Company Registration No. 8123118 (England and Wales)
AmBa Projex Limited
Unaudited accounts
for the year ended 31 August 2024
AmBa Projex Limited
Unaudited accounts
Contents
AmBa Projex Limited
Company Information
for the year ended 31 August 2024
Directors
Barry Robert Michael Goodwin
Amanda Jane Goodwin
Company Number
8123118 (England and Wales)
Registered Office
AmBa House
18 Hillside View
New Mills
High Peak
SK22 3DF
Accountants
Longman Accountancy Services Ltd
Goytside Farm
Goytside
New Mills
High Peak
SK22 4PS
AmBa Projex Limited
Statement of financial position
as at 31 August 2024
Tangible assets
2,207
3,011
Cash at bank and in hand
454,680
288,537
Creditors: amounts falling due within one year
(89,253)
(45,102)
Net current assets
401,489
297,181
Total assets less current liabilities
403,696
300,192
Provisions for liabilities
Net assets
403,144
299,439
Called up share capital
2
2
Profit and loss account
403,142
299,437
Shareholders' funds
403,144
299,439
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 28 May 2025 and were signed on its behalf by
Amanda Jane Goodwin
Director
Company Registration No. 8123118
AmBa Projex Limited
Notes to the Accounts
for the year ended 31 August 2024
AmBa Projex Limited is a private company, limited by shares, registered in England and Wales, registration number 8123118. The registered office is AmBa House, 18 Hillside View, New Mills, High Peak, SK22 3DF.
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.
The presentation currency is GBP
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at 33% of net book value in order to write off the assets over their estimated useful lives.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into GBP at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into GBP at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Expenditure on research and development is written off in the year in which it is incurred.
AmBa Projex Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
At 1 September 2023
43,217
At 1 September 2023
40,206
Amounts falling due within one year
Trade debtors
34,598
53,606
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
23,542
3,325
Taxes and social security
61,120
36,122
Loans from directors
4,591
3,891
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).