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Company Registration No. 11609305 (England and Wales)
AMK Tiling Services LTD Unaudited accounts for the year ended 31 October 2023
AMK Tiling Services LTD Unaudited accounts Contents
Page
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AMK Tiling Services LTD Company Information for the year ended 31 October 2023
Director
Andrew Kurton
Company Number
11609305 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX ENGLAND
Accountants
Arithmo Accountancy Ltd Meadow Barn Low Road North Tuddenham, Dereham NORFOLK NR20 3AB
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AMK Tiling Services LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
379 
132 
Current assets
Inventories
2,960 
3,095 
Debtors
30,515 
31,216 
Cash at bank and in hand
1,238 
8,039 
34,713 
42,350 
Creditors: amounts falling due within one year
(24,476)
(39,827)
Net current assets
10,237 
2,523 
Total assets less current liabilities
10,616 
2,655 
Creditors: amounts falling due after more than one year
(29,556)
(31,097)
Provisions for liabilities
Deferred tax
(72)
(25)
Net liabilities
(19,012)
(28,467)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(19,014)
(28,469)
Shareholders' funds
(19,012)
(28,467)
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 July 2024 and were signed on its behalf by
Andrew Kurton Director Company Registration No. 11609305
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AMK Tiling Services LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
AMK Tiling Services LTD is a private company, limited by shares, registered in England and Wales, registration number 11609305. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, 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.
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.
Turnover
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
20% & 33% on cost
Computer equipment
33% on cost
Inventories
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AMK Tiling Services LTD Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
1,595 
Additions
500 
At 31 October 2023
2,095 
Depreciation
At 1 November 2022
1,463 
Charge for the year
253 
At 31 October 2023
1,716 
Net book value
At 31 October 2023
379 
At 31 October 2022
132 
5
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
72 
25 
2023 
2022 
£ 
£ 
Provision at start of year
25 
49 
Charged/(credited) to the profit and loss account
47 
(24)
Provision at end of year
72 
25 
6
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 October 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
241 
2,897 
Later than one year and not later than five years
- 
241 
241 
3,138 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alexandra Kurton
Loan
5,452 
- 
5,452 
- 
5,452 
- 
5,452 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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