1 March 2023 false No description of principal activity Taxfiler 2024.6 10603812business:PrivateLimitedCompanyLtd2023-03-012024-02-29 106038122023-02-28 106038122023-03-012024-02-29 10603812business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 10603812business:FilletedAccounts2023-03-012024-02-29 106038122024-02-29 10603812business:Director12023-03-012024-02-29 10603812business:Director22023-03-012024-02-29 10603812business:RegisteredOffice2023-03-012024-02-29 106038122023-02-28 10603812core:WithinOneYear2024-02-29 10603812core:WithinOneYear2023-02-28 10603812core:AfterOneYear2024-02-29 10603812core:AfterOneYear2023-02-28 10603812core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10603812core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10603812core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10603812core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10603812core:PreviouslyStatedAmount2024-02-29 10603812core:PreviouslyStatedAmount2023-02-28 10603812business:SmallEntities2023-03-012024-02-29 10603812countries:EnglandWales2023-03-012024-02-29 10603812core:PlantMachinery2023-03-012024-02-29 10603812core:PlantMachinery2023-02-28 10603812core:PlantMachinery2024-02-29 106038122022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10603812 (England and Wales)
AMK Lab ltd Filleted accounts for the year ended 29 February 2024
AMK Lab ltd Filleted accounts Contents
Page
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AMK Lab ltd Company Information for the year ended 29 February 2024
Directors
Mindaugas Zukauskas Alioune Ndione
Company Number
10603812 (England and Wales)
Registered Office
166 COLLEGE ROAD LONDON HA1 1BH ENGLAND
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AMK Lab ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,063 
499 
Current assets
Inventories
20,000 
15,000 
Debtors
12,933 
69,373 
Cash at bank and in hand
68,050 
68,972 
100,983 
153,345 
Creditors: amounts falling due within one year
(116,243)
(158,761)
Net current liabilities
(15,260)
(5,416)
Total assets less current liabilities
14,803 
(4,917)
Creditors: amounts falling due after more than one year
(11,250)
(20,250)
Net assets/(liabilities)
3,553 
(25,167)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,552 
(25,168)
Shareholders' funds
3,553 
(25,167)
For the year ending 29 February 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 29 November 2024 and were signed on its behalf by
Mindaugas Zukauskas Director Company Registration No. 10603812
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AMK Lab ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
AMK Lab ltd is a private company, limited by shares, registered in England and Wales, registration number 10603812. The registered office is 166 COLLEGE ROAD, LONDON, HA1 1BH, 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
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.
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
Straight line 20%
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
833 
Additions
33,033 
At 29 February 2024
33,866 
Depreciation
At 1 March 2023
334 
Charge for the year
3,469 
At 29 February 2024
3,803 
Net book value
At 29 February 2024
30,063 
At 28 February 2023
499 
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AMK Lab ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
732 
168 
Trade debtors
9,024 
59,116 
Accrued income and prepayments
1,527 
7,502 
Other debtors
1,650 
2,587 
12,933 
69,373 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,000 
9,000 
VAT
- 
1,191 
Trade creditors
34,884 
143,530 
Taxes and social security
4,879 
4,467 
Other creditors
43,341 
226 
Loans from directors
347 
347 
Deferred income
23,792 
- 
116,243 
158,761 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,250 
20,250 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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