Ag Restaurants Ltd in Glasgow, G33 4EL

Description

Data updated on: 01-11-2023

Ag Restaurants is a business registered at G33 4EL Glasgow at The Wright Business Centre. The enterprise has been in existence since 2005 and is registered under the registration number SC287991. The enterprise has been operating on the UK market for nineteen years now and the current state is active. The enterprise's SIC code is 56102 : Unlicensed restaurants and cafes. The business latest filed accounts documents detail the period up to 31st December 2022 and the most current annual confirmation statement was released on 27th July 2023.

Concerning this limited company, a variety of director's responsibilities have so far been met by Andrew G. who was formally appointed in 2005 in July. Additionally, the director's efforts are regularly aided with by a secretary - Alison G., who was chosen by the limited company in 2015.

Andrew G. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 389 028	2 680 632	1 486 884	4 160 543	7 118 078	8 323 733	8 992 805
Current Assets	3 040 386	4 361 687	4 753 868	7 062 676	9 351 269	10 473 851	11 506 564
Debtors	508 267	1 501 605	3 008 214	2 687 303	1 986 994	1 788 423	2 014 404
Net Assets Liabilities	3 137 503	4 573 728	5 231 632	6 620 734	7 485 670	11 623 907	11 437 527
Other Debtors	1 058	10 629	6 162	25 815	221 428	489 880	644 999
Property Plant Equipment	4 883 929	8 591 775	14 734 442	12 170 128	10 710 176	12 339 449	9 573 269
Total Inventories	143 091	179 450	258 770	214 830	246 197	361 695	499 355

