1 September 2023 false Taxfiler 2024.6 8123118business:PrivateLimitedCompanyLtd2023-09-012024-08-31 81231182023-08-31 81231182023-09-012024-08-31 8123118business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 8123118business:FilletedAccounts2023-09-012024-08-31 81231182024-08-31 8123118business:Director12023-09-012024-08-31 8123118business:Director22023-09-012024-08-31 8123118business:RegisteredOffice2023-09-012024-08-31 81231182023-08-31 8123118core:WithinOneYear2024-08-31 8123118core:WithinOneYear2023-08-31 8123118core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 8123118core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 8123118core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 8123118core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 8123118core:PreviouslyStatedAmount2024-08-31 8123118core:PreviouslyStatedAmount2023-08-31 8123118business:SmallEntities2023-09-012024-08-31 8123118countries:EnglandWales2023-09-012024-08-31 8123118core:PlantMachinery2023-08-31 8123118core:PlantMachinery2023-09-012024-08-31 8123118core:PlantMachinery2024-08-31 8123118business:OrdinaryShareClass12023-09-012024-08-31 8123118business:OrdinaryShareClass12022-09-012023-08-31 81231182022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
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
Page
- 2 -
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
- 3 -
AmBa Projex Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,207 
3,011 
Current assets
Debtors
36,062 
53,746 
Cash at bank and in hand
454,680 
288,537 
490,742 
342,283 
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
Deferred tax
(552)
(753)
Net assets
403,144 
299,439 
Capital and reserves
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
- 4 -
AmBa Projex Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The presentation currency is GBP
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 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 taxation
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.
Foreign exchange
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
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
- 5 -
AmBa Projex Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
43,217 
Additions
300 
At 31 August 2024
43,517 
Depreciation
At 1 September 2023
40,206 
Charge for the year
1,104 
At 31 August 2024
41,310 
Net book value
At 31 August 2024
2,207 
At 31 August 2023
3,011 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,598 
53,606 
Other debtors
1,464 
140 
36,062 
53,746 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,764 
Trade creditors
23,542 
3,325 
Taxes and social security
61,120 
36,122 
Loans from directors
4,591 
3,891 
89,253 
45,102 
7
Share capital
2024 
2023 
£ 
£ 
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).
- 6 -