1 August 2023 false No description of principal activity Taxfiler 2024.5 12755037business:PrivateLimitedCompanyLtd2023-08-012024-07-31 127550372023-07-31 127550372023-08-012024-07-31 12755037business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 12755037business:FilletedAccounts2023-08-012024-07-31 127550372024-07-31 127550372023-07-31 12755037core:WithinOneYear2024-07-31 12755037core:WithinOneYear2023-07-31 12755037core:AfterOneYear2024-07-31 12755037core:AfterOneYear2023-07-31 12755037core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12755037core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12755037core:PreviouslyStatedAmount2024-07-31 12755037core:PreviouslyStatedAmount2023-07-31 12755037business:SmallEntities2023-08-012024-07-31 12755037business:Director12023-08-012024-07-31 12755037countries:EnglandWales2023-08-012024-07-31 12755037business:RegisteredOffice2023-08-012024-07-31 12755037core:PlantMachinery2023-08-012024-07-31 12755037core:MotorVehicles2023-08-012024-07-31 12755037core:ComputerEquipment2023-08-012024-07-31 12755037core:PlantMachinery2023-07-31 12755037core:MotorVehicles2023-07-31 12755037core:ComputerEquipment2023-07-31 12755037core:PlantMachinery2024-07-31 12755037core:MotorVehicles2024-07-31 12755037core:ComputerEquipment2024-07-31 127550372022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12755037 (England and Wales)
AMJ Strip Out Limited Unaudited accounts for the year ended 31 July 2024
AMJ Strip Out Limited Unaudited accounts Contents
Page
- 2 -
AMJ Strip Out Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
155,223 
146,462 
Current assets
Debtors
185,233 
110,424 
Cash at bank and in hand
19,116 
62,408 
204,349 
172,832 
Creditors: amounts falling due within one year
44,166 
29,691 
Net current assets
248,515 
202,523 
Total assets less current liabilities
403,738 
348,985 
Creditors: amounts falling due after more than one year
(180,854)
(172,847)
Net assets
222,884 
176,138 
Capital and reserves
Profit and loss account
222,884 
176,138 
Shareholders' funds
222,884 
176,138 
For the year ending 31 July 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by
James Earl Director Company Registration No. 12755037
- 3 -
AMJ Strip Out Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
AMJ Strip Out Limited is a private company, limited by shares, registered in England and Wales, registration number 12755037. The registered office is Unit F14, Holly Farm Business Park, Honiley, Coventry, West Midlands, CV8 1NP, 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
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
18,751 
180,827 
224 
199,802 
Additions
- 
71,450 
- 
71,450 
At 31 July 2024
18,751 
252,277 
224 
271,252 
Depreciation
At 1 August 2023
5,217 
47,947 
176 
53,340 
Charge for the year
4,692 
57,949 
48 
62,689 
At 31 July 2024
9,909 
105,896 
224 
116,029 
Net book value
At 31 July 2024
8,842 
146,381 
- 
155,223 
At 31 July 2023
13,534 
132,880 
48 
146,462 
- 4 -
AMJ Strip Out Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,145 
20,676 
Trade debtors
164,669 
69,584 
Accrued income and prepayments
7,425 
15,170 
Other debtors
4,994 
4,994 
185,233 
110,424 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
(46,526)
(31,822)
Other creditors
2,360 
2,131 
(44,166)
(29,691)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
161,854 
122,847 
Other creditors
19,000 
50,000 
180,854 
172,847 
8
Average number of employees
During the year the average number of employees was 13 (2023: 16).
- 5 -