Company Registration No. 05444956 (England and Wales)
AGILE TECHNOLOGIES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2016
AGILE TECHNOLOGIES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
AGILE TECHNOLOGIES LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
3,438
2,128
Current assets
Debtors
2,982
810
Cash at bank and in hand
45,196
101,394
48,178
102,204
Creditors: amounts falling due within one year
(16,461)
(24,801)
Net current assets
31,717
77,403
Total assets less current liabilities
35,155
79,531
Provisions for liabilities
(688)
(425)
34,467
79,106
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
33,467
78,106
Shareholders' funds
34,467
79,106
For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 10 January 2017
Mr R M Jansen
Director
Company Registration No. 05444956
AGILE TECHNOLOGIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 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
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
20% reducing balance
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2015
6,380
Additions
2,169
At 31 May 2016
8,549
Depreciation
At 1 June 2015
4,252
Charge for the year
859
At 31 May 2016
5,111
Net book value
At 31 May 2016
3,438
At 31 May 2015
2,128
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1,000 Ordinary of £1 each
1,000
1,000