08494576falseRETAIL TRADE OF MOTOR VEHICLE2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08494576

AMS DIRECT LTD

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Primus Accounting Ltd
Accountancy services
896
Woodborough Road
Nottingham
NG3 5QR

AMS DIRECT LTD

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
ARTUR SOBIESZUK
REGISTERED OFFICE
1 COLESBOURNE ROAD
NOTTINGHAM
NG11 8JH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08494576
ACCOUNTANTS
Primus Accounting Ltd
Accountancy services
896
Woodborough Road
Nottingham
NG3 5QR

AMS DIRECT LTD

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

AMS DIRECT LTD

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3125250
CURRENT ASSETS
Stock4,9007,600
Debtors56389,521
Cash at bank and in hand2,75710,000
8,29527,121
CREDITORS: Amounts falling due within one year68,19524,261
NET CURRENT ASSETS1002,860
TOTAL ASSETS LESS CURRENT LIABILITIES2253,110
CREDITORS: Amounts falling due after more than one year73,6175,017
NET LIABILITIES(3,392)(1,907)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account(3,492)(2,007)
SHAREHOLDERS' FUNDS(3,392)(1,907)
For the year ending 30/04/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/01/2025 and signed on their behalf by
.............................
ARTUR SOBIESZUK
Director

AMS DIRECT LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees--

AMS DIRECT LTD

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/05/2023500500
At 30/04/2024500500
Depreciation
At 01/05/2023250250
For the year125125
At 30/04/2024375375
Net Book Amounts
At 30/04/2024125125
At 30/04/2023250250
4. STOCK 20242023
££
Stock comprises:
Stock4,9007,600
4,9007,600
5. DEBTORS 20242023
££
Amounts falling due within one year
Directors current account6389,521
6389,521
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts-8,856
Bank Loan3,8194,355
Credit card3,530-
Trade creditors3431
Other creditors81211,019
8,19524,261

AMS DIRECT LTD

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr3,6175,017
3,6175,017
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100