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REGISTERED NUMBER: 04576721 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

A M FIRE SYSTEMS LTD

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A M FIRE SYSTEMS LTD

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: Mr A Edmunds
Mrs C Edmunds
Mr A J Edmunds





SECRETARY: Mrs C Edmunds





REGISTERED OFFICE: Redbrook Mill
Bury Road
Rochdale
Lancashire
OL11 4EE





REGISTERED NUMBER: 04576721 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
Chartered Accountants
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 218,080 86,973
218,080 86,973

CURRENT ASSETS
Stocks 6 21,820 20,867
Debtors 7 1,022,982 606,510
Cash at bank 455,892 518,118
1,500,694 1,145,495
CREDITORS
Amounts falling due within one year 8 (873,231 ) (568,803 )
NET CURRENT ASSETS 627,463 576,692
TOTAL ASSETS LESS CURRENT
LIABILITIES

845,543

663,665

CREDITORS
Amounts falling due after more than one
year

9

(27,310

)

(37,114

)

PROVISIONS FOR LIABILITIES (54,520 ) (16,525 )
NET ASSETS 763,713 610,026

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 763,613 609,926
SHAREHOLDERS' FUNDS 763,713 610,026

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

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

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

BALANCE SHEET - continued
31 July 2023


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 8 November 2023 and were signed on its behalf by:




Mr A Edmunds - Director



Mrs C Edmunds - Director


A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023

1. STATUTORY INFORMATION

A M Fire Systems Ltd 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 the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 30% on reducing balance

Fixed assets are stated at cost less accumulated depreciation.

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.

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 7,900
AMORTISATION
At 1 August 2022
and 31 July 2023 7,900
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2022 39,655 13,458 202,896 256,009
Additions - 445 225,441 225,886
Disposals - - (147,585 ) (147,585 )
At 31 July 2023 39,655 13,903 280,752 334,310
DEPRECIATION
At 1 August 2022 32,147 11,621 125,268 169,036
Charge for year 1,502 460 62,535 64,497
Eliminated on disposal - - (117,303 ) (117,303 )
At 31 July 2023 33,649 12,081 70,500 116,230
NET BOOK VALUE
At 31 July 2023 6,006 1,822 210,252 218,080
At 31 July 2022 7,508 1,837 77,628 86,973

6. STOCKS
2023 2022
£    £   
Stocks 21,820 20,867

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 963,149 530,352
Other debtors 17,878 18,378
Prepayments 41,955 57,780
1,022,982 606,510

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,832 9,590
Trade creditors 713,775 438,114
Tax 43,878 58,438
Social security and other taxes 55,056 31,557
Accruals and deferred income 50,690 31,104
873,231 568,803

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 27,310 37,114

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £150,000 (2022 - £125,000) were paid to the directors .