Other Financial Data
Audit Fees Expenses	9 750	13 125	25 084	27 872	12 244	20 000	12 500
Fees For Non-audit Services	3 250	17 268	33 250
Director Remuneration			13 033	8 000	7 890	8 022	11 857
Dividend Recommended By Directors			500 000
Other Non-audit Services Fees			13 300	14 779	6 492	8 858	3 585
Taxation Compliance Services Fees			19 950	22 168	9 738	10 900	30 200
Accrued Liabilities	589 916	1 615 272	987 998	1 014 542	1 113 069	1 724 448	2 039 228
Accrued Liabilities Deferred Income	225 000	2 104 039	4 617 565	3 800 932	2 829 340	2 343 545	1 857 749
Accumulated Amortisation Impairment Intangible Assets	2 878 779	3 770 052	4 713 337	5 659 747	6 504 619	7 419 598	8 182 795
Accumulated Depreciation Impairment Property Plant Equipment	2 991 718	4 151 968	6 114 258	8 924 753	11 690 657	14 785 884	18 277 697
Additional Provisions Increase From New Provisions Recognised		312 107				723 655	-372 058
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			-26 540	-173 572	-4 880
Administrative Expenses	25 438 764	28 631 628	38 887 151	44 590 850	40 339 927	58 837 008	75 415 514
Amortisation Expense Intangible Assets	53 585	56 197	62 072	65 197	65 197	68 859	55 048
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	1 277	1 419	1 791	2 036	1 934	2 289	2 683
Bank Borrowings	745 071	1 109 315	1 311 246	1 604 972	1 969 244	2 609 581	1 766 539
Bank Borrowings Overdrafts	2 050 732	3 703 658	7 443 199	6 154 103	4 195 319	4 192 170	2 086 680
Bank Overdrafts			236 224
Capital Commitments	2 837 000	3 125 446
Cash Cash Equivalents Cash Flow Value	2 389 028		1 250 660	4 160 543	7 118 078	8 323 733
Comprehensive Income Expense	1 281 820	1 436 225	1 157 904	1 979 003	1 544 936	5 363 237	1 613 620
Corporation Tax Payable	469 910	311 261	259 073	378 728	486 639	617 285	1 793
Cost Sales	12 494 480	14 492 963	19 806 177	22 906 337	17 955 746	30 539 545	42 706 816
Creditors	2 275 732	3 703 658	7 443 199	6 154 103	7 024 659	6 535 715	3 944 429
Current Tax For Period	469 910	567 673	432 027	531 859	560 497	1 215 531	639 110
Depreciation Amortisation Expense	1 771 363	2 054 871	2 905 575	3 756 905	3 610 776	4 010 205	4 255 011
Depreciation Expense Property Plant Equipment	521 793	1 179 249	1 962 290	2 810 495	2 765 904	3 095 227	3 491 813
Disposals Decrease In Depreciation Impairment Property Plant Equipment		18 999
Disposals Property Plant Equipment		24 128
Dividend Per Share Interim			500 000
Dividends Paid	1 500 000		500 000	590 000	680 000	1 225 000	1 800 000
Dividends Paid Classified As Financing Activities	-1 500 000		-500 000	-590 000	-680 000	-1 225 000	-1 800 000
Dividends Paid On Shares Interim	1 500 000		500 000	590 000	340 000	232 500	450 000
Fixed Assets	11 943 785	14 760 358	21 240 875	17 730 151	15 425 327	20 207 140	16 767 763
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 589 796	2 274 925	2 326 417	2 462 736	2 462 736	3 125 956	3 430 450
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	4 255 430	1 951 989	4 536 251	-1 178 214	555 728	384 569	1 783 233
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-508 267	-993 338	-1 506 609	320 911	700 309	198 571	-18 725
Gain Loss On Disposal Assets Income Statement Subtotal		-5 129
Gain Loss On Disposals Property Plant Equipment		-5 129
Gross Profit Loss	27 224 940	31 023 979	40 697 850	47 139 982	39 239 644	65 441 688	77 446 329
Income Taxes Paid Refund Classified As Operating Activities		-726 322	-484 215	-412 204	-452 586	-1 116 340	-1 253 893
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	5 746 893	291 604	-1 429 972	2 909 883	2 957 535	1 205 655	669 072
Increase Decrease In Current Tax From Adjustment For Prior Periods	-1 159	14 305		-101 017		31 455	-709
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	143 091	36 359	79 320	-43 940	31 367	115 498	137 660
Increase From Amortisation Charge For Year Intangible Assets		891 273	943 285	946 410	844 872	914 979	763 197
Increase From Depreciation Charge For Year Property Plant Equipment		1 179 249	1 962 290	2 810 495	2 765 904	3 095 227	3 491 813
Intangible Assets	7 041 106	6 149 833	6 481 433	5 535 023	4 690 151	7 835 191	7 161 994
Intangible Assets Gross Cost	9 919 885	9 919 885	11 194 770	11 194 770	11 194 770	15 254 789	15 344 789
Interest Expense On Bank Loans Similar Borrowings	76 916	78 857	158 331	212 214	153 248	117 489	144 925
Interest Expense On Loan Capital			90 000
Interest Paid Classified As Operating Activities	-76 916	-78 857	-248 331	-212 214	-153 248	-115 154	-150 852
Interest Payable Similar Charges Finance Costs	76 916	78 857	248 331	212 214	153 248	115 154	150 852
Investments Fixed Assets	18 750	18 750	25 000	25 000	25 000	32 500	32 500
Issue Equity Instruments	1			99
Merchandise	143 091	179 450	258 770	214 830	246 197	72 776	112 205
Net Cash Flows From Used In Financing Activities	-1 755 915	-596 204	-1 021 047	1 712 564	2 219 926	697 711	5 023 224
