AMACAD SOLUTIONS LIMITED 11779558 false 2023-04-01 2024-02-29 2024-02-29 The principal activity of the company is business support services. Digita Accounts Production Advanced 6.30.9574.0 true true 11779558 2023-04-01 2024-02-29 11779558 2024-02-29 11779558 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-02-29 11779558 core:CurrentFinancialInstruments 2024-02-29 11779558 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 11779558 bus:SmallEntities 2023-04-01 2024-02-29 11779558 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-02-29 11779558 bus:FullAccounts 2023-04-01 2024-02-29 11779558 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-02-29 11779558 bus:RegisteredOffice 2023-04-01 2024-02-29 11779558 bus:Director1 2023-04-01 2024-02-29 11779558 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-04-01 2024-02-29 11779558 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-02-29 11779558 countries:England 2023-04-01 2024-02-29 11779558 2022-04-01 2023-03-31 11779558 2023-03-31 11779558 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-03-31 11779558 core:CurrentFinancialInstruments 2023-03-31 11779558 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11779558

AMACAD SOLUTIONS LIMITED

Unaudited Filleted Financial Statements

for the Period from 1 April 2023 to 29 February 2024

 

AMACAD SOLUTIONS LIMITED

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

AMACAD SOLUTIONS LIMITED

Company Information

Director

Mr Mark Craig

Registered office

Brookfield Court Selby Road
Garforth
Leeds
LS25 1NB

Accountants

Clever Accounts Ltd
C/O Clever Accounts Ltd
Brookfield Court
Selby Road
Leeds
West Yorkshire
LS25 1NB

 

AMACAD SOLUTIONS LIMITED

(Registration number: 11779558)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Debtors

166

46

Cash at bank and in hand

 

5,716

22,531

 

5,882

22,577

Creditors: Amounts falling due within one year

-

(140)

Net assets

 

5,882

22,437

Capital and reserves

 

Called up share capital

4

1

1

Retained earnings

5,881

22,436

Shareholders' funds

 

5,882

22,437

For the financial period ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 March 2024
 

.........................................

Mr Mark Craig
Director

 

AMACAD SOLUTIONS LIMITED

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Brookfield Court Selby Road
Garforth
Leeds
LS25 1NB
England

These financial statements were authorised for issue by the director on 26 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

AMACAD SOLUTIONS LIMITED

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 February 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

4

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1