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REGISTERED NUMBER: 07678555 (England and Wales)






Unaudited Financial Statements

for the Year Ended 31st March 2023

for

Amfabs (West Midlands) Limited

Amfabs (West Midlands) Limited (Registered number: 07678555)

Contents of the Financial Statements
for the Year Ended 31st March 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Amfabs (West Midlands) Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: A Moon





REGISTERED OFFICE: Unit 7 Saltbrook Trading Estate
Saltbrook Road
Cradley Heath
West Midlands
B63 2QJ





REGISTERED NUMBER: 07678555 (England and Wales)





ACCOUNTANTS: Neil Westwood & Co.
Chartered Accountants
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Amfabs (West Midlands) Limited


The following reproduces the text of the report prepared for the director 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 Director 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 Amfabs (West Midlands) Limited for the year ended 31st March 2023 which comprise the Statement of Income and Retained Earnings, 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Amfabs (West Midlands) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Amfabs (West Midlands) Limited and state those matters that we have agreed to state to the director of Amfabs (West Midlands) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amfabs (West Midlands) Limited and its director for our work or for this report.

It is your duty to ensure that Amfabs (West Midlands) 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 Amfabs (West Midlands) Limited. You consider that Amfabs (West Midlands) 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 Amfabs (West Midlands) 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.






Neil Westwood & Co.
Chartered Accountants
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ


15th September 2023

Amfabs (West Midlands) Limited (Registered number: 07678555)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,582 13,422

CURRENT ASSETS
Debtors 5 58,202 113,327
Cash at bank and in hand 93,911 86,465
152,113 199,792
CREDITORS
Amounts falling due within one year 6 98,118 136,527
NET CURRENT ASSETS 53,995 63,265
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,577

76,687

PROVISIONS FOR LIABILITIES 7,772 2,394
NET ASSETS 87,805 74,293

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 87,803 74,291
SHAREHOLDERS' FUNDS 87,805 74,293

Amfabs (West Midlands) Limited (Registered number: 07678555)

Balance Sheet - continued
31st March 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th September 2023 and were signed by:





A Moon - Director


Amfabs (West Midlands) Limited (Registered number: 07678555)

Notes to the Financial Statements
for the Year Ended 31st March 2023


1. STATUTORY INFORMATION

Amfabs (West Midlands) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost
Fixtures and fittings - 33% on cost and 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Amfabs (West Midlands) Limited (Registered number: 07678555)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


2. ACCOUNTING POLICIES - continued

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 7 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st April 2022 104,228 5,072 24,411 133,711
Additions 327 1,102 42,683 44,112
Disposals - - (24,411 ) (24,411 )
At 31st March 2023 104,555 6,174 42,683 153,412
DEPRECIATION
At 1st April 2022 92,859 3,019 24,411 120,289
Charge for year 4,209 1,072 10,671 15,952
Eliminated on disposal - - (24,411 ) (24,411 )
At 31st March 2023 97,068 4,091 10,671 111,830
NET BOOK VALUE
At 31st March 2023 7,487 2,083 32,012 41,582
At 31st March 2022 11,369 2,053 - 13,422

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 52,899 108,062
Other debtors 5,303 5,265
58,202 113,327

Amfabs (West Midlands) Limited (Registered number: 07678555)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 32,233 54,168
Taxation and social security 15,591 32,849
Other creditors 50,294 49,510
98,118 136,527