Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-312021-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07994515 2021-04-01 2022-03-31 07994515 2020-04-01 2021-03-31 07994515 2022-03-31 07994515 2021-03-31 07994515 c:Director1 2021-04-01 2022-03-31 07994515 c:Director2 2021-04-01 2022-03-31 07994515 d:OfficeEquipment 2021-04-01 2022-03-31 07994515 d:OfficeEquipment 2022-03-31 07994515 d:OfficeEquipment 2021-03-31 07994515 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07994515 d:ComputerEquipment 2021-04-01 2022-03-31 07994515 d:ComputerEquipment 2022-03-31 07994515 d:ComputerEquipment 2021-03-31 07994515 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07994515 d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07994515 d:CurrentFinancialInstruments 2022-03-31 07994515 d:CurrentFinancialInstruments 2021-03-31 07994515 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07994515 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 07994515 d:ShareCapital 2022-03-31 07994515 d:ShareCapital 2021-03-31 07994515 d:RetainedEarningsAccumulatedLosses 2022-03-31 07994515 d:RetainedEarningsAccumulatedLosses 2021-03-31 07994515 c:FRS102 2021-04-01 2022-03-31 07994515 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 07994515 c:FullAccounts 2021-04-01 2022-03-31 07994515 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

07994515







AMH ASSOCIATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 MARCH 2022































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AMH ASSOCIATES LIMITED
REGISTERED NUMBER:07994515

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,186
1,805

Current assets
  

Debtors: amounts falling due within one year
 5 
8,692
16,325

Cash at bank and in hand
  
72,488
84,753

  
81,180
101,078

Creditors: amounts falling due within one year
 6 
(23,011)
(29,178)

Net current assets
  
 
 
58,169
 
 
71,900

Total assets less current liabilities
  
60,355
73,705

  

Net assets
  
60,355
73,705


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
60,255
73,605

  
60,355
73,705


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 July 2022.

Mr M Heappey
Ms A Markland
Director
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

AMH ASSOCIATES LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

AMH Associates Limited is a limited company domiciled and incorporated in England and Wales.
The address of its registered office is Brockbourne House, 77 Mount Ephraim, Tunbridge Wells, Kent, TN4 8BS.
The address of its principal place of business is 25 Hestercombe Avenue, London, SW6 5LL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Monetary amounts in these financial statements are stated in pounds sterling and are rounded to the nearest whole £1, except where otherwise indicated.

The following principal accounting policies have been applied:

 
2.2

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Profit and Loss account.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
Revenue is recognised upon completion of the services provided to the customer on a daily basis and is measured at the fair value of consideration received or receivable.

 
2.4

 Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Page 2

AMH ASSOCIATES LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:


Office Equipment
-
3
year straight line basis
Computer Equipment
-
3
year straight line basis

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2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.10

 Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 3

AMH ASSOCIATES LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost


At 1 April 2021
164
6,785
6,949


Additions
-
1,713
1,713



At 31 March 2022

164
8,498
8,662



Depreciation


At 1 April 2021
164
4,979
5,143


Charge for the year on owned assets
-
1,333
1,333



At 31 March 2022

164
6,312
6,476



Net book value



At 31 March 2022
-
2,186
2,186



At 31 March 2021
-
1,805
1,805


5.


Debtors

2022
2021
£
£


Trade debtors
8,692
8,008

Other debtors
-
8,317

8,692
16,325



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
11,230
12,966

Other taxation and social security
453
-

Other creditors
4,728
9,512

Accruals and deferred income
6,600
6,700

23,011
29,178


 
Page 4