Company Registration No. 04197644 (England and Wales)
Amalga Limited
Unaudited accounts
for the year ended 30 April 2024
Amalga Limited
Unaudited accounts
Contents
Amalga Limited
Company Information
for the year ended 30 April 2024
Directors
Nicholas Walker
Lucy Walker
James Walker
Company Number
04197644 (England and Wales)
Registered Office
Unit 1 Polar Park
Bath Road
West Drayton
Middlesex
UB7 0EX
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Amalga Limited
Statement of financial position
as at 30 April 2024
Intangible assets
55,454
110,908
Tangible assets
228,892
108,466
Debtors
2,031,360
1,406,830
Cash at bank and in hand
263,520
508,368
Creditors: amounts falling due within one year
(1,155,805)
(703,773)
Net current assets
1,139,075
1,211,425
Total assets less current liabilities
1,423,422
1,430,800
Creditors: amounts falling due after more than one year
-
(110,000)
Provisions for liabilities
Deferred tax
(68,514)
(50,364)
Net assets
1,354,908
1,270,436
Called up share capital
1
1
Profit and loss account
1,354,907
1,270,435
Shareholders' funds
1,354,908
1,270,436
For the year ending 30 April 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 15 January 2025 and were signed on its behalf by
Nicholas Walker
Director
Company Registration No. 04197644
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2024
Amalga Limited is a private company, limited by shares, registered in England and Wales, registration number 04197644. The registered office is Unit 1 Polar Park, Bath Road, West Drayton, Middlesex, UB7 0EX.
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.
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:
Land & buildings
10% straight line
Plant & machinery
Up to 33% reducing balance
Motor vehicles
Up to 33% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Other
Charge for the year
55,454
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
15,337
252,178
267,515
Additions
-
158,201
158,201
At 30 April 2024
15,337
410,379
425,716
At 1 May 2023
7,670
151,379
159,049
Charge for the year
1,536
36,239
37,775
At 30 April 2024
9,206
187,618
196,824
At 30 April 2024
6,131
222,761
228,892
At 30 April 2023
7,667
100,799
108,466
6
Investments
Subsidiary undertakings
Valuation at 30 April 2024
1
Amounts falling due within one year
Trade debtors
894,901
287,722
Amounts due from group undertakings etc.
747,163
997,163
Accrued income and prepayments
287,146
93,219
Other debtors
102,150
28,726
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2024
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
163,802
150,989
Trade creditors
552,718
292,502
Taxes and social security
233,894
148,543
Other creditors
44,894
32,901
9
Creditors: amounts falling due after more than one year
2024
2023
The ultimate parent company is Amalga Group Limited.
11
Average number of employees
During the year the average number of employees was 53 (2023: 41).