6 April 2022 false Taxfiler 2023.15 SC655549business:PrivateLimitedCompanyLtd2022-04-062023-04-05 SC6555492022-04-05 SC6555492022-04-062023-04-05 SC655549business:AuditExemptWithAccountantsReport2022-04-062023-04-05 SC655549business:FilletedAccounts2022-04-062023-04-05 SC6555492023-04-05 SC655549business:Director12022-04-062023-04-05 SC655549business:RegisteredOffice2022-04-062023-04-05 SC6555492022-04-05 SC655549core:WithinOneYear2023-04-05 SC655549core:WithinOneYear2022-04-05 SC655549core:AfterOneYear2023-04-05 SC655549core:AfterOneYear2022-04-05 SC655549core:ShareCapitalcore:PreviouslyStatedAmount2023-04-05 SC655549core:ShareCapitalcore:PreviouslyStatedAmount2022-04-05 SC655549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-05 SC655549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-05 SC655549core:PreviouslyStatedAmount2023-04-05 SC655549core:PreviouslyStatedAmount2022-04-05 SC655549business:SmallEntities2022-04-062023-04-05 SC655549countries:Scotland2022-04-062023-04-05 SC655549core:FurnitureFittings2022-04-062023-04-05 SC655549core:FurnitureFittings2022-04-05 SC655549core:FurnitureFittings2023-04-05 SC6555492021-04-062022-04-05 iso4217:GBP xbrli:pure
Company Registration No. SC655549 (Scotland)
AMARCO ESTATES LTD Unaudited accounts for the year ended 5 April 2023
AMARCO ESTATES LTD Unaudited accounts Contents
Page
- 2 -
AMARCO ESTATES LTD Company Information for the year ended 5 April 2023
Director
JAMES JOSEPH COMMINS
Company Number
SC655549 (Scotland)
Registered Office
18 MAIN STREET COATBRIDGE ML5 3AE United Kingdom
Accountants
BML ACCOUNTANCY SERVICES LTD 31 FLOWERHILL STREET AIRDRIE NORTH LANARKSHIRE ML6 6AP
- 3 -
AMARCO ESTATES LTD Statement of financial position as at 5 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,593 
- 
Current assets
Debtors
12,467 
405 
Cash at bank and in hand
225 
1,001 
12,692 
1,406 
Creditors: amounts falling due within one year
(4,255)
(17,489)
Net current assets/(liabilities)
8,437 
(16,083)
Total assets less current liabilities
23,030 
(16,083)
Creditors: amounts falling due after more than one year
(55,336)
(10,282)
Net liabilities
(32,306)
(26,365)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(32,307)
(26,366)
Shareholders' funds
(32,306)
(26,365)
For the year ending 5 April 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 director acknowledges his 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 and authorised for issue on 4 April 2024 and were signed on its behalf by
JAMES JOSEPH COMMINS Director Company Registration No. SC655549
- 4 -
AMARCO ESTATES LTD Notes to the Accounts for the year ended 5 April 2023
1
Statutory information
AMARCO ESTATES LTD is a private company, limited by shares, registered in Scotland, registration number SC655549. The registered office is 18 MAIN STREET, COATBRIDGE, ML5 3AE, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
18%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 6 April 2022
- 
Additions
17,796 
At 5 April 2023
17,796 
Depreciation
Charge for the year
3,203 
At 5 April 2023
3,203 
Net book value
At 5 April 2023
14,593 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,041 
405 
Other debtors
1,426 
- 
12,467 
405 
- 5 -
AMARCO ESTATES LTD Notes to the Accounts for the year ended 5 April 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(1,816)
83 
Trade creditors
6,071 
2,361 
Taxes and social security
- 
474 
Other creditors
- 
1,056 
Loans from directors
- 
13,515 
4,255 
17,489 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,620 
10,282 
Loans from directors
47,716 
- 
55,336 
10,282 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -