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REGISTERED NUMBER: 07989202 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

A M MAIDS LIMITED

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A M MAIDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs R L A Hagan
L J Hagan





REGISTERED OFFICE: Annexe Suite 2
Mercer Road
Warnham
Horsham
West Sussex
RH12 3RL





REGISTERED NUMBER: 07989202 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 33,417 39,028
Tangible assets 5 28,650 22,644
62,067 61,672

CURRENT ASSETS
Stocks 1,550 585
Debtors 6 62,954 54,022
Cash at bank 20,632 32,177
85,136 86,784
CREDITORS
Amounts falling due within one year 7 35,634 35,467
NET CURRENT ASSETS 49,502 51,317
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,569

112,989

CREDITORS
Amounts falling due after more than one
year

8

41,021

42,725
NET ASSETS 70,548 70,264

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 70,000 70,000
Retained earnings 448 164
70,548 70,264

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





Mrs R L A Hagan - Director


A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

A M Maids 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

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 24 (2023 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 January 2024
and 31 December 2024 104,350
AMORTISATION
At 1 January 2024 65,322
Charge for year 5,611
At 31 December 2024 70,933
NET BOOK VALUE
At 31 December 2024 33,417
At 31 December 2023 39,028

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1 January 2024 13,701 44,347 58,048
Additions - 16,498 16,498
Disposals - (4,800 ) (4,800 )
At 31 December 2024 13,701 56,045 69,746
DEPRECIATION
At 1 January 2024 8,947 26,457 35,404
Charge for year 3,084 5,327 8,411
Eliminated on disposal - (2,719 ) (2,719 )
At 31 December 2024 12,031 29,065 41,096
NET BOOK VALUE
At 31 December 2024 1,670 26,980 28,650
At 31 December 2023 4,754 17,890 22,644

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£
COST
At 1 January 2024 38,347
Additions 16,498
Disposals (4,800 )
Reclassification/transfer (14,895 )
At 31 December 2024 35,150
DEPRECIATION
At 1 January 2024 22,672
Charge for year 3,739
Eliminated on disposal (2,719 )
Reclassification/transfer (10,756 )
At 31 December 2024 12,936
NET BOOK VALUE
At 31 December 2024 22,214
At 31 December 2023 15,675

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 3,347 2,227
Amounts owed by group undertakings 44,527 44,527
Other debtors 15,080 7,268
62,954 54,022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 8,334 9,717
Hire purchase contracts 6,804 8,496
Trade creditors 75 703
Corporation tax 731 5,778
Social security and other taxes 2,282 2,509
VAT 15,390 6,540
Other creditors 408 164
Accrued expenses 1,610 1,560
35,634 35,467

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 29,657 37,991
Hire purchase contracts 11,364 4,734
41,021 42,725

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£ £
Mrs R L A Hagan
Balance outstanding at start of year 7,268 25,028
Amounts advanced 10,740 7,268
Amounts repaid (7,268 ) (25,028 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,740 7,268

A M MAIDS LIMITED (REGISTERED NUMBER: 07989202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The above loan was repaid by 28 February 2025.