ACCOUNTS - Final Accounts preparation


083846412015-04-01falsetrue2016-03-312016-03-31083846412015-04-012016-03-31083846412016-03-31083846412015-03-3108384641 c:OrdinaryShareClass1 2016-03-3108384641 c:OrdinaryShareClass1 2015-03-3108384641 c:OrdinaryShareClass1 2015-04-012016-03-3108384641 c:Director1 2015-04-012016-03-31iso4217:GBPxbrli:shares
Company registration number 08384641







ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2016


AMG INVESTMENTS AND CONSULTANCY LIMITED






































                        

 


AMG INVESTMENTS AND CONSULTANCY LIMITED
REGISTERED NUMBER: 08384641



ABBREVIATED BALANCE SHEET
AS AT 31 MARCH 2016

2016
2015
Note
£
£
£
£
 
Current assets





 
Debtors
257,195
74,093

 
Cash at bank
11,185
9,489







 
268,380
83,582
 
Creditors: amounts falling due within one year
(97,123)
(40,775)
 
Net current assets

171,257

42,807
 
Total assets less current liabilities
 171,257

 42,807
  
Capital and reserves

 
Called up share capital
2
100
100
 
Profit and loss account
171,157
42,707
 
Shareholders' funds
 

 171,257

 42,807


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question 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 for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 21 March 2017.





Mr L Govinden
Director

The notes on page 2 form part of these financial statements.

Page 1

 


AMG INVESTMENTS AND CONSULTANCY LIMITED
 


 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016

1.Accounting Policies

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


2.Share capital
        2016
        2015
        £

        £

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100

Page 2