AG Mechanical Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10023911 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2018

for

AG Mechanical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A R Gibbins

REGISTERED OFFICE:

Unit 10 Tiger Court

Kings Business Park

Knowsley

Liverpool

Merseyside

L34 1BH

REGISTERED NUMBER:

10023911 (England and Wales)

ACCOUNTANTS:

SPi Accountancy LLP

Unit 10 Tiger Court

Kings Business Park

Knowsley

Liverpool

Merseyside

L34 1BH

CURRENT ASSETS

Debtors

4

3,106

(820

)

Cash at bank

232

4,517

3,338

3,697

CREDITORS

Amounts falling due within one year

5

3,337

3,163

NET CURRENT ASSETS

1

534

TOTAL ASSETS LESS CURRENT LIABILITIES

1

534

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

-

533

1

534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 11 October 2018 and were signed by:

Mr A R Gibbins - Director

1.	STATUTORY INFORMATION

AG Mechanical 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

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade debtors

-

(9,620

)

Other debtors

-

709

Directors' current accounts

3,106

-

Prepayments

-

8,091

3,106

(820

)

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade creditors

-

348

Tax

3,337

2,815

3,337

3,163

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2018 and the

period ended 28 February 2017:

28.2.18

28.2.17

£

£

Mr A R Gibbins

Balance outstanding at start of year

-

-

Amounts advanced

16,464

-

Amounts repaid

(13,358

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,106

-

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £13,358 were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A R Gibbins.