
TOTAL ASSETS LESS CURRENT
LIABILITIES

714

128,882

CREDITORS
Amounts falling due after more than one year 7 - 129,131
NET ASSETS/(LIABILITIES) 714 (249 )

CAPITAL AND RESERVES
Called up share capital 125,000 125,000
Retained earnings (124,286 ) (125,249 )
SHAREHOLDERS' FUNDS 714 (249 )

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

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

The directors acknowledge their 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.

A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

BALANCE SHEET - continued
31ST DECEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th August 2025 and were signed on its behalf by:





G Gross - Director


A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

A.G.C.Engineering Company 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.

Going concern
As set out in the Directors' Report, due to the company ceasing business on 31st December 2024, the directors have decided to prepare the financial statements on a basis other than that of a going concern.

All assets have been disclosed at values at which they are expected to be realised. All liabilities reflect the full amount at which they are expected to materialise.

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.
Improvements to property - 20% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pensions
The company contributes to the personal pension schemes of directors and employees. The assets of the scheme are held by an independent pension provider. The amount charged to the profit and loss account is the contributions payable in the year.

3. EMPLOYEES AND DIRECTORS

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

A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st January 2024 82,355 844,671 380
Disposals (82,355 ) (844,671 ) (380 )
At 31st December 2024 - - -
DEPRECIATION
At 1st January 2024 82,355 794,441 380
Charge for year - 50,230 -
Eliminated on disposal (82,355 ) (844,671 ) (380 )
At 31st December 2024 - - -
NET BOOK VALUE
At 31st December 2024 - - -
At 31st December 2023 - 50,230 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st January 2024 15,499 18,885 961,790
Disposals (15,499 ) (18,885 ) (961,790 )
At 31st December 2024 - - -
DEPRECIATION
At 1st January 2024 10,333 18,776 906,285
Charge for year 5,166 109 55,505
Eliminated on disposal (15,499 ) (18,885 ) (961,790 )
At 31st December 2024 - - -
NET BOOK VALUE
At 31st December 2024 - - -
At 31st December 2023 5,166 109 55,505

A.G.C.ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00775096)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,452 51,476
Other debtors 6,057 11,285
61,509 62,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 723
Trade creditors 26,461 33,436
Taxation and social security - 2,882
Other creditors 59,001 6,534
85,462 43,575

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts - 129,131