Registered number: 04619342 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
Hope Jones | ||||||||
Chartered Accountants and Registered Auditors | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
AMSPAC LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Mrs. E. Steavenson | ||||||||
REGISTERED OFFICE | ||||||||
Hampshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04619342 | ||||||||
ACCOUNTANTS | ||||||||
Hope Jones | ||||||||
Chartered Accountants and Registered Auditors | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
AMSPAC LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
AMSPAC LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
137,663 | 145,327 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 88,909 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 88,911 | 90,314 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
AMSPAC LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
AMSPAC LIMITED | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2022 | 10,341 | 10,341 | ||
At 31 March 2023 | 10,341 | 10,341 | ||
Depreciation | ||||
At 1 April 2022 | 8,481 | 8,481 | ||
For the year | 879 | 879 | ||
At 31 March 2023 | 9,360 | 9,360 | ||
Net Book Amounts | ||||
At 31 March 2023 | 981 | |||
At 31 March 2022 | 1,860 | |||
3. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 35,417 | 43,873 | ||||||
Prepayments | 1,681 | 2,905 | ||||||
37,098 | 46,778 | |||||||
AMSPAC LIMITED | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 16,258 | 20,303 | ||||||
VAT | 9,761 | 9,399 | ||||||
Directors current account | 591 | 89 | ||||||
Trade creditors | 20,005 | 23,322 | ||||||
Other creditors | 1,480 | 1,480 | ||||||
Accruals | 1,350 | 1,825 | ||||||
49,445 | 56,418 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 186 | 353 | ||||||
186 | 353 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
1 | 1 | |||||||
1 | 1 | |||||||
102 | 102 | |||||||
AMSPAC LIMITED | ||||||||
9. CONTROLLING PARTY | ||||||||
The company is controlled by Mr A Steavenson and Mrs E Steavenson who, together, own 100% of the issued share capital. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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