Company Registration No. 11268096 (England and Wales)
AMPEE ENGINEERING LIMITED
Unaudited accounts
for the year ended 31 March 2023
AMPEE ENGINEERING LIMITED
Unaudited accounts
Contents
AMPEE ENGINEERING LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr P H Halai
Mr M K Rabadiya
Company Number
11268096 (England and Wales)
Registered Office
VYMAN HOUSE RMR PARTNERSHIP LLP
104 COLLEGE ROAD
HARROW
HA1 1BQ
ENGLAND
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
AMPEE ENGINEERING LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
10,014
19,419
Cash at bank and in hand
72,334
86,275
Creditors: amounts falling due within one year
(122,177)
(79,510)
Net current assets
161,694
98,846
Total assets less current liabilities
171,708
118,265
Creditors: amounts falling due after more than one year
(26,798)
(36,633)
Called up share capital
100
100
Profit and loss account
144,810
81,532
Shareholders' funds
144,910
81,632
For the year ending 31 March 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 29 March 2024 and were signed on its behalf by
Mr P H Halai
Director
Company Registration No. 11268096
AMPEE ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
AMPEE ENGINEERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11268096. The registered office is VYMAN HOUSE RMR PARTNERSHIP LLP, 104 COLLEGE ROAD, HARROW, HA1 1BQ, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% as per straight line method
Motor vehicles
25% as per straight line method
Fixtures & fittings
25% as per straight line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
AMPEE ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
14,526
26,500
4,005
45,031
At 31 March 2023
14,976
26,500
4,005
45,481
At 1 April 2022
8,646
14,000
2,966
25,612
Charge for the year
3,085
6,250
520
9,855
At 31 March 2023
11,731
20,250
3,486
35,467
At 31 March 2023
3,245
6,250
519
10,014
At 31 March 2022
5,880
12,500
1,039
19,419
Amounts falling due within one year
Trade debtors
140,349
55,971
Accrued income and prepayments
2,400
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
43,392
55,623
Taxes and social security
17,720
8,150
Loans from directors
13,317
10,937
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).