Registration number: 09183209

AMM (FM) Services Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 10

AMM (FM) Services Limited

Company Information

Directors

Karen Geoghegan Mark Stubbs

Company secretary

Mark Stubbs

Registered office

1 Willow Road Great Dunmow Essex CM6 1WD

Accountants

JMC Accountants Limited 29 Maple Way Great Dunmow Essex CM6 1WZ

AMM (FM) Services Limited

(Registration number: 09183209)
Abridged Balance Sheet as at 31 August 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	-	8,335
Tangible assets	5	77,217	99,265
		77,217	107,600
Current assets
Stocks	6	5,900	7,900
Debtors	7	91,849	81,222
Cash at bank and in hand		49,435	27,188
		147,184	116,310
Prepayments and accrued income		23,518	69,553
Creditors: Amounts falling due within one year		(249,379)	(195,541)
Net current liabilities		(78,677)	(9,678)
Total assets less current liabilities		(1,460)	97,922
Creditors: Amounts falling due after more than one year		(4,874)	(15,124)
Accruals and deferred income		(1,850)	(43,993)
Net (liabilities)/assets		(8,184)	38,805
Capital and reserves
Called up share capital	8	100	100
Revaluation reserve		4,000	4,000
Retained earnings		(12,284)	34,705
Shareholders' (deficit)/funds		(8,184)	38,805

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and 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 3 April 2025 and signed on its behalf by:
 

AMM (FM) Services Limited

(Registration number: 09183209)
Abridged Balance Sheet as at 31 August 2024

......................................... Karen Geoghegan Director

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
1 Willow Road
Great Dunmow
Essex
CM6 1WD
England

These financial statements were authorised for issue by the Board on 3 April 2025.

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 abridged 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 abridged 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.

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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

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
Plant and Machinery	15% straight line
Motor Vehicles	20% straighjt line
Fixtures and Fittings	15% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Other intangible asset	6 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2023 - 20).

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

4	Intangible assets

	Total £
Cost or valuation
At 1 September 2023	50,000
At 31 August 2024	50,000
Amortisation
At 1 September 2023	41,665
Amortisation charge	8,335
At 31 August 2024	50,000
Carrying amount
At 31 August 2024	-
At 31 August 2023	8,335

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 September 2023	43,000	8,261	90,240	1,650
Disposals	-	-	(17,500)	-
At 31 August 2024	43,000	8,261	72,740	1,650
Depreciation
At 1 September 2023	-	3,200	39,036	1,650
Charge for the year	-	1,066	13,982	-
Eliminated on disposal	-	-	(10,500)	-
At 31 August 2024	-	4,266	42,518	1,650
Carrying amount
At 31 August 2024	43,000	3,995	30,222	-
At 31 August 2023	43,000	5,061	51,204	-

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

	Total £
Cost or valuation
At 1 September 2023	143,151
Disposals	(17,500)
At 31 August 2024	125,651
Depreciation
At 1 September 2023	43,886
Charge for the year	15,048
Eliminated on disposal	(10,500)
At 31 August 2024	48,434
Carrying amount
At 31 August 2024	77,217
At 31 August 2023	99,265

Included within the net book value of land and buildings above is £43,000 (2023 - £43,000) in respect of freehold land and buildings.
 

6

Stocks

	2024 £	2023 £
Other inventories	5,900	7,900

7

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

9

Dividends

Interim dividends paid

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

		2024 £		2023 £
Interim dividend of £Nil (2023 - £33.00) per each Ordinary Shares		-		3,300

10	Related party transactions

AMM (FM) Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	9,252	19,988