Company Registration Number 10938590 (England and Wales)
AG TECH ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
AG TECH ENGINEERING LIMITED
COMPANY INFORMATION
Directors
Mr M T Branson
Miss S L Stringer
Company number
10938590
Registered office
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
Accountants
Ellacotts LLP
Vantage House
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
AG TECH ENGINEERING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
AG TECH ENGINEERING LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AG TECH ENGINEERING LIMITED FOR THE YEAR ENDED 31 MARCH 2020
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AG Tech Engineering Limited for the year ended 31 March 2020, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the
b
oard of
d
irectors of AG Tech Engineering Limited, as a body, in accordance with the terms of our engagement letter dated 17 April 2020. Our work has been undertaken solely to prepare for your approval the financial statements of AG Tech Engineering Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of AG Tech Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AG Tech Engineering Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that AG Tech Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of AG Tech Engineering Limited. You consider that AG Tech Engineering Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of AG Tech Engineering Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ellacotts LLP
Chartered Accountants
Vantage House
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
Date:
24 December 2020
AG TECH ENGINEERING LIMITED
BALANCE SHEET
AS AT 31 MARCH 2020
31 March 2020
- 2 -
2020
2019
£
£
£
£
Fixed assets
9,915
16,004
Current assets
6,988
6,904
Prepayments and accrued income
396
-
Creditors: amounts falling due within one year
(11,970)
(20,897)
Net current liabilities
(4,586)
(13,993)
Total assets less current liabilities
5,329
2,011
Creditors: amounts falling due after more than one year
-
(434)
Net assets
5,329
1,577
Capital and reserves
5,329
1,577
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
2
2
AG Tech Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is Countrywide House, 23 West Bar, Banbury, Oxfordshire, England, OX16 9SA.
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
AG TECH ENGINEERING LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2020
31 March 2020
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 24 December 2020 and are signed on its behalf by:
Mr M T Branson
Director
Company Registration Number 10938590