Registered number
06024190
Amptron Electrical Services Limited
Report and Accounts
31 December 2023
Amptron Electrical Services Limited
Report to the directors on the preparation of the unaudited statutory accounts of Amptron Electrical Services Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Amptron Electrical Services Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
18 March 2024
Amptron Electrical Services Limited
Registered number: 06024190
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 800,784 801,498
800,785 801,499
Current assets
Stocks 195,144 195,144
Debtors 5 2,411,036 1,176,536
Investments held as current assets 64,501 246,001
Cash at bank and in hand 3,613,509 3,875,306
6,284,190 5,492,987
Creditors: amounts falling due within one year 6 (1,781,244) (1,233,032)
Net current assets 4,502,946 4,259,955
Total assets less current liabilities 5,303,731 5,061,454
Creditors: amounts falling due after more than one year 7 (250,288) (295,117)
Net assets 5,053,443 4,766,337
Capital and reserves
Called up share capital 1 1
Profit and loss account 5,053,442 4,766,336
Shareholder's funds 5,053,443 4,766,337
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D W Smith - Kind
Director
Approved by the board on 18 March 2024
Amptron Electrical Services Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Office Equipment 50% reducing balance
Furniture and Fixtures 50% reducing balance
Motor vehicles 33% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 34 34
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2023 36,000
At 31 December 2023 36,000
Amortisation
At 1 January 2023 35,999
At 31 December 2023 35,999
Net book value
At 31 December 2023 1
At 31 December 2022 1
Goodwill is being written off in equal annual instalments over its estimated economic life of 6 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2023 798,644 29,501 828,145
At 31 December 2023 798,644 29,501 828,145
Depreciation
At 1 January 2023 - 26,647 26,647
Charge for the year - 714 714
At 31 December 2023 - 27,361 27,361
Net book value
At 31 December 2023 798,644 2,140 800,784
At 31 December 2022 798,644 2,854 801,498
5 Debtors 2023 2022
£ £
Trade debtors 2,411,036 1,176,536
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 36,835 36,835
Trade creditors 1,583,561 948,520
Corporation tax 104,356 163,725
Other taxes and social security costs 52,074 80,590
Other creditors 4,418 3,362
1,781,244 1,233,032
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 250,288 295,117
8 Other information
Amptron Electrical Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
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