AGM Procurement Limited - Filleted accounts

Registered number

07431856

AGM Procurement Limited

Unaudited Filleted Accounts

30 April 2026

AGM Procurement Limited
Registered number:		07431856
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,980			1,100

Current assets
Debtors	4	26,556			14,190
Cash at bank and in hand		38,067			34,194
		64,623			48,384

Creditors: amounts falling due within one year	5	(31,607)			(25,554)

Net current assets			33,016			22,830

Net assets			34,996			23,930

Capital and reserves
Called up share capital			1			1
Profit and loss account			34,995			23,929

Shareholder's funds			34,996			23,930

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




AG Manns
Director
Approved by the board on 9 June 2026

AGM Procurement Limited
Notes to the Accounts
for the year ended 30 April 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 May 2025			1,612
	Additions			1,355
	At 30 April 2026			2,967

	Depreciation
	At 1 May 2025			512
	Charge for the year			475
	At 30 April 2026			987

	Net book value
	At 30 April 2026			1,980
	At 30 April 2025			1,100


4	Debtors	2026		2025
£			£

	Trade debtors	25,669		14,190
	Other debtors	887		-
		26,556		14,190


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Taxation and social security costs	31,126		25,064
	Other creditors	481		490
		31,607		25,554


6	Other information

	AGM Procurement Limited is a private company limited by shares and incorporated in England. Its registered office is:
	6a Little Aston Lane
	Little Aston
	Sutton Coldfield
	B74 3UF