Company Registration No. 02808683 (England and Wales)
AGEMAIN LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
AGEMAIN LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
AGEMAIN LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
51,000
51,000
Current assets
Debtors
196,826
124,193
Cash at bank and in hand
113,156
182,486
309,982
306,679
Creditors: amounts falling due within one year
(281,517)
(289,551)
Net current assets
28,465
17,128
Total assets less current liabilities
79,465
68,128
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
79,463
68,126
Shareholders' funds
79,465
68,128
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 25 April 2017
R. Lewis
Director
Company Registration No. 02808683
AGEMAIN LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The freehold property investment is stated at cost, not market value.
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets include investment properties which are stated at cost.
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2015 & at 30 April 2016
51,000
At 30 April 2015
51,000
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
4
Ultimate parent company
Their is no controlling party as the Directors hold the shares in trust for their sons.