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Company Registration No. 13145554 (England and Wales)
AMS Investments and Property Ltd Unaudited accounts for the year ended 31 January 2025
AMS Investments and Property Ltd Unaudited accounts Contents
Page
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AMS Investments and Property Ltd Company Information for the year ended 31 January 2025
Director
Andrew Spelman
Company Number
13145554 (England and Wales)
Registered Office
4 Binney Road Drayton Norwich NR8 7AB
Accountants
Mrs A C Howell 13 Ipswich Grove Norwich Norfolk NR2 2LU
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AMS Investments and Property Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
708 
1,300 
Investment property
1,571,156 
1,778,309 
1,571,864 
1,779,609 
Current assets
Debtors
32,443 
10,350 
Cash at bank and in hand
9,799 
10,506 
42,242 
20,856 
Creditors: amounts falling due within one year
(727,969)
(808,501)
Net current liabilities
(685,727)
(787,645)
Total assets less current liabilities
886,137 
991,964 
Creditors: amounts falling due after more than one year
(794,862)
(848,956)
Provisions for liabilities
Deferred tax
(18,849)
(27,276)
Net assets
72,426 
115,732 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
72,416 
115,722 
Shareholders' funds
72,426 
115,732 
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 March 2025 and were signed on its behalf by
Andrew Spelman Director Company Registration No. 13145554
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AMS Investments and Property Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
AMS Investments and Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13145554. The registered office is 4 Binney Road, Drayton, Norwich, NR8 7AB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AMS Investments and Property Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2024
2,368 
At 31 January 2025
2,368 
Depreciation
At 1 February 2024
1,068 
Charge for the year
592 
At 31 January 2025
1,660 
Net book value
At 31 January 2025
708 
At 31 January 2024
1,300 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
1,778,309 
Additions
224,377 
Disposals
(424,640)
Net loss from fair value adjustments
(6,890)
At 31 January 2025
1,571,156 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,443 
- 
Other debtors
- 
10,350 
32,443 
10,350 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
45,945 
41,058 
Taxes and social security
2,296 
1,002 
Loans from directors
679,108 
765,831 
Accruals
620 
610 
727,969 
808,501 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
794,862 
848,956 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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