Company Registration No. 10267830 (England and Wales)
Amvia Limited
Unaudited accounts
for the year ended 31 December 2023
Amvia Limited
Unaudited accounts
Contents
Amvia Limited
Company Information
for the year ended 31 December 2023
Directors
Nathan Hill-Haimes
Radaam Thirlway
Company Number
10267830 (England and Wales)
Registered Office
One
North Bank
Sheffield
S3 8JY
Accountants
Westerly Accountancy Ltd
24 Orchard Road
Wrafton
Braunton
EX33 2DZ
Amvia Limited
Statement of financial position
as at 31 December 2023
Tangible assets
4,054
5,909
Cash at bank and in hand
162,544
187,936
Creditors: amounts falling due within one year
(716,694)
(676,740)
Net current assets
68,679
107,149
Total assets less current liabilities
72,733
113,058
Creditors: amounts falling due after more than one year
(68,253)
(28,333)
Called up share capital
100
100
Profit and loss account
4,380
84,625
Shareholders' funds
4,480
84,725
For the year ending 31 December 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by
Radaam Thirlway
Director
Company Registration No. 10267830
Amvia Limited
Notes to the Accounts
for the year ended 31 December 2023
Amvia Limited is a private company, limited by shares, registered in England and Wales, registration number 10267830. The registered office is One, North Bank, Sheffield, S3 8JY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line - 5 years
Computer equipment
Straight line - 3 years
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
2,973
8,149
11,122
At 31 December 2023
3,113
9,247
12,360
At 1 January 2023
1,174
4,039
5,213
Charge for the year
599
2,494
3,093
At 31 December 2023
1,773
6,533
8,306
At 31 December 2023
1,340
2,714
4,054
At 31 December 2022
1,799
4,110
5,909
Amvia Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
515,428
415,888
Accrued income and prepayments
42,608
62,758
Other debtors
49,895
102,409
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
125,662
131,613
Taxes and social security
11,927
25,422
Loans from directors
17,986
-
Deferred income
454,073
416,590
Bank loans are unsecured, repayable by October 2026 and attract interest at 2.5% per annum.
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans are unsecured, repayable by October 2026 and attract interest at 2.5% per annum.
8
Operating lease commitments
2023
2022
At 31 December 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
24,032
34,560
During the year, the Company received loans from directors of £17,986 (2022: loans to directors £50,414).
Directors' loans are repayable on demand and subject to interest on overdrawn balances at the official rate.
10
Average number of employees
During the year the average number of employees was 10 (2022: 9).