AMCO Services Limited 09467030 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is business consultancy within the IT services industry. Digita Accounts Production Advanced 6.30.9574.0 true C Robinson A L S Robinson true 09467030 2023-04-01 2024-03-31 09467030 2024-03-31 09467030 bus:Director1 1 2024-03-31 09467030 bus:Director2 1 2024-03-31 09467030 bus:OrdinaryShareClass1 2024-03-31 09467030 core:OtherReservesSubtotal 2024-03-31 09467030 core:RetainedEarningsAccumulatedLosses 2024-03-31 09467030 core:ShareCapital 2024-03-31 09467030 core:CurrentFinancialInstruments 2024-03-31 09467030 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09467030 core:OtherPropertyPlantEquipment 2024-03-31 09467030 core:DeferredTaxation 2024-03-31 09467030 bus:FRS102 2023-04-01 2024-03-31 09467030 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09467030 bus:FullAccounts 2023-04-01 2024-03-31 09467030 bus:RegisteredOffice 2023-04-01 2024-03-31 09467030 bus:Director1 2023-04-01 2024-03-31 09467030 bus:Director1 1 2023-04-01 2024-03-31 09467030 bus:Director2 2023-04-01 2024-03-31 09467030 bus:Director2 1 2023-04-01 2024-03-31 09467030 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 09467030 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 09467030 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09467030 core:PlantMachinery 2023-04-01 2024-03-31 09467030 countries:EnglandWales 2023-04-01 2024-03-31 09467030 2023-03-31 09467030 bus:Director1 1 2023-03-31 09467030 bus:Director2 1 2023-03-31 09467030 core:OtherPropertyPlantEquipment 2023-03-31 09467030 core:DeferredTaxation 2023-03-31 09467030 2023-03-31 09467030 bus:Director1 1 2023-03-31 09467030 bus:Director2 1 2023-03-31 09467030 bus:OrdinaryShareClass1 2023-03-31 09467030 core:OtherReservesSubtotal 2023-03-31 09467030 core:RetainedEarningsAccumulatedLosses 2023-03-31 09467030 core:ShareCapital 2023-03-31 09467030 core:CurrentFinancialInstruments 2023-03-31 09467030 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09467030 bus:Director1 1 2022-04-01 2023-03-31 09467030 bus:Director2 1 2022-04-01 2023-03-31 09467030 bus:Director1 1 2022-03-31 09467030 bus:Director2 1 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09467030

AMCO Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

AMCO Services Limited

Profit and Loss Account for the Year Ended 31 March 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

AMCO Services Limited

(Registration number: 09467030)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

7,500

7,500

Current assets

 

Debtors

5

583

584

Cash at bank and in hand

 

310

310

 

893

894

Creditors: Amounts falling due within one year

7

(7,743)

(7,744)

Net current liabilities

 

(6,850)

(6,850)

Total assets less current liabilities

 

650

650

Provisions for liabilities

8

(291)

(291)

Net assets

 

359

359

Capital and reserves

 

Called up share capital

9

2

2

Other reserves

1,243

1,243

Retained earnings

(886)

(886)

Shareholders' funds

 

359

359

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

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

The directors acknowledge their 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.

Approved and authorised by the Board on 16 July 2024 and signed on its behalf by:
 

 

AMCO Services Limited

(Registration number: 09467030)
Balance Sheet as at 31 March 2024

.........................................
C Robinson
Director

 

AMCO Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

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

The address of its registered office is:
18 Forest Drive
Keston
BR2 6EF
England

These financial statements were authorised for issue by the Board on 16 July 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

33.3% Straight Line

 

AMCO Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by management. Management use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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 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.

Financial instruments

Recognition and measurement
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like investments, trade and other debtors and creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are
measured, initially and subsequently, at the undiscounted amount of the cash or cash consideration expected
to be paid or received.

 

 

AMCO Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2023

4,191

4,191

At 31 March 2024

4,191

4,191

Depreciation

At 1 April 2023

4,191

4,191

At 31 March 2024

4,191

4,191

Carrying amount

At 31 March 2024

-

-

4

Investment properties

2024
£

At 1 April

7,500

At 31 March

7,500

The historical cost of the investment property as at 31 March 2023 was £5,966 (2022: £5,966), and the fair value as at 31 March 2023 was £7,500 (2022: £7,500).

There has been no valuation of investment property by an independent valuer.

5

Debtors

6

Cash and cash equivalents

2024
£

2023
£

Cash at bank

310

310

 

AMCO Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to related parties

10

7,292

7,292

Other payables

 

1

2

Accruals

 

450

450

 

7,743

7,744

8

Provisions for liabilities

Deferred tax
£

Total
£

At 1 April 2023

291

291

At 31 March 2024

291

291

9

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2

         
 

AMCO Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

10

Related party transactions

Transactions with directors

2024

At 1 April 2023
£

At 31 March 2024
£

C Robinson

Amount owed to/(from) the Director

3,646

3,646

     
   

A L S Robinson

Amounts owed to / (from) the Director

3,646

3,646

     
   

 

2023

At 1 April 2022
£

Repayments by director
£

At 31 March 2023
£

C Robinson

Amount owed to/(from) the Director

2,681

965

3,646

       
     

A L S Robinson

Amounts owed to / (from) the Director

2,681

965

3,646