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REGISTERED NUMBER: 13232084 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

AMEG-GROUP LIMITED

AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMEG-GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Miss A M E George
Mr R Hole





REGISTERED OFFICE: 41 Elgar Way
Stamford
PE9 1EY





REGISTERED NUMBER: 13232084 (England and Wales)





ACCOUNTANTS: A Wigglesworth And Company Ltd
Armstrong House
First Avenue
Finningley
Doncaster
South Yorkshire
DN9 3GA

AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,238 1,456

CURRENT ASSETS
Debtors 5 35,839 23,891
Cash at bank 47,582 58,657
83,421 82,548
CREDITORS
Amounts falling due within one year 6 23,376 18,657
NET CURRENT ASSETS 60,045 63,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,283

65,347

PROVISIONS FOR LIABILITIES 351 200
NET ASSETS 61,932 65,147

CAPITAL AND RESERVES
Called up share capital 52 52
Retained earnings 61,880 65,095
SHAREHOLDERS' FUNDS 61,932 65,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mr R Hole - Director


AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

AMEG-Group Limited 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 etc - 33% 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.

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.

AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 2,482
Additions 1,886
At 29 February 2024 4,368
DEPRECIATION
At 1 March 2023 1,026
Charge for year 1,104
At 29 February 2024 2,130
NET BOOK VALUE
At 29 February 2024 2,238
At 28 February 2023 1,456

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,173 15,165
Other debtors 16,666 8,726
35,839 23,891

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 10,656 13,160
Other creditors 12,720 5,497
23,376 18,657

AMEG-GROUP LIMITED (REGISTERED NUMBER: 13232084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Miss A M E George and Mr R Hole
Balance outstanding at start of year 5,890 5,678
Amounts advanced 86,761 23,760
Amounts repaid (83,171 ) (23,548 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,480 5,890

No beneficial loan interest has been charged on the overdrawn balance, as it never exceeded the de minimis limit.

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.