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REGISTERED NUMBER: 05499882 (England and Wales)


















AMS 2264 Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






AMS 2264 Limited (Registered number: 05499882)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMS 2264 Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr J Loft





SECRETARY: Mrs J Loft





REGISTERED OFFICE: 3 The Acorns
Pennsylvania Road
Exeter
Devon
EX4 5EP





REGISTERED NUMBER: 05499882 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

AMS 2264 Limited (Registered number: 05499882)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,290 5,160

CURRENT ASSETS
Debtors 5 53,295 46,541
Cash at bank 25,532 8,562
78,827 55,103
CREDITORS
Amounts falling due within one year 6 (29,448 ) (25,045 )
NET CURRENT ASSETS 49,379 30,058
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,669

35,218

CREDITORS
Amounts falling due after more than one
year

7

(15,816

)

(19,168

)
NET ASSETS 38,853 16,050

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 38,843 16,040
SHAREHOLDERS' FUNDS 38,853 16,050

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

AMS 2264 Limited (Registered number: 05499882)

Balance Sheet - continued
31 July 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 director and authorised for issue on 11 March 2025 and were signed by:





Mr J Loft - Director


AMS 2264 Limited (Registered number: 05499882)

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

1. STATUTORY INFORMATION

AMS 2264 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.

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 - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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.

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 2 (2023 - 2 ) .

AMS 2264 Limited (Registered number: 05499882)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 5,230 23,161 11,118 39,509
Additions 2,259 - 1,246 3,505
Disposals (1,537 ) - - (1,537 )
At 31 July 2024 5,952 23,161 12,364 41,477
DEPRECIATION
At 1 August 2023 3,843 20,833 9,673 34,349
Charge for year 860 834 1,114 2,808
Eliminated on disposal (970 ) - - (970 )
At 31 July 2024 3,733 21,667 10,787 36,187
NET BOOK VALUE
At 31 July 2024 2,219 1,494 1,577 5,290
At 31 July 2023 1,387 2,328 1,445 5,160

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,600 -
Other debtors 43,695 46,541
53,295 46,541

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,610 8,397
Hire purchase contracts 499 -
Trade creditors 124 (2 )
Taxation and social security 25,215 16,452
Other creditors - 198
29,448 25,045

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 15,525 19,168
Hire purchase contracts 291 -
15,816 19,168

AMS 2264 Limited (Registered number: 05499882)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 146 4,174

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10