Company Registration No. 12297467 (England and Wales)
AM ELECTRICAL SOUTH LIMITED
Unaudited accounts
for the year ended 30 November 2023
AM ELECTRICAL SOUTH LIMITED
Unaudited accounts
Contents
AM ELECTRICAL SOUTH LIMITED
Company Information
for the year ended 30 November 2023
Director
Jacqueline Sanderson
Company Number
12297467 (England and Wales)
Registered Office
93 FAWCETT ROAD
SOUTHSEA
HAMPSHIRE
PO4 0DB
ENGLAND
Accountants
BLACKPOINT ACCOUNTING LIMITED
194A SEA FRONT
HAYLING ISLAND
HAMPSHIRE
PO11 9HR
AM ELECTRICAL SOUTH LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
39,018
60,506
Cash at bank and in hand
66,851
6,634
Creditors: amounts falling due within one year
(169,255)
(131,998)
Net current assets
22,014
42,928
Total assets less current liabilities
61,032
103,434
Creditors: amounts falling due after more than one year
(92,902)
(131,391)
Net liabilities
(31,870)
(27,957)
Called up share capital
1
1
Profit and loss account
(31,871)
(27,958)
Shareholders' funds
(31,870)
(27,957)
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Jacqueline Sanderson
Director
Company Registration No. 12297467
AM ELECTRICAL SOUTH LIMITED
Notes to the Accounts
for the year ended 30 November 2023
AM ELECTRICAL SOUTH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12297467. The registered office is 93 FAWCETT ROAD, SOUTHSEA, HAMPSHIRE, PO4 0DB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
35,424
68,739
2,712
106,875
Additions
-
5,570
2,279
7,849
At 30 November 2023
35,424
74,309
4,991
114,724
At 1 December 2022
18,912
25,143
2,314
46,369
Charge for the year
7,085
20,588
1,664
29,337
At 30 November 2023
25,997
45,731
3,978
75,706
At 30 November 2023
9,427
28,578
1,013
39,018
At 30 November 2022
16,512
43,596
398
60,506
AM ELECTRICAL SOUTH LIMITED
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
72,282
93,308
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
101,363
120,668
Taxes and social security
67,892
11,330
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
43,938
54,906
Other creditors
2,338
26,545
Loans from directors
32,636
34,860
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).