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REGISTERED NUMBER: 11527605 (England and Wales)















Financial Statements for the Year Ended 31 August 2023

for

AMMO SERVICES LTD

AMMO SERVICES LTD (Registered number: 11527605)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMMO SERVICES LTD

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mrs Monique Batra





REGISTERED OFFICE: 15 Amity Close
Smethwick
West Midlands
B66 3AB





REGISTERED NUMBER: 11527605 (England and Wales)






AMMO SERVICES LTD (Registered number: 11527605)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,332 25,119

CURRENT ASSETS
Debtors 5 5,736 67,189
Cash at bank 133,598 49,932
139,334 117,121
CREDITORS
Amounts falling due within one year 6 68,134 71,785
NET CURRENT ASSETS 71,200 45,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,532

70,455

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8 92,530 70,453
SHAREHOLDERS' FUNDS 92,532 70,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2024 and were signed by:





Mrs Monique Batra - Director


AMMO SERVICES LTD (Registered number: 11527605)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

AMMO SERVICES LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

AMMO SERVICES LTD (Registered number: 11527605)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 September 2022 30,450 10,347 40,797
Additions - 1,546 1,546
At 31 August 2023 30,450 11,893 42,343
DEPRECIATION
At 1 September 2022 12,236 3,442 15,678
Charge for year 3,642 1,691 5,333
At 31 August 2023 15,878 5,133 21,011
NET BOOK VALUE
At 31 August 2023 14,572 6,760 21,332
At 31 August 2022 18,214 6,905 25,119

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 5,736 67,189

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 239 775
Taxation and social security 36,808 34,119
Other creditors 31,087 36,891
68,134 71,785

7. LOANS

An analysis of the maturity of loans is given below:

31.8.23 31.8.22
£    £   
Amounts falling due within one year or on demand:
Other loans 25,009 28,927

AMMO SERVICES LTD (Registered number: 11527605)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. RESERVES
Retained
earnings
£   

At 1 September 2022 70,453
Profit for the year 76,077
Dividends (54,000 )
At 31 August 2023 92,530