Net Cash Flows From Used In Investing Activities	3 127 484	4 892 224	9 386 092	246 181	1 305 952	8 792 019	815 633
Net Cash Flows From Used In Operating Activities	-7 118 462	-4 571 975	-6 935 073	-4 868 628	-6 483 413	-10 695 385	-6 507 929
Net Cash Generated From Operations	-7 195 378	-5 377 154	-7 667 619	-5 493 046	-7 089 247	-11 926 879	-7 912 674
Net Current Assets Liabilities	-6 296 460	-5 936 775	-8 046 387	-4 609 229	-573 793	-982 658	-693 005
Number Shares Issued Fully Paid		1	1	25	25	25	25
Operating Profit Loss	1 819 943	2 394 862	1 811 722	2 549 504	2 253 801	7 449 032	2 030 815
Other Creditors	822 018	144 763	298 517	451 172	828 093	1 353 015	709 574
Other Deferred Tax Expense Credit	-8 703	312 107	-26 540	-173 572	-4 880	723 655	-372 058
Other Investments Other Than Loans	18 750	18 750	25 000	25 000	25 000	32 500	32 500
Other Operating Income Format1	33 767	2 511	1 023	372	3 354 084	844 352
Other Taxation Social Security Payable	92 054	107 012	146 833	148 021	161 463	258 934	248 635
Other Taxes Not Already Shown	-7 544	312 107	-26 540
Par Value Share		1	1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	70 632	86 073	154 708	227 104	242 895	283 279	311 672
Prepayments	506 926	1 489 975	2 992 281	2 645 030	645 323	674 098	994 923
Proceeds From Borrowings Classified As Financing Activities	-3 255 914	-2 605 689	-9 712 400	-850 000		-2 750 000
Proceeds From Issuing Shares	-1			-99
Profit Loss	1 281 820	1 436 225	1 157 904	1 979 003	1 544 936	5 363 237	1 613 620
Profit Loss On Ordinary Activities Before Tax	1 743 027	2 316 005	1 563 391	2 337 290	2 100 553	7 333 878	1 879 963
Property Plant Equipment Gross Cost	7 875 647	12 743 743	20 848 700	21 094 881	22 400 833	27 125 333	27 850 966
Provisions	234 090	546 197	519 657	346 085	341 205	1 064 860	692 802
Provisions For Liabilities Balance Sheet Subtotal	234 090	546 197	519 657	346 085	341 205	1 064 860	692 802
Purchase Intangible Assets	-920 000		-1 274 885			-4 060 019	-90 000
Purchase Property Plant Equipment	-2 206 234	-4 892 224	-8 104 957	-246 181	-1 305 952	-4 724 500	-725 633
Repayments Borrowings Classified As Financing Activities		-1 032 979	-5 770 928	-1 845 370	-1 594 512	-2 112 811	-2 948 533
Social Security Costs	384 898	611 174	872 023	818 898	761 308	902 432	1 159 926
Staff Costs Employee Benefits Expense	11 196 746	12 472 645	17 052 111	18 918 640	18 749 152	25 000 946	30 872 001
Tax Decrease Increase From Effect Revenue Exempt From Taxation		214	1 092	456
Tax Expense Credit Applicable Tax Rate	348 605	445 831	297 044	444 085	399 105	1 393 437	357 193
Tax Increase Decrease From Effect Capital Allowances Depreciation	121 305	107 751	136 075	189 247	161 284	-178 757	342 298
Tax Tax Credit On Profit Or Loss On Ordinary Activities	461 207	879 780	405 487	358 287	555 617	1 970 641	266 343
Total Additions Including From Business Combinations Intangible Assets			1 274 885			4 060 019	90 000
Total Additions Including From Business Combinations Property Plant Equipment		4 892 224	8 104 957	246 181	1 305 952	4 724 500	725 633
Total Assets Less Current Liabilities	5 647 325	8 823 583	13 194 488	13 120 922	14 851 534	19 224 482	16 074 758
Total Borrowings		1 109 315	1 547 470	1 604 972
Total Operating Lease Payments	5 323 185	6 190 031	7 963 029	8 837 204	6 743 199	10 923 949	13 667 687
Trade Creditors Trade Payables	1 255 431	1 328 202	2 874 757	2 437 808	3 953 749	2 838 948	3 653 320
Trade Debtors Trade Receivables	283	1 001	9 771	16 458		45 214	29 507
Turnover Revenue	39 719 420	45 516 942	60 504 027	70 046 319	57 195 390	95 981 233	120 153 145
Wages Salaries	10 741 216	11 775 398	16 025 380	17 872 638	17 744 949	23 815 235	29 400 403
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						723 655	-372 058
Dividends Paid On Shares				590 000	680 000	1 225 000	1 800 000
Further Item Interest Expense Component Total Interest Expense						-2 335	5 927
Further Item Operating Income Component Total Other Operating Income					3 354 084	844 352
Prepayments Accrued Income					1 120 243	579 231	137 719
Raw Materials						18 726	30 629
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					108	851	-60 381
Total Current Tax Expense Credit					560 497	1 246 986	638 401

Company staff

Alison G.

Role: Secretary

Appointed: 30 June 2015

Latest update: 2 May 2024

Andrew G.

Role: Director

Appointed: 27 July 2005

Latest update: 2 May 2024

People with significant control

Andrew G.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	10 August 2024
Confirmation statement last made up date	27 July 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Ag Restaurants Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Alison G.

Andrew G.

Ewen S.

As Secretarial Services Ltd

People with significant control

Andrew G.

Accounts Documents

Company filings

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