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REGISTERED NUMBER: 09370877 (England and Wales)















UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

AMI STRUCTURAL LIMITED

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMI STRUCTURAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: P M Barling-Gasson





REGISTERED OFFICE: The Old Court House
North Trade Road
Battle
East Sussex
TN33 0EX





REGISTERED NUMBER: 09370877 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
2nd Floor
Medway Bridge House
1-8 Fairmeadow
Maidstone
Kent
ME14 1JP

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,008 9,344
Investments 5 201 201
Investment property 6 - -
7,209 9,545

CURRENT ASSETS
Debtors 7 894,616 1,283,540
Cash at bank 66,678 254,286
961,294 1,537,826
CREDITORS
Amounts falling due within one year 8 335,246 873,641
NET CURRENT ASSETS 626,048 664,185
TOTAL ASSETS LESS CURRENT LIABILITIES 633,257 673,730

CREDITORS
Amounts falling due after more than one year 9 28,275 33,575
NET ASSETS 604,982 640,155

CAPITAL AND RESERVES
Called up share capital 11 52 52
Capital redemption reserve 52 52
Retained earnings 604,878 640,051
SHAREHOLDERS' FUNDS 604,982 640,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 and authorised for issue by the director and authorised for issue on 21 January 2025 and were signed by:





P M Barling-Gasson - Director


AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

AMI Structural 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
Accounting standards requires the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that she considers that the going concern basis is not appropriate. The director confirms that the company has now ceased to trade and the accounts have been prepared on this basis.

Related party disclosures
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

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.

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more then 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known accounts of cash with no significant risk of change in value.

Financial reporting standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17 (d);
- the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A;
- the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29;
- the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 9,750
DEPRECIATION
At 1 May 2023 406
Charge for year 2,336
At 30 April 2024 2,742
NET BOOK VALUE
At 30 April 2024 7,008
At 30 April 2023 9,344

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 201
NET BOOK VALUE
At 30 April 2024 201
At 30 April 2023 201

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

AMI Rental Limited
Registered office: The Old Court House, North Trade Road, Battle, East Sussex, England, TN33 0EX
Nature of business: Letting and operating of own or leased real estate
%
Class of shares: holding
Ordinary 100.00

AMI Staplecross Ltd
Registered office: The Old Court House, North Trade Road, Battle, East Sussex, England, TN33 0EX
Nature of business: Development of building projects
%
Class of shares: holding
Ordinary 100.00

Waldenheath Ltd
Registered office: The Old Court House, North Trade Road, Battle, East Sussex, England, TN33 0EX
Nature of business: Development of building projects
%
Class of shares: holding
Ordinary 100.00

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 460,581
Disposals (550,000 )
Revaluations 89,419
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -

Fair value at 30 April 2024 is represented by:
£   

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 235,245 932,121
Other debtors 642,733 347,138
Social security 924 -
Directors' loan accounts 15,011 -
VAT 703 3,196
Prepayments and accrued income - 1,085
894,616 1,283,540

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 5,751 6,536
Trade creditors 50,955 52,210
Amounts owed to group undertakings 3,040 364,545
Corporation tax - 191,363
Other creditors 250,000 250,000
Directors' loan accounts - 407
Accruals and deferred income 25,500 8,580
335,246 873,641

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 10) 28,275 33,575

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,781 7,432

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,751 6,536

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,896 6,536

Amounts falling due between two and five years:
Bank loans - 2-5 years 18,598 19,607

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,781 7,432

Interest on the loan is charged at 2.5% and is repayable over 10 years, the loan is secured by a Government backed guarantee.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary £1 50 50
1 A Ordinary £1 1 1
1 C Ordinary £1 1 1
52 52

AMI STRUCTURAL LIMITED (REGISTERED NUMBER: 09370877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


11. CALLED UP SHARE CAPITAL - continued

Each Ordinary share is entitled to one vote in any circumstance. Each share is entitled to dividend payments or any other distribution as voted by the company. Each share is entitled pari passu to participate in a distribution arising from a winding up of the company.

Both the Ordinary A share and Ordinary C share are not entitled to vote in any circumstance. Each share is entitled to dividend payments or any other distribution as voted by the company. No share is entitled to participate in a distribution arising from a winding up of the company.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

AMI Greyfriars Ltd
Shared director

During the period, AMI Structural Limited paid for expenses on behalf of AMI Greyfriars Ltd totalling £400,506 (2023: £334,323). There were payments repaid to AMI Structural during the period totalling £250,000 (2023: £nil). As at the balance sheet date, the amount owed from AMI Greyfriars Ltd was £484,829 (2023: £334,323). This amount is included in debtors due within one year, is interest free and has no repayment terms attached.

Stockwood Meadow Management Limited
Shared director

During the period, AMI Structural Limited paid for an expense on behalf of Stockwood Meadow Management Limited totalling £163 (2023: £703). At the balance sheet dated, the amount owed from Stockwood Meadow Management Limited was £866 (2023: £703). This amount is included in debtors due within one year, is interest free and has no repayment terms attached.

Director

As at the balance sheet date, the director owed the company £15,011 (2023: £nil). This has been included in debtors due within one year, is interest free and was repaid within nine months of the year end.

Close family member

As at the balance sheet date, there is a loan of £150,000 (2023: £150,000) from a close family member of the director included in creditors due within one year. The loan carries an interest charge of 10%. Interest has been accrued during the year of £15,000 (2023: £nil) and included in the statement of profit and loss.

13. ULTIMATE CONTROLLING PARTY

As at the balance sheet date, the director believes there is no ultimate controlling party.