REGISTERED NUMBER: 11400511 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

A.G. Sharepoint Solutions Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Director:

A R Gooding

Registered office:

Abacus House

129 North Hill

Plymouth

Devon

PL4 8JY

Business address:

5 Harwood Avenue

Tamerton Foliot

Plymouth

Devon

PL5 4NU

Registered number:

11400511 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

6,711

9,768

Current assets

Debtors

5

35,278

42,660

Cash at bank

2,944

11,206

38,222

53,866

Creditors

Amounts falling due within one year

6

32,936

30,889

Net current assets

5,286

22,977

Total assets less current liabilities

11,997

32,745

Provisions for liabilities

7

1,300

1,900

Net assets

10,697

30,845

Capital and reserves

Called up share capital

8

100

100

Retained earnings

10,597

30,745

Shareholders' funds

10,697

30,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2025 and were signed by:

A R Gooding - Director

1.	STATUTORY INFORMATION

A.G. Sharepoint Solutions Ltd is a private company, limited by shares, registered in Enlgand and Wales. The company's registered number, registered office address and business 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.

Turnover

Turnover is measured at the fair value of the consideration receivable from the rendering of services and based upon amounts invoiced in the year net of VAT. Any amounts invoiced in respect of re-imbursable costs are deducted from the relevant expense and not included in turnover.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 20% - 50% on cost

Motor vehicles - 20% on reducing balance

Fixtures & fittings - 10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Fixtures

Equipment

vehicles

& fittings

Totals

£

£

£

£

Cost

At 1 April 2024

26,912

6,000

2,410

35,322

Additions

508

-

-

508

At 31 March 2025

27,420

6,000

2,410

35,830

Depreciation

At 1 April 2024

20,600

4,133

821

25,554

Charge for year

2,951

373

241

3,565

At 31 March 2025

23,551

4,506

1,062

29,119

Net book value

At 31 March 2025

3,869

1,494

1,348

6,711

At 31 March 2024

6,312

1,867

1,589

9,768

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,075

6,880

Other debtors

26,203

35,780

35,278

42,660

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

30,803

28,021

Other creditors

2,133

2,868

32,936

30,889

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,300

1,900

Deferred

tax

£

Balance at 1 April 2024

1,900

Provided during year

(600

)

Balance at 31 March 2025

1,300

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A R Gooding

Balance outstanding at start of year

34,818

(1,116

)

Amounts advanced

56,152

77,010

Amounts repaid

(65,923

)

(41,076

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,047

34,818

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed the following amounts from related parties:

A R Gooding

Director and shareholder

£25,047

11.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the director, A R Gooding.