Company Registration Number 06683231 (England and Wales)
AG BAIN ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017
PAGES FOR FILING WITH REGISTRAR
AG BAIN ASSOCIATES LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2017
31 August 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
13,545
994
Current assets
90,741
154,701
Prepayments and accrued income
735
1,206
Creditors: amounts falling due within one year
(43)
(28,445)
Net current assets
91,433
127,462
Total assets less current liabilities
104,978
128,456
Net assets
104,978
128,456
Capital and reserves
104,978
128,456
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

The company made the following loans and advances to directors:

Advances to Directors

During the year £ 54,784 was advanced to the director s and £ 67,258 was subsequently repaid, The balance owed by the director s at the beginning of the year was ( £ 33,591) and at the end of the year was ( £ 21 , 117) . This loan has an interest charge at the official HMRC rate of 3% being £735 (2016 - £1,206) , is unsecured and has no repayment terms.

2
Average employees

The average number of persons (including directors) employed by the company during the year was 2 (2016 - 2).

AG BAIN ASSOCIATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2017
31 August 2017
- 2 -

AG Bain Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wildvine, 4 Were Close, WARMINSTER, Wiltshire, BA12 8TB.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he directors acknowledge their responsibilities for complying with the requirements of the Act 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.

The financial statements were approved by the board of directors and authorised for issue on 19 March 2018 and are signed on its behalf by:
Mr A G Bain
Director
Company Registration Number 06683231
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