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REGISTERED NUMBER: 08442057 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

AMS TECHNOLOGY SOLUTIONS LIMITED

AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMS TECHNOLOGY SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: D Barkham





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 08442057 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)

BALANCE SHEET
31 MARCH 2022

31.3.21 31.3.22
£    £    Notes £    £   
FIXED ASSETS
8,058 Tangible assets 4 6,077

CURRENT ASSETS
15,738 Stocks 21,443
75,267 Debtors 5 21,076
20,986 Cash at bank and in hand 27,495
111,991 70,014
CREDITORS
82,750 Amounts falling due within one year 6 68,333
29,241 NET CURRENT ASSETS 1,681
37,299 TOTAL ASSETS LESS CURRENT
LIABILITIES

7,758

1,531 PROVISIONS FOR LIABILITIES 1,155
35,768 NET ASSETS 6,603

CAPITAL AND RESERVES
100 Called up share capital 7 100
35,668 Retained earnings 6,503
35,768 SHAREHOLDERS' FUNDS 6,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 June 2022 and were signed by:





D Barkham - Director


AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

AMS Technology Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of work completed during the year, by reference to invoiced sales and the movement between opening and closing trade debtor balances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Furniture and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment and IT - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Furniture Office
Plant and and Motor equipment
Totals machinery fittings vehicles and IT
£    £    £    £    £   
COST
At 1 April 2021 27,983 572 1,041 14,710 11,660
Additions 457 - - - 457
Disposals (3,086 ) - (150 ) - (2,936 )
At 31 March 2022 25,354 572 891 14,710 9,181
DEPRECIATION
At 1 April 2021 19,925 366 654 12,093 6,812
Charge for year 2,027 52 93 654 1,228
Eliminated on disposal (2,675 ) - (135 ) - (2,540 )
At 31 March 2022 19,277 418 612 12,747 5,500
NET BOOK VALUE
At 31 March 2022 6,077 154 279 1,963 3,681
At 31 March 2021 8,058 206 387 2,617 4,848

AMS TECHNOLOGY SOLUTIONS LIMITED (REGISTERED NUMBER: 08442057)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 20,404 73,737
Other debtors 160 1,051
Prepayments 512 479
21,076 75,267

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors 25,027 15,422
Tax 5,380 14,451
Social security and other taxes 995 521
VAT 15,039 19,859
Other creditors 3,494 92
Directors' current accounts 16,114 29,109
Accrued expenses 2,284 3,296
68,333 82,750

7. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
55 Ordinary 'A' £1 55 55
25 Ordinary 'B' £1 25 25
20 Ordinary 'C' £1 20 20
100 100