AMR European Procurement Solutions Limited 08702751 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is management consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 08702751 2023-05-01 2024-04-30 08702751 2024-04-30 08702751 bus:Director1 1 2024-04-30 08702751 core:CurrentFinancialInstruments 2024-04-30 08702751 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 08702751 bus:SmallEntities 2023-05-01 2024-04-30 08702751 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08702751 bus:FullAccounts 2023-05-01 2024-04-30 08702751 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08702751 bus:RegisteredOffice 2023-05-01 2024-04-30 08702751 bus:Director1 2023-05-01 2024-04-30 08702751 bus:Director1 1 2023-05-01 2024-04-30 08702751 bus:Director2 2023-05-01 2024-04-30 08702751 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08702751 countries:EnglandWales 2023-05-01 2024-04-30 08702751 bus:Director1 1 2023-04-30 08702751 2022-05-01 2023-04-30 08702751 2023-04-30 08702751 bus:Director1 1 2023-04-30 08702751 core:CurrentFinancialInstruments 2023-04-30 08702751 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 08702751 bus:Director1 1 2022-05-01 2023-04-30 08702751 bus:Director1 1 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 08702751

AMR European Procurement Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

AMR European Procurement Solutions Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

AMR European Procurement Solutions Limited

Company Information

Director

Rahul Pandya

Registered office

20 Kohat Road
Wimbledon
London
SW19 8LD

 

AMR European Procurement Solutions Limited

(Registration number: 08702751)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

2,071

2,071

Cash at bank and in hand

 

17,181

17,181

 

19,252

19,252

Creditors: Amounts falling due within one year

5

(31,364)

(31,364)

Net liabilities

 

(12,112)

(12,112)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(12,212)

(12,212)

Shareholders' deficit

 

(12,112)

(12,112)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 January 2025
 

.........................................
Rahul Pandya
Director

   
     
 

AMR European Procurement Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
20 Kohat Road
Wimbledon
London
SW19 8LD

These financial statements were authorised for issue by the director on 31 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

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

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

AMR European Procurement Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

AMR European Procurement Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

2024
£

2023
£

Other debtors

2,071

2,071

 

2,071

2,071

 

AMR European Procurement Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

8,862

8,862

Taxation and social security

 

19,766

19,766

Accruals and deferred income

 

2,736

2,736

 

31,364

31,364

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         

7

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Bank overdrafts

8,862

8,862

8

Related party transactions

 

AMR European Procurement Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

8

Related party transactions (continued)

Transactions with the director

2024

At 1 May 2023
£

At 30 April 2024
£

Ms A Rawal

2,071

2,071

     
   

 

2023

At 1 May 2022
£

At 30 April 2023
£

Ms A Rawal

2,071

2,071