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REGISTERED NUMBER: 01424382 (England and Wales)






















Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

Amerex Services Limited

Amerex Services Limited (Registered number: 01424382)






Contents of the Financial Statements
for the period 1 April 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Amerex Services Limited

Company Information
for the period 1 April 2024 to 31 December 2024







DIRECTORS: E T Halman
Mrs B Halman



SECRETARY: E T Halman



REGISTERED OFFICE: 19 Trinity Square
Llandudno
CONWY
LL30 2RD



REGISTERED NUMBER: 01424382 (England and Wales)



ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD



SOLICITORS: Iain Nicholson & Co Solicitors
5 West Road
Ponteland
Newcastle upon Tyne
NE20 9ST

Amerex Services Limited (Registered number: 01424382)

Balance Sheet
31 December 2024

2024 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 2,797,497 2,857,896

CURRENT ASSETS
Stocks 9,908 16,882
Debtors 5 1,206,189 1,881,681
Cash at bank 903,475 806,377
2,119,572 2,704,940
CREDITORS
Amounts falling due within one year 6 (1,181,614 ) (1,838,394 )
NET CURRENT ASSETS 937,958 866,546
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,735,455

3,724,442

CAPITAL AND RESERVES
Called up share capital 1,228 1,228
Revaluation reserve 8 801,133 827,700
Retained earnings 2,933,094 2,895,514
SHAREHOLDERS' FUNDS 3,735,455 3,724,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by:




E T Halman - Director



Mrs B Halman - Director


Amerex Services Limited (Registered number: 01424382)

Notes to the Financial Statements
for the period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Amerex Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 life.
Freehold property - 2% on cost or revalued amount
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable for the year are charged in the profit and loss account, for the two directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2024 - 5 ) .

Amerex Services Limited (Registered number: 01424382)

Notes to the Financial Statements - continued
for the period 1 April 2024 to 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
COST OR VALUATION
At 1 April 2024 2,447,000 451,609 16,462 828,269 3,743,340
Additions - - - 260,285 260,285
Disposals - - - (229,815 ) (229,815 )
At 31 December 2024 2,447,000 451,609 16,462 858,739 3,773,810
DEPRECIATION
At 1 April 2024 204,250 410,812 16,462 253,920 885,444
Charge for period 51,063 4,590 - 114,229 169,882
Eliminated on disposal - - - (79,013 ) (79,013 )
At 31 December 2024 255,313 415,402 16,462 289,136 976,313
NET BOOK VALUE
At 31 December 2024 2,191,687 36,207 - 569,603 2,797,497
At 31 March 2024 2,242,750 40,797 - 574,349 2,857,896

Cost or valuation at 31 December 2024 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
Valuation in 2021 2,447,000 451,609 16,462 858,739 3,773,810

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£ £
Trade debtors 3,845 -
Other debtors 1,202,344 1,881,681
1,206,189 1,881,681

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£ £
Trade creditors 819,498 1,443,068
Taxation and social security 359,116 383,696
Other creditors 3,000 11,630
1,181,614 1,838,394

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2024
£ £

Amerex Services Limited (Registered number: 01424382)

Notes to the Financial Statements - continued
for the period 1 April 2024 to 31 December 2024

8. RESERVES
Revaluation
reserve
£
At 1 April 2024 827,700
Transfer from P&L reserve (26,567 )

At 31 December 2024 801,133

9. RELATED PARTY DISCLOSURES

During the year the company charged for goods and services to Amerex Limited a company under common control.

Amerex Limited
£
Goods and services 3,106,965
Management charge 720,000

Total 31 December 2024 3,826,965

Total 31 March 2024 5,965,473

Balance due from Amerex Limited at 31 December 2024 880,008
Balance due from Amerex Limited at 31 March 2024 1,560,767


All transactions were carried out on an arms length basis.

10. ULTIMATE CONTROLLING PARTY

The controlling party is E T Halman.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Amerex Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amerex Services Limited for the period ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Amerex Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Amerex Services Limited and state those matters that we have agreed to state to the Board of Directors of Amerex Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amerex Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Amerex Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Amerex Services Limited. You consider that Amerex Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Amerex Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


4 February 2025