Company Registration No. SC693813 (Scotland)
AMA Projects Ltd
Unaudited accounts
for the year ended 31 August 2024
AMA Projects Ltd
Unaudited accounts
Contents
AMA Projects Ltd
Company Information
for the year ended 31 August 2024
Directors
David Alexander Asher
Brian Rutherford
Company Number
SC693813 (Scotland)
Registered Office
106 Mearns Road
Clarkston
GLASGOW
Lanarkshire
G76 7UP
Scotland
Accountants
SYKAM & Co Limited
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AMA Projects Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
AMA Projects Ltd for the year ended
31 August 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SYKAM & Co Limited
Chartered Accountants
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE
25 April 2025
AMA Projects Ltd
Statement of financial position
as at 31 August 2024
Investment property
130,000
-
Cash at bank and in hand
60,519
(3,221)
Creditors: amounts falling due within one year
(106,823)
(111,689)
Net current liabilities
(46,304)
(19,090)
Total assets less current liabilities
83,696
(19,090)
Creditors: amounts falling due after more than one year
(100,754)
-
Net liabilities
(17,058)
(19,090)
Called up share capital
100
100
Fair value reserve
27,680
-
Profit and loss account
(44,838)
(19,190)
Shareholders' funds
(17,058)
(19,090)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
David Alexander Asher
Director
Company Registration No. SC693813
AMA Projects Ltd
Notes to the Accounts
for the year ended 31 August 2024
AMA Projects Ltd is a private company, limited by shares, registered in Scotland, registration number SC693813. The registered office is 106 Mearns Road, Clarkston , GLASGOW, Lanarkshire, G76 7UP, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Net gain from fair value adjustments
27,680
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
15,750
Other creditors
13,842
75,139
Loans from directors
92,381
17,400
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).