IRIS Accounts Production v24.2.0.383 05655626 Board of Directors Board of Directors 25.6.23 24.6.24 24.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056556262023-06-24056556262024-06-24056556262023-06-252024-06-24056556262022-06-24056556262022-06-252023-06-24056556262023-06-2405655626ns15:EnglandWales2023-06-252024-06-2405655626ns14:PoundSterling2023-06-252024-06-2405655626ns10:Director12023-06-252024-06-2405655626ns10:Director22023-06-252024-06-2405655626ns10:PrivateLimitedCompanyLtd2023-06-252024-06-2405655626ns10:SmallEntities2023-06-252024-06-2405655626ns10:AuditExempt-NoAccountantsReport2023-06-252024-06-2405655626ns10:SmallCompaniesRegimeForDirectorsReport2023-06-252024-06-2405655626ns10:SmallCompaniesRegimeForAccounts2023-06-252024-06-2405655626ns10:FullAccounts2023-06-252024-06-2405655626ns10:CompanySecretary12023-06-252024-06-2405655626ns10:RegisteredOffice2023-06-252024-06-2405655626ns5:CurrentFinancialInstruments2024-06-2405655626ns5:CurrentFinancialInstruments2023-06-2405655626ns5:Non-currentFinancialInstruments2024-06-2405655626ns5:Non-currentFinancialInstruments2023-06-2405655626ns5:ShareCapital2024-06-2405655626ns5:ShareCapital2023-06-2405655626ns5:RetainedEarningsAccumulatedLosses2024-06-2405655626ns5:RetainedEarningsAccumulatedLosses2023-06-2405655626ns5:PlantMachinery2023-06-252024-06-2405655626ns5:MotorVehicles2023-06-252024-06-2405655626ns5:ComputerEquipment2023-06-252024-06-2405655626ns5:PlantMachinery2023-06-2405655626ns5:MotorVehicles2023-06-2405655626ns5:ComputerEquipment2023-06-2405655626ns5:PlantMachinery2024-06-2405655626ns5:MotorVehicles2024-06-2405655626ns5:ComputerEquipment2024-06-2405655626ns5:PlantMachinery2023-06-2405655626ns5:MotorVehicles2023-06-2405655626ns5:ComputerEquipment2023-06-2405655626ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-2405655626ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-2405655626ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-2405655626ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-2405655626ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-2405655626ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-24
REGISTERED NUMBER: 05655626 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 JUNE 2024

FOR

AMCO BRIGHTON LIMITED

AMCO BRIGHTON LIMITED (REGISTERED NUMBER: 05655626)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMCO BRIGHTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24 JUNE 2024







DIRECTORS: Ms S L Meah
A Meah





SECRETARY: Ms S L Meah





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 05655626 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

AMCO BRIGHTON LIMITED (REGISTERED NUMBER: 05655626)

BALANCE SHEET
24 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 5,733 7,368

CURRENT ASSETS
Debtors 4 25,669 63,851

CREDITORS
Amounts falling due within one year 5 212,773 262,310
NET CURRENT LIABILITIES (187,104 ) (198,459 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(181,371

)

(191,091

)

CREDITORS
Amounts falling due after more than one
year

6

98,393

60,100
NET LIABILITIES (279,764 ) (251,191 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (279,766 ) (251,193 )
SHAREHOLDERS' FUNDS (279,764 ) (251,191 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 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.

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 16 September 2024 and were signed on its behalf by:




A Meah - Director



Ms S L Meah - Director


AMCO BRIGHTON LIMITED (REGISTERED NUMBER: 05655626)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 JUNE 2024

1. 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 represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 25 June 2023 4,769 23,694 2,759 31,222
Additions 233 - - 233
At 24 June 2024 5,002 23,694 2,759 31,455
DEPRECIATION
At 25 June 2023 4,562 16,533 2,759 23,854
Charge for year 78 1,790 - 1,868
At 24 June 2024 4,640 18,323 2,759 25,722
NET BOOK VALUE
At 24 June 2024 362 5,371 - 5,733
At 24 June 2023 207 7,161 - 7,368

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 4,000
Tax 2,815 2,815
Prepayments and accrued income 22,854 57,036
25,669 63,851

AMCO BRIGHTON LIMITED (REGISTERED NUMBER: 05655626)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 24 JUNE 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 40,851 50,548
Trade creditors 5,136 18,611
Social security and other taxes 20,509 18,996
VAT 22,961 13,893
Other creditors 16,059 29,842
Directors' current accounts 104,958 128,120
Accrued expenses 2,299 2,300
212,773 262,310

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 23,044 11,151
Bank loans - 2-5 years 75,349 48,949
98,393 60,100

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Mrs S Meah decreased her loan to the company. As at 24 June 2024, the company owed her £35,138 (2023: £53,523). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, A Meah decreased his loan to the company. As at 24 June 2024, the company owed him £69,820 (2023: £74,597). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Meah and Mrs S L Meah.

This was by virtue of their 100% holding of the issued share capital.