06718666falseelectrical contractors2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director22022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2022-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06718666

A. M. (Cumbria) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

A. M. (Cumbria) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
Mrs P A McIntosh
J E McIntosh
REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06718666
BANKERS
HSBC plc
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

A. M. (Cumbria) Limited

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

A. M. (Cumbria) Limited

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets214,37412,166
CURRENT ASSETS
Stock25,07529,850
Debtors463,16430,656
Cash at bank and in hand81,2047,722
169,44368,228
CREDITORS: Amounts falling due within one year5169,26694,569
NET CURRENT ASSETS / (LIABILITIES)177(26,341)
TOTAL ASSETS LESS CURRENT LIABILITIES14,551(14,175)
CREDITORS: Amounts falling due after more than one year616,36426,726
NET LIABILITIES(1,813)(40,901)
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account(1,913)(41,001)
SHAREHOLDERS' FUNDS(1,813)(40,901)
For the year ending 30/11/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/08/2024 and signed on their behalf by
.............................
Mrs P A McIntosh
Director

A. M. (Cumbria) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office and Computer Equipmentreducing balance 25%
Motor Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

A. M. (Cumbria) Limited

1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recongised upon the despatch of goods and the provision of services.
1g. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the agreement. Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
EquipmentMotor VehiclesTotal
£££
Cost
At 01/12/20224,55065,30469,854
Additions-6,9996,999
At 30/11/20234,55072,30376,853
Depreciation
At 01/12/20223,89553,79357,688
For the year1644,6274,791
At 30/11/20234,05958,42062,479
Net Book Amounts
At 30/11/202349113,88314,374
At 30/11/202265511,51112,166
3. STOCK 20232022
££
Stock comprises:
Consumable stores600600
Work in progress24,47529,250
25,07529,850
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors55,54123,060
VAT-2,558
Directors current account7,6235,038
63,16430,656

A. M. (Cumbria) Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax32,10953,617
VAT954-
Other tax and social security creditors7,42314,206
Bank loan8,0008,000
Hire purchase2,1643,759
Trade creditors111,7069,026
Accruals6,9105,961
169,26694,569
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans >1yr13,33321,333
Hire purchase >1yr3,0315,393
16,36426,726
7. SECURED CREDITORS
20232022
££
Amount of other creditors which are secured5,1959,152
Hire purchase creditors are secured on the assets to which the corresponding liabilities relate.
8. EMPLOYEES
20232022
No.No.
Average number of employees99

A. M. (Cumbria) Limited

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. RELATED PARTY TRANSACTIONS
Dividends of £60,000 (2022 - £20,000) were paid to the directors during the year.
Total salaries of £18,192 were paid to the directors during the year (2022 - £18,024).
At the balance sheet date the directors owed £7,623 to the company (2022 - £5,038). The loans are unsecured, interest free and repayable on demand.
11. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 06718666.
The company's registered office is 6 Brunswick Street, Carlisle, CA1 1PN.
12. TRANSACTIONS WITH DIRECTORS
At 1 December 2022 a loan of £5,038 was owed to the company by the directors which was repaid in full. Further advances of £7,623 were made to the directors during the year which remain outstanding at the balance sheet date. The loan is interest free, unsecured and repayable on demand.