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Registration number: SC806951

AMS Lifting Services Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 April 2025

 

AMS Lifting Services Ltd

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Profit and Loss Account and Statement of Retained Earnings

4

Abridged Balance Sheet

5

Notes to the Unaudited Abridged Financial Statements

6 to 9

 

AMS Lifting Services Ltd

Company Information

Director

Mr Simon Hodgson

Registered office

371 Tweedsmuir Road
Glasgow
G52 2EH

Accountants

Tayler Morgan Ltd 3 Larch Street
Grangemouth
Falkirk
FK3 8PG

 

AMS Lifting Services Ltd

Director's Report for the Year Ended 30 April 2025

The director presents his report and the abridged financial statements for the year ended 30 April 2025.

Director of the company

The director who held office during the year was as follows:

Mr Simon Hodgson

Principal activity

The principal activity of the company is lifting services

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 2 June 2025
 

.........................................
Mr Simon Hodgson
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
AMS Lifting Services Ltd
for the Year Ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AMS Lifting Services Ltd for the year ended 30 April 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of AMS Lifting Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of AMS Lifting Services Ltd and state those matters that we have agreed to state to the Board of Directors of AMS Lifting Services Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AMS Lifting Services Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that AMS Lifting Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AMS Lifting Services Ltd. You consider that AMS Lifting Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of AMS Lifting Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Tayler Morgan Ltd
3 Larch Street
Grangemouth
Falkirk
FK3 8PG

 

AMS Lifting Services Ltd

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 April 2025

Note

2025
£

Turnover

 

59,666

Cost of sales

 

(6,513)

Gross profit

 

53,153

Administrative expenses

 

(26,970)

Operating profit

 

26,183

Profit before tax

26,183

Taxation

 

(4,975)

Profit for the financial year

 

21,208

Retained earnings brought forward

 

-

Dividends paid

 

(21,208)

Retained earnings carried forward

 

-

 

AMS Lifting Services Ltd

(Registration number: SC806951)
Abridged Balance Sheet as at 30 April 2025

Note

2025
£

Current assets

 

Cash at bank and in hand

 

1

Capital and reserves

 

Called up share capital

5

1

Shareholders' funds

 

1

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 2 June 2025
 

.........................................
Mr Simon Hodgson
Director

 

AMS Lifting Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
371 Tweedsmuir Road
Glasgow
G52 2EH
Scotland

These financial statements were authorised for issue by the director on 2 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

AMS Lifting Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025 (continued)

2

Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2.

 

AMS Lifting Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025 (continued)

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

Additions

5,000

5,000

Disposals

(5,000)

(5,000)

At 30 April 2025

-

-

Depreciation

Carrying amount

At 30 April 2025

-

-

5

Share capital

Allotted, called up and fully paid shares

2025

No.

£

Share Capital of £1 each

1

1

   

6

Dividