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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
Page
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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
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AM ELECTRICAL SOUTH LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,018 
60,506 
Current assets
Inventories
35,000 
40,000 
Debtors
89,418 
128,292 
Cash at bank and in hand
66,851 
6,634 
191,269 
174,926 
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)
Capital and reserves
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
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AM ELECTRICAL SOUTH LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20%
Motor vehicles
20%
Computer equipment
33%
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 
Depreciation
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 
Net book value
At 30 November 2023
9,427 
28,578 
1,013 
39,018 
At 30 November 2022
16,512 
43,596 
398 
60,506 
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AM ELECTRICAL SOUTH LIMITED Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
17,136 
34,984 
Trade debtors
72,282 
93,308 
89,418 
128,292 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
101,363 
120,668 
Taxes and social security
67,892 
11,330 
169,255 
131,998 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,990 
15,080 
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 
92,902 
131,391 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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