Applied Management Associates Ltd


2 APRIL 2025
APPLIED MANAGEMENT ASSOCIATES LIMITED
Registered in England & Wales No. 8601566

FILLETED FINANCIAL ACCOUNTS
FOR THE PERIOD
1 OCTOBER 2023 TO 30 SEPTEMBER 2024



ACCOUNTING POLICIES
Accounting convention
	The financial statements within the annual report have been prepared on the going concern basis and are in compliance with section 1A of the financial reporting standard 102 applicable in the United Kingdom.
Non-current assets
	Property, plant and equipment, excluding any property held for investment, is stated at cost except for any revaluation of land and buildings, less aggregate depreciation and any provision for impairment. With the exception of freehold land, depreciation is charged after allowance for residual value, over the remaining useful economic life by equal annual instalments. The economic life used is for acquisition as new, the deemed life for assets acquired second hand is the remainder or half of the deemed life from new, whichever is the greater.
Deferred taxation
	Provision is made for at the appropriate or current tax rate in respect of any possible liability due to timing differences between recognition of events for taxation and accounting purposes. Recognition of any possible asset due to timing differences as above is only recognised to the extent that recovery is reasonably certain.
Revenue
	Revenue represents income in respect of goods or services possession of which has passed to customers in the normal course of activity, and for which those customers have become liable during the period. It is stated net of any tax that is passed on to, or offset against amounts due from, taxing authorities.
Repairs and renewals
	Expenditure of up to £1000 on an item, excluding items treated as part of a project over £1000, is written off in the period it is incurred even if it represented an addition or improvement.

FINANCIAL POSITION

As at 30 September					2024	2023
				Notes	£	£

Non-current assets
		Productive property, plant and equipment		2	0	423
		Administrative equipment		3	314	628
					314	1,051

Current assets
		Trade and other receivables		4	105	2,097
		Cash and cash equivalents		5	60,037	23,909
					60,142	26,006
Current liabilities
	Due not later than one year
		Trade and other payables		6	(2,761)	(2,939)
		Taxation		7	(11,305)	(0)
	Net current assets				46,076	23,067
Non-current liabilities
	Due later than one and not later than five years			8	(60)	(200)
					46,330	23,918

Equity
		Share capital		9	100	100
		Distributable reserves			46,230	23,818
					46,330	23,918

The company is registered in England & Wales under no. 8601566 and is subject to the Companies Act 2006 in its various sections.
The directors acknowledge their responsibilities under section 386 of the Act for the maintenance of adequate accounting records and under section 394 of the Act for the preparation of financial statements.
For the period to 30 September 2024, the date of this financial position statement, the company qualified as small under section 382 of the Act. Members have not required the company to obtain an audit of its financial statements under section 476 of the Act.
The company is entitled, as a small company, to exemption under section 477 of the Companies Act 2006 from the statutory requirement for audited financial statements.
In conformity with section 444 of the Act, the form of these accounts delivered to the registrar of companies; in accordance with the provisions applicable to companies subject to the small companies regime, may be prepared by the removal of any reports, statements of movements in equity, income and expenses, and cash flows; but this filleted form delivers, as a minimum, the statements of accounting policies, financial position and notes thereto.
Approved and authorised for issue by the board on 2 April 2025 and signed on its behalf.

S Smith
Director

NOTES TO THE FILLETED ACCOUNTS

					2024	2023
£						£

1	Accounting Policies
		The accounting policies are set out in full in a preceding statement.

2	Productive property comprises plant and equipment
	Life in years is 4
	Cost or valuation
		Opening and closing amount			1,693	1,693
	Amortisation
		Opening amount			1,270	847
		Charge for the period			423	423

		Closing amount			1,693	1,270
	Net amounts
		Opening amount			423	846
		Closing amount			0	423

3	Administrative equipment
	Life in years is 4
	Cost or valuation
		Opening amount			1,256	2,532
		Disposals and scrappings			(0)	(1,276)

		Closing amount			1,256	1,256
	Amortisation
		Opening amount			628	951
		Charge for the period			314	314
		Disposals and scrappings			(0)	(637)

		Closing amount			942	628
	Net amount
		Opening amount			628	1,581
		Closing amount			314	628

4	Trade and other receivables
		Prepayments			105	0
		Amounts due from taxation authorities			0	2,097
					105	2,097

5	Cash and cash equivalents
		Bank current account			60,037	23,909

6	Current trade and other payables
		Due to employees other than directors			(260)	(426)
		Trade payables			0	(7)
		Due to directors			(1,319)	(1,224)
		Accruals			(1,182)	(1,282)
					(2,761)	(2,939)

7	Current taxation
		Taxation collected			(2,726)	0
		Corporation tax			(8,579)	0
					(11,305)	0

8	Liabilities due later than one but not later than five years
		Deferred tax			(60)	(200)

9	Share capital
		The company is a private company limited by share capital
2024				2023
Number				Number
	Equity ordinary shares of £1 each
	Ordinary
		Allotted, called up and fully paid	100	100	100	100

10	Ultimate control
		The company is controlled by Mr S Smith.

11	Commitments
	Capital expenditure
		There are no capital commitments.

12	Related party transactions
	Key management personnel
		Directors and their relationships
		Balances at period end
		Amounts due to
		S Smith			1,319	1,224
		Family members			260	427
		Transactions during the period
		Remuneration			26,000	15,000
		Remuneration of family members			19,400	8,400
		Rent of office from the following
		Mrs C A Smith			260	208

13	Activity
		The principal activity continues to be that of management consultancy.

14	Employees (including directors)
2024				2023
		Average during the period	Number	Number
			2	2


ADMINISTRATION AND ADVISERS

Bankers		Lloyds Bank PLC





Accountants and registrar		Cramptons 25A St Matthews Road Torquay TQ2 6JA


Office		Green Meadows The Street Teston Maidstone ME18 5AQ Great Britain