REGISTERED NUMBER: 04499838 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

A G Building Services (South West)

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A R Greenough

Mrs J A Greenough

SECRETARY:

Mrs J A Greenough

REGISTERED OFFICE:

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

REGISTERED NUMBER:

04499838 (England and Wales)

ACCOUNTANTS:

Bennett Stock Limited

Suite 1, LIberty House

South Liberty Lane

Bristol

BS3 2ST

BANKERS:

The Co-operative Bank

PO Box 250

Skelmersdale

WN8 6WT

FIXED ASSETS

Tangible assets

4

16,716

21,292

CURRENT ASSETS

Stocks

33,898

17,764

Debtors

5

39,749

132,740

Cash at bank

51,291

10,905

124,938

161,409

CREDITORS

Amounts falling due within one year

6

187,822

203,514

NET CURRENT LIABILITIES

(62,884

)

(42,105

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(46,168

)

(20,813

)

CREDITORS

Amounts falling due after more than one year

7

5,655

15,750

NET LIABILITIES

(51,823

)

(36,563

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(51,825

)

(36,565

)

SHAREHOLDERS' FUNDS

(51,823

)

(36,563

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

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 Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

A R Greenough - Director

Mrs J A Greenough - Director

1.	STATUTORY INFORMATION

A G Building Services (South West) 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

The financial statements have been prepared on a going concern basis which has assumed the continued support of the company's directors.

Turnover

Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like cash and bank balances, trade debtors and creditors, bank overdrafts, finance leases and hire purchase contracts and loans to or from related parties.

The company has chosen to apply the recognition and measurement principles in FRS102.

A financial asset or financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss immediately.

Any reversals of impairment are recognised in the profit and loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

50,470

-

50,470

Additions

-

1,120

1,120

At 31 October 2025

50,470

1,120

51,590

DEPRECIATION

At 1 November 2024

29,178

-

29,178

Charge for year

5,322

374

5,696

At 31 October 2025

34,500

374

34,874

NET BOOK VALUE

At 31 October 2025

15,970

746

16,716

At 31 October 2024

21,292

-

21,292

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

50,470

DEPRECIATION

At 1 November 2024

29,178

Charge for year

5,322

At 31 October 2025

34,500

NET BOOK VALUE

At 31 October 2025

15,970

At 31 October 2024

21,292

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

39,245

132,236

Other debtors

504

504

39,749

132,740

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

10,094

10,094

Trade creditors

10,449

11,070

Taxation and social security

30,224

38,140

Other creditors

137,055

144,210

187,822

203,514

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

5,655

15,750

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A R Greenough.