Registered number
06423453
Amber Finance Limited
Unaudited Filleted Accounts
31 March 2025
Amber Finance Limited
Registered number: 06423453
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 19,898 31,134
Current assets
Debtors 4 148,566 163,566
Cash at bank and in hand 39,583 25,839
188,149 189,405
Creditors: amounts falling due within one year 5 (90,152) (80,127)
Net current assets 97,997 109,278
Total assets less current liabilities 117,895 140,412
Creditors: amounts falling due after more than one year 6 (1,667) (11,667)
Provisions for liabilities (3,815) (5,912)
Net assets 112,413 122,833
Capital and reserves
Called up share capital 102 102
Profit and loss account 112,311 122,731
Shareholders' funds 112,413 122,833
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Farrington
Director
Approved by the board on 6 May 2025
Amber Finance Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2024 52,463 19,010 71,473
At 31 March 2025 52,463 19,010 71,473
Depreciation
At 1 April 2024 22,454 17,885 40,339
Charge for the year 10,493 743 11,236
At 31 March 2025 32,947 18,628 51,575
Net book value
At 31 March 2025 19,516 382 19,898
At 31 March 2024 30,009 1,125 31,134
4 Debtors 2025 2024
£ £
Other debtors 148,566 163,566
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Taxation and social security costs 28,270 14,631
Other creditors 51,882 55,496
90,152 80,127
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 1,667 11,667
7 Other information
Amber Finance Limited is a private company limited by shares and incorporated in England. Its registered office is:
57a Broadway
Leigh on Sea
Essex
SS9 1PE
Amber Finance Limited 06423453 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 L Farrington No description of principal activity 06423453 2023-04-01 2024-03-31 06423453 core:WithinOneYear 2024-03-31 06423453 core:AfterOneYear 2024-03-31 06423453 core:ShareCapital 2024-03-31 06423453 core:RetainedEarningsAccumulatedLosses 2024-03-31 06423453 2024-04-01 2025-03-31 06423453 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06423453 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06423453 bus:Director40 2024-04-01 2025-03-31 06423453 1 2024-04-01 2025-03-31 06423453 2 2024-04-01 2025-03-31 06423453 core:LandBuildings 2024-04-01 2025-03-31 06423453 core:PlantMachinery 2024-04-01 2025-03-31 06423453 countries:England 2024-04-01 2025-03-31 06423453 bus:FRS102 2024-04-01 2025-03-31 06423453 bus:FilletedAccounts 2024-04-01 2025-03-31 06423453 2025-03-31 06423453 core:WithinOneYear 2025-03-31 06423453 core:AfterOneYear 2025-03-31 06423453 core:ShareCapital 2025-03-31 06423453 core:RetainedEarningsAccumulatedLosses 2025-03-31 06423453 core:LandBuildings 2025-03-31 06423453 core:PlantMachinery 2025-03-31 06423453 2024-03-31 06423453 core:LandBuildings 2024-03-31 06423453 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure