AMG PROPERTY LIMITED

Company Registration Number:
05672970 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

AMG PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

AMG PROPERTY LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 428,252 381,785
Total fixed assets: 428,252 381,785
Current assets
Debtors:     46,490
Cash at bank and in hand: 966 1,738
Total current assets: 966 48,228
Creditors: amounts falling due within one year:   (5,122) (5,461)
Net current assets (liabilities): (4,156) 42,767
Total assets less current liabilities: 424,096 424,552
Creditors: amounts falling due after more than one year:   (384,976) (384,976)
Total net assets (liabilities): 39,120 39,576
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 39,119 39,575
Shareholders funds: 39,120 39,576

The notes form part of these financial statements

AMG PROPERTY LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 February 2024
and signed on behalf of the board by:

Name: Mr Anthony McGing
Status: Director

The notes form part of these financial statements

AMG PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AMG PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

AMG PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 390,306
Additions 46,490
At 31 March 2023 436,796
Depreciation
At 01 April 2022 8,521
Charge for year 23
At 31 March 2023 8,544
Net book value
At 31 March 2023 428,252
At 31 March 2022 381,785

AMG PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Related party transactions

The Company is controlled by Mr Anthony McGing, the Company's Managing director. It is confirmed that Director's current account is debited with personal transactions and credited with remuneration as well as Dividends.