Company Registration No. 12558325 (England and Wales)
AMA UTILITY SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
PAGES FOR FILING WITH REGISTRAR
AMA UTILITY SERVICES LIMITED
COMPANY INFORMATION
Director
A M Avis
Company number
12558325
Registered office
34 Royal Avenue
Waltham Cross
Herts
EN8 7QU
AMA UTILITY SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
AMA UTILITY SERVICES LIMITED
BALANCE SHEET
AS AT
30 APRIL 2023
30 April 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
2
6,994
9,326
Current assets
Debtors
3
4,762
15,847
Cash at bank and in hand
26,902
31,247
31,664
47,094
Creditors: amounts falling due within one year
4
(5,413)
(13,488)
Net current assets
26,251
33,606
Total assets less current liabilities
33,245
42,932
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
33,244
42,931
Total equity
33,245
42,932
The director of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Director's responsibilities:
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;
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and signed by the director and authorised for issue on 14 September 2023
A M Avis
Director
Company Registration No. 12558325
AMA UTILITY SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
- 2 -
1
Accounting policies
Company information
AMA Utility Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 34 Royal Avenue, Waltham Cross, Herts, EN8 7QU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
AMA UTILITY SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
- 3 -
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2022 and 30 April 2023
12,545
Depreciation and impairment
At 1 May 2022
3,219
Depreciation charged in the year
2,332
At 30 April 2023
5,551
Carrying amount
At 30 April 2023
6,994
At 30 April 2022
9,326
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
4,762
15,847
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
2,262
Corporation tax
6,101
Other creditors
5,413
5,125
5,413
13,488
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Authorised
100 Ordinary of £1 each
100
100
Issued and fully paid
1 Ordinary of £1 each
1
1