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REGISTERED NUMBER: 04774964 (England and Wales)










Financial Statements for the Year Ended 31 March 2024

for

A. M. Construction (Southern) Ltd

A. M. Construction (Southern) Ltd (Registered number: 04774964)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

A. M. Construction (Southern) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Martin





REGISTERED OFFICE: Maritime House
Basin Road North
Portslade
East Sussex
BN41 1WR





REGISTERED NUMBER: 04774964 (England and Wales)





ACCOUNTANTS: Wood & Associates LLP
Chartered Certified Accountants
Maritime House
Basin Road North
Hove
East Sussex
BN41 1WR

A. M. Construction (Southern) Ltd (Registered number: 04774964)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,934 30,283

CURRENT ASSETS
Debtors 5 1,207,401 1,149,989
Cash at bank 152,105 48,514
1,359,506 1,198,503
CREDITORS
Amounts falling due within one year 6 758,271 698,777
NET CURRENT ASSETS 601,235 499,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

626,169

530,009

PROVISIONS FOR LIABILITIES 7 6,234 5,753
NET ASSETS 619,935 524,256

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 619,835 524,156
SHAREHOLDERS' FUNDS 619,935 524,256

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

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

The director acknowledges his 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.

A. M. Construction (Southern) Ltd (Registered number: 04774964)

Balance Sheet - continued
31 March 2024



The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





A Martin - Director


A. M. Construction (Southern) Ltd (Registered number: 04774964)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

A. M. Construction (Southern) Ltd 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.

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 useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

A. M. Construction (Southern) Ltd (Registered number: 04774964)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 31,816 500 53,993 1,626 87,935
Additions 3,640 - - 446 4,086
Disposals (4,000 ) - - - (4,000 )
At 31 March 2024 31,456 500 53,993 2,072 88,021
DEPRECIATION
At 1 April 2023 23,966 470 31,682 1,534 57,652
Charge for year 2,873 8 5,578 220 8,679
Eliminated on disposal (3,244 ) - - - (3,244 )
At 31 March 2024 23,595 478 37,260 1,754 63,087
NET BOOK VALUE
At 31 March 2024 7,861 22 16,733 318 24,934
At 31 March 2023 7,850 30 22,311 92 30,283

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 131,861 617,557
Other debtors 1,075,540 532,432
1,207,401 1,149,989

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 49,395 25,537
Taxation and social security 53,073 32,154
Other creditors 655,803 641,086
758,271 698,777

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 6,234 5,753

A. M. Construction (Southern) Ltd (Registered number: 04774964)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 5,753
Increase in capital allowances
in excess of depreciation 481
Balance at 31 March 2024 6,234

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 524,156
Profit for the year 149,679
Dividends (54,000 )
At 31 March 2024 619,835

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

31.3.24 31.3.23
£    £   
A Martin
Balance outstanding at start of year 5,556 -
Amounts advanced - 5,556
Amounts repaid (5,556 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,556

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £54,000 (2023 - £45,500) were paid to the director .

A. M. Construction (Southern) Ltd (Registered number: 04774964)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

11. RELATED PARTY DISCLOSURES - continued

A Martin was the controlling party throughout the current and previous period.

As at 31 March 2024 the director, A Martin was owed £437 (2023 - owed the company £5,556).This amount is interest free with no set repayment terms.

As at 31 March 2024 the company was owed £422,923 (2023 - £484,118) by 111a Arundel Road Development LLP, an LLP in which the company is a member.

A. M. Construction (Southern) Ltd

Report of the Accountants to the Director of
A. M. Construction (Southern) Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wood & Associates LLP
Chartered Certified Accountants
Maritime House
Basin Road North
Hove
East Sussex
BN41 1WR


25 February 2025