Amluc Limited 04094473 true 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is that of sale and repair of hydraulic hoses Digita Accounts Production Advanced 6.30.9574.0 true true 04094473 2023-12-01 2024-11-30 04094473 2024-11-30 04094473 core:RetainedEarningsAccumulatedLosses 2024-11-30 04094473 core:ShareCapital 2024-11-30 04094473 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 04094473 core:FurnitureFittings 2024-11-30 04094473 core:OfficeEquipment 2024-11-30 04094473 bus:SmallEntities 2023-12-01 2024-11-30 04094473 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 04094473 bus:FilletedAccounts 2023-12-01 2024-11-30 04094473 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04094473 bus:RegisteredOffice 2023-12-01 2024-11-30 04094473 bus:CompanySecretaryDirector1 2023-12-01 2024-11-30 04094473 bus:Director1 2023-12-01 2024-11-30 04094473 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 04094473 bus:EntityNoLongerTradingButTradedInPast 2023-12-01 2024-11-30 04094473 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04094473 core:FurnitureFittings 2023-12-01 2024-11-30 04094473 core:MotorCars 2023-12-01 2024-11-30 04094473 core:OfficeEquipment 2023-12-01 2024-11-30 04094473 countries:EnglandWales 2023-12-01 2024-11-30 04094473 2023-11-30 04094473 core:FurnitureFittings 2023-11-30 04094473 core:OfficeEquipment 2023-11-30 04094473 2022-12-01 2023-11-30 04094473 2023-11-30 04094473 core:RetainedEarningsAccumulatedLosses 2023-11-30 04094473 core:ShareCapital 2023-11-30 04094473 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 04094473 core:FurnitureFittings 2023-11-30 04094473 core:OfficeEquipment 2023-11-30 04094473 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registration number: 04094473

Amluc Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

Amluc Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Amluc Limited

Company Information

Directors

Mr AM Lucas

Mrs A J Lucas

Company secretary

Mrs A J Lucas

Registered office

Hewton Barn
Higher Hewton Farm
Thornton Cross
Devon
EX20 4NQ

 

Amluc Limited

(Registration number: 04094473)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

18,133

Creditors: Amounts falling due within one year

6

(36)

(14,542)

Net (liabilities)/assets

 

(36)

3,591

Capital and reserves

 

Called up share capital

1,000

1,000

Retained earnings

(1,036)

2,591

Shareholders' (deficit)/funds

 

(36)

3,591

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 March 2025 and signed on its behalf by:
 

.........................................
Mr AM Lucas
Director

   
     
 

Amluc Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hewton Barn
Higher Hewton Farm
Thornton Cross
Devon
EX20 4NQ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Amluc Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)

2

Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

5 years straight line

Fixtures & Fittings

10 years straight line

Motor vehicles

4 years straight line

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Amluc Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)

2

Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 December 2023

36,268

1,786

38,054

Disposals

(36,268)

(1,786)

(38,054)

At 30 November 2024

-

-

-

Depreciation

At 1 December 2023

18,134

1,786

19,920

Charge for the year

3,627

-

3,627

Eliminated on disposal

(21,761)

(1,786)

(23,547)

At 30 November 2024

-

-

-

Carrying amount

At 30 November 2024

-

-

-

At 30 November 2023

18,134

(1)

18,133

Included within the net book value of land and buildings above is £Nil (2023 - £Nil) in respect of freehold land and buildings.
 

 

Amluc Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)

5

Debtors

Current

2024
£

2023
£

 

-

-

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

36

14,122

Accruals and deferred income

 

-

420

 

36

14,542

Creditors: amounts falling due after more than one year

2024
£

2023
£

7

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Directors current account

36

14,122

 

Amluc Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)

8

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £Nil per each Ordinary

-

-