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REGISTERED NUMBER: 06040345 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2022

for

P G Amps Limited

P G Amps Limited (Registered number: 06040345)






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

Chartered Accountants' Report 7

P G Amps Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: P G Amps
Mrs T Amps
H G Amps
J F Amps





SECRETARY: Mrs T Amps





REGISTERED OFFICE: 81 Castle Street
Saffron Walden
CM10 1BQ





REGISTERED NUMBER: 06040345 (England and Wales)





ACCOUNTANTS: Moore Emmerson Accountants Ltd
81 Castle Street
Saffron Walden
CB10 1BQ

P G Amps Limited (Registered number: 06040345)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 595,386 475,473
595,386 475,473

CURRENT ASSETS
Stocks 84,590 115,680
Debtors 6 356,548 221,117
Cash at bank and in hand 708,472 630,817
1,149,610 967,614
CREDITORS
Amounts falling due within one year 7 313,695 83,788
NET CURRENT ASSETS 835,915 883,826
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,431,301

1,359,299

PROVISIONS FOR LIABILITIES 102,843 76,835
NET ASSETS 1,328,458 1,282,464

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,328,358 1,282,364
SHAREHOLDERS' FUNDS 1,328,458 1,282,464

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 directors acknowledge their 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.

P G Amps Limited (Registered number: 06040345)

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 Board of Directors and authorised for issue on 10 August 2022 and were signed on its behalf by:





P G Amps - Director


P G Amps Limited (Registered number: 06040345)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

P G Amps 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.

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 net invoiced sales of goods, excluding VAT (having regard to the fulfilment of contractual obligations).

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance, 20% on cost and 15% 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.

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.

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.

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.

P G Amps Limited (Registered number: 06040345)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2021 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 42,000
AMORTISATION
At 1 April 2021
and 31 March 2022 42,000
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 1,097,770
Additions 242,228
Disposals (39,250 )
At 31 March 2022 1,300,748
DEPRECIATION
At 1 April 2021 622,297
Charge for year 105,070
Eliminated on disposal (22,005 )
At 31 March 2022 705,362
NET BOOK VALUE
At 31 March 2022 595,386
At 31 March 2021 475,473

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 262,919 182,764
Other debtors 93,629 38,353
356,548 221,117

P G Amps Limited (Registered number: 06040345)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors 290,731 42,225
Taxation and social security 19,964 37,563
Other creditors 3,000 4,000
313,695 83,788

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.22 31.3.21
£    £   
Within one year 27,185 27,185
Between one and five years 67,962 95,147
95,147 122,332

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
P G Amps Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P G Amps Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of P G Amps Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P G Amps Limited and state those matters that we have agreed to state to the Board of Directors of P G Amps Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P G Amps 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 P G Amps Limited. You consider that P G Amps 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 P G Amps 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.






Moore Emmerson Accountants Ltd
81 Castle Street
Saffron Walden
CB10 1BQ


10 August 2022