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REGISTERED NUMBER: SC571513 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

AM BEDS LIMITED

AM BEDS LIMITED (REGISTERED NUMBER: SC571513)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AM BEDS LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs M Taylor
A T Reynolds





REGISTERED OFFICE: 1st Floor, 5 Abercrombie Court
Arnhall Business Park
Prospect Road
Aberdeen
AB32 6FE





REGISTERED NUMBER: SC571513 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

AM BEDS LIMITED (REGISTERED NUMBER: SC571513)

Balance Sheet
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,562 16,312

CURRENT ASSETS
Stocks 15,694 15,883
Debtors 5 874 799
Cash at bank 24,354 40,844
40,922 57,526
CREDITORS
Amounts falling due within one year 6 45,576 50,183
NET CURRENT (LIABILITIES)/ASSETS (4,654 ) 7,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,908

23,655

CREDITORS
Amounts falling due after more than one year 7 (1,183 ) (5,915 )

PROVISIONS FOR LIABILITIES 8 (1,817 ) (3,099 )
NET ASSETS 1,908 14,641

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,906 14,639
SHAREHOLDERS' FUNDS 1,908 14,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AM BEDS LIMITED (REGISTERED NUMBER: SC571513)

Balance Sheet - continued
31 MARCH 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





Mrs M Taylor - Director


AM BEDS LIMITED (REGISTERED NUMBER: SC571513)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

AM Beds Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AM BEDS LIMITED (REGISTERED NUMBER: SC571513)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 500 27,000 27,500
DEPRECIATION
At 1 April 2024 500 10,688 11,188
Charge for year - 6,750 6,750
At 31 March 2025 500 17,438 17,938
NET BOOK VALUE
At 31 March 2025 - 9,562 9,562
At 31 March 2024 - 16,312 16,312

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 151 151
Prepayments and accrued income 723 648
874 799

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 4,732 4,732
Trade creditors (1 ) -
Tax 7,045 5,938
VAT 3,861 3,627
Other creditors 469 819
Directors' current accounts 27,754 27,611
Accrued expenses 1,716 7,456
45,576 50,183

AM BEDS LIMITED (REGISTERED NUMBER: SC571513)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 1,183 5,915

8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 1,817 3,099

Deferred
tax
£   
Balance at 1 April 2024 3,099
Movement in year (1,282 )
Balance at 31 March 2025 1,817