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REGISTERED NUMBER: 04848655 (England and Wales)


















Advanced Materials Solutions Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






Advanced Materials Solutions Limited (Registered number: 04848655)






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


Advanced Materials Solutions Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Dr D J Field





SECRETARY: Miss H E Field





REGISTERED OFFICE: F5/F6 Blythe House
Blythe Business Park
Cresswell
Stoke on Trent
Staffordshire
ST11 9RD





REGISTERED NUMBER: 04848655 (England and Wales)





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

Advanced Materials Solutions Limited (Registered number: 04848655)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,802 5,506

CURRENT ASSETS
Debtors 5 69,804 59,081
Cash at bank 6,991 28,200
76,795 87,281
CREDITORS
Amounts falling due within one year 6 (47,731 ) (34,623 )
NET CURRENT ASSETS 29,064 52,658
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,866

58,164

CREDITORS
Amounts falling due after more than one year 7 (8,292 ) (15,283 )
NET ASSETS 22,574 42,881

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 22,474 42,781
SHAREHOLDERS' FUNDS 22,574 42,881

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.

Advanced Materials Solutions Limited (Registered number: 04848655)

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 17 April 2025 and were signed by:





Dr D J Field - Director


Advanced Materials Solutions Limited (Registered number: 04848655)

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

1. STATUTORY INFORMATION

Advanced Materials Solutions 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Advanced Materials Solutions Limited (Registered number: 04848655)

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 17,433 2,243 3,992 23,668
Disposals (216 ) - - (216 )
At 31 July 2024 17,217 2,243 3,992 23,452
DEPRECIATION
At 1 August 2023 13,980 1,549 2,633 18,162
Charge for year 3,162 229 140 3,531
Eliminated on disposal (43 ) - - (43 )
At 31 July 2024 17,099 1,778 2,773 21,650
NET BOOK VALUE
At 31 July 2024 118 465 1,219 1,802
At 31 July 2023 3,453 694 1,359 5,506

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,863 13,463
Other debtors 59,941 45,618
69,804 59,081

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,952 6,780
Hire purchase contracts - 309
Trade creditors 190 -
Taxation and social security 40,563 23,485
Other creditors 26 4,049
47,731 34,623

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,292 15,283

Advanced Materials Solutions Limited (Registered number: 04848655)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
99 Ordinary A £1 99 99
1 Ordinary B £1 1 1
100 100