AGR SET Limited - Limited company - abbreviated

REGISTERED NUMBER: SC416601 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

AGR SET LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTORS:

G J Stroud

Ms K A Lawson

REGISTERED OFFICE:

Marin House

Castle Way

Castlepark Industrial Estate

ELLON

Aberdeenshire

AB41 9EY

REGISTERED NUMBER:

SC416601 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

4 West Craibstone Street

Bon-Accord Square

ABERDEEN

AB11 6YL

FIXED ASSETS

Intangible assets

2

17,422

Tangible assets

3

918,441

935,863

CURRENT ASSETS

Debtors

1,396

NET CURRENT ASSETS

1,396

TOTAL ASSETS LESS CURRENT
LIABILITIES

937,259

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

937,257

SHAREHOLDERS' FUNDS

937,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 September 2015 and were signed on its behalf
by:

G J Stroud - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the year ended 31 December 2014. However, reference to information

relating to the year ended 31 December 2013 has been made where appropriate.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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 etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

24,122

AMORTISATION

At 1 January 2014

and 31 December 2014

6,700

NET BOOK VALUE

At 31 December 2014

17,422

At 31 December 2013

17,422

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

1,355,910

DEPRECIATION

At 1 January 2014

and 31 December 2014

437,469

NET BOOK VALUE

At 31 December 2014

918,441

At 31 December 2013

918,441

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

AGR SET Limited - Limited company - abbreviated - 11.6

AGR SET Limited - Limited company - abbreviated - 11.6