Registered number
12763804
AMA Medics Ltd
Filleted Accounts
31 July 2024
AMA Medics Ltd
Registered number: 12763804
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,899 2,190
Current assets
Cash at bank and in hand 111,980 165,958
Creditors: amounts falling due within one year 4 (11,550) (56,436)
Net current assets 100,430 109,522
Total assets less current liabilities 102,329 111,712
Creditors: amounts falling due after more than one year 5 (6,133) (4,968)
Net assets 96,196 106,744
Capital and reserves
Called up share capital 100 100
Profit and loss account 96,096 106,644
Shareholder's funds 96,196 106,744
The director is 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 director acknowledges his 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.
Ashifaben Talati
Director
Approved by the board on 23 August 2024
AMA Medics Ltd
Notes to the Accounts
for the year ended 31 July 2024
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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
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 over 10 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2023 2,912
At 31 July 2024 2,912
Depreciation
At 1 August 2023 722
Charge for the year 291
At 31 July 2024 1,013
Net book value
At 31 July 2024 1,899
At 31 July 2023 2,190
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation Tax 9,659 14,764
Other creditors 1,891 41,672
11,550 56,436
5 Creditors: amounts falling due after one year 2024 2023
£ £
Directors Loan 6,133 4,968
6 Controlling party
The company is wholly owned by the director by virtue of them owning the fully issued share capital.
7 Other information
AMA Medics Ltd is a private company limited by shares and incorporated in England. Its registered office is:
10a Rectory View
Thornhill
Dewsbury
WF12 0NN
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