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REGISTERED NUMBER: 04576721 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

A M FIRE SYSTEMS LTD

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A M FIRE SYSTEMS LTD

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTORS: Mr A Edmunds
Mrs C Edmunds
Mr A J Edmunds





SECRETARY: Mrs C Edmunds





REGISTERED OFFICE: Redbrook Mill
Bury Road
Rochdale
Lancashire
OL11 4EE





REGISTERED NUMBER: 04576721 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 230,537 218,080
230,537 218,080

CURRENT ASSETS
Stocks 6 19,106 21,820
Debtors 7 1,007,617 1,022,982
Cash at bank 1,401,967 455,892
2,428,690 1,500,694
CREDITORS
Amounts falling due within one year 8 (1,184,043 ) (873,231 )
NET CURRENT ASSETS 1,244,647 627,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,475,184

845,543

CREDITORS
Amounts falling due after more than one
year

9

(17,262

)

(27,310

)

PROVISIONS FOR LIABILITIES (57,634 ) (54,520 )
NET ASSETS 1,400,288 763,713

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,400,188 763,613
SHAREHOLDERS' FUNDS 1,400,288 763,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

BALANCE SHEET - continued
31 July 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 9 October 2024 and were signed on its behalf by:




Mr A Edmunds - Director



Mrs C Edmunds - Director


A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024

1. STATUTORY INFORMATION

A M Fire Systems Ltd 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

Going concern
The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 30% on reducing balance

Fixed assets are stated at cost less accumulated depreciation.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 7,900
AMORTISATION
At 1 August 2023
and 31 July 2024 7,900
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023 39,655 13,903 280,752 334,310
Additions - 8,485 90,335 98,820
At 31 July 2024 39,655 22,388 371,087 433,130
DEPRECIATION
At 1 August 2023 33,649 12,081 70,500 116,230
Charge for year 1,201 948 84,214 86,363
At 31 July 2024 34,850 13,029 154,714 202,593
NET BOOK VALUE
At 31 July 2024 4,805 9,359 216,373 230,537
At 31 July 2023 6,006 1,822 210,252 218,080

6. STOCKS
2024 2023
£    £   
Stocks 19,106 21,820

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 933,085 963,149
Other debtors 19,336 17,878
Prepayments 55,196 41,955
1,007,617 1,022,982

A M FIRE SYSTEMS LTD (REGISTERED NUMBER: 04576721)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,080 9,832
Trade creditors 533,634 713,775
Tax 275,744 43,878
Social security and other taxes 117,690 55,056
Directors' current accounts 200,000 -
Accruals and deferred income 46,895 50,690
1,184,043 873,231

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 17,262 27,310

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £200,000 (2023 - £150,000) were paid to the directors .