Company Registration No. 05497565 (England and Wales)
AM Digital Limited
Unaudited accounts
for the year ended 31 July 2024
AM Digital Limited
Unaudited accounts
Contents
AM Digital Limited
Company Information
for the year ended 31 July 2024
Company Number
05497565 (England and Wales)
Registered Office
122 Mossy Lea Road
Wrightington
Wigan
Lancashire
WN6 9RD
Accountants
My Clear Accounts Limited
39 Fieldside Avenue
Euxton
Chorley
Lancashire
PR7 6JF
AM Digital Limited
Statement of financial position
as at 31 July 2024
Tangible assets
34,232
2,098
Cash at bank and in hand
146,196
142,771
Creditors: amounts falling due within one year
(53,739)
(19,615)
Net current assets
142,749
141,792
Net assets
176,981
143,890
Called up share capital
1,000
1,000
Profit and loss account
175,981
142,890
Shareholders' funds
176,981
143,890
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 director acknowledges his 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 22 November 2024 and were signed on its behalf by
Andrew Atkinson
Director
Company Registration No. 05497565
AM Digital Limited
Notes to the Accounts
for the year ended 31 July 2024
AM Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 05497565. The registered office is 122 Mossy Lea Road, Wrightington, Wigan, Lancashire, WN6 9RD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
14,199
-
14,199
Additions
541
32,812
33,353
At 31 July 2024
14,740
32,812
47,552
At 1 August 2023
12,101
-
12,101
Charge for the year
536
683
1,219
At 31 July 2024
12,637
683
13,320
At 31 July 2024
2,103
32,129
34,232
At 31 July 2023
2,098
-
2,098
AM Digital Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
34,002
17,701
Accrued income and prepayments
16,290
935
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
21,923
9,606
Other creditors
3,459
1,547
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).