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REGISTERED NUMBER: 03541783 (England and Wales)














AMS MANAGEMENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023






AMS MANAGEMENT LIMITED (REGISTERED NUMBER: 03541783)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMS MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: D Black
J C Goodhind





REGISTERED OFFICE: Elgee Works
Victoria Street
Desborough
Northamptonshire
NN14 2LX





REGISTERED NUMBER: 03541783 (England and Wales)





AUDITORS: Stour Accountants Limited
Chartered Certified Accountants and Statutory
Auditors
402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG

AMS MANAGEMENT LIMITED (REGISTERED NUMBER: 03541783)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £ £
CURRENT ASSETS
Stocks - 12,554
Debtors 4 86,092 104,596
Cash at bank 2,388 7,549
88,480 124,699
CREDITORS
Amounts falling due within one year 5 5,888 33,747
NET CURRENT ASSETS 82,592 90,952
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,592

90,952

CREDITORS
Amounts falling due after more than one
year

6

34,038

39,926
NET ASSETS 48,554 51,026

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 38,554 41,026
48,554 51,026

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 28th October 2024 and were signed on its behalf by:





J C Goodhind - Director


AMS MANAGEMENT LIMITED (REGISTERED NUMBER: 03541783)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

Ams Management Limited 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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 10,894
Amounts owed by group undertakings 86,092 86,844
Other debtors - 6,858
86,092 104,596

AMS MANAGEMENT LIMITED (REGISTERED NUMBER: 03541783)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 5,888 5,645
Hire purchase contracts - 2,048
Trade creditors - 10
Taxation and social security - 24,044
Other creditors - 2,000
5,888 33,747

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans 34,038 39,926

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

William David Chinn (Senior Statutory Auditor)
for and on behalf of Stour Accountants Limited

8. RELATED PARTY DISCLOSURES

AMS Management Limited is a wholly owned subsidiary of Beacon International Limited.

As at 31 October 2023 £26,092 (2022 £26,844) was due to Beacon International Limited from AMS Management Limited.

Beacon International Holdings Limited is the ultimate parent company of the group.

As at 31 October 2023 £60,000 (2022 £60,000) was due to Beacon International Holdings Limited.