Registered number
10821241
AMBA PUBCO LTD
Filleted Accounts
30 June 2024
AMBA PUBCO LTD
Registered number: 10821241
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 46,000 46,000
Tangible assets 4 13,926 15,137
59,926 61,137
Current assets
Stocks 57,076 74,151
Debtors 5 28,200 28,200
Cash at bank and in hand 7,394 11,938
92,670 114,289
Creditors: amounts falling due within one year 6 (78,298) (99,557)
Net current assets 14,372 14,732
Total assets less current liabilities 74,298 75,869
Creditors: amounts falling due after more than one year 7 (29,212) (38,996)
Net assets 45,086 36,873
Capital and reserves
Called up share capital 100 100
Profit and loss account 44,986 36,773
Shareholders' funds 45,086 36,873
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Janesh Malik
Director
Approved by the board on 25 March 2025
AMBA PUBCO LTD
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 8% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 46,000
At 30 June 2024 46,000
Amortisation
At 30 June 2024 -
Net book value
At 30 June 2024 46,000
At 30 June 2023 46,000
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 19,108
At 30 June 2024 19,108
Depreciation
At 1 July 2023 3,971
Charge for the year 1,211
At 30 June 2024 5,182
Net book value
At 30 June 2024 13,926
At 30 June 2023 15,137
5 Debtors 2024 2023
£ £
Other debtors 28,200 28,200
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,490 15,090
Taxation and social security costs 8,750 7,606
Other creditors 67,058 76,861
78,298 99,557
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 29,212 38,996
8 Other information
AMBA PUBCO LTD is a private company limited by shares and incorporated in England. Its registered office is:
The Lord Denman
270-272 Heathway
Dagenham
RM10 8QS
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