REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 June 2024 |
for |
The Amber Mill Furniture Manufacturing |
Co Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 June 2024 |
for |
The Amber Mill Furniture Manufacturing |
Co Limited |
The Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Contents of the Financial Statements |
for the Year Ended 30 June 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
The Amber Mill Furniture Manufacturing |
Co Limited |
Company Information |
for the Year Ended 30 June 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
The Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Balance Sheet |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 9 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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 Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Balance Sheet - continued |
30 June 2024 |
The financial statements were approved by the director and authorised for issue on |
The Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Notes to the Financial Statements |
for the Year Ended 30 June 2024 |
1. | STATUTORY INFORMATION |
The Amber Mill Furniture Manufacturing Co Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents consultancy fees receivable, net of value added tax, and is recognised in the year in which the services are provided. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Investment property |
Investment property is not depreciated but revalued annually at its fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and transferred to a fair value reserve. |
Deferred tax |
Deferred taxation is recognised in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued. |
Government grants |
Revenue grants are recognised in the profit and loss account so as to match them with the expenditure towards which they are intended to contribute. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
The Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 July 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 30 June 2024 |
DEPRECIATION |
At 1 July 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2023 |
Revaluations | 64,002 |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
Fair value at 30 June 2024 is represented by: |
£ |
Valuation in 2024 | 615,000 |
If the investment property had not been revalued it would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 405,954 | 405,954 |
Aggregate depreciation | (73,758 | ) | (65,639 | ) |
The investment property was valued on a fair value basis on 30 June 2024 by the director . |
The Amber Mill Furniture Manufacturing |
Co Limited (Registered number: 00103737) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Director's current account |
Accrued expenses |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans - over 1 year |
9. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 1 July 2023 | 335,826 |
Profit for the year |
Revaluation adjustment | (64,002 | ) | 64,002 | - |
Transfer deferred tax movement | 16,000 | (16,000 | ) | - |
At 30 June 2024 | 370,237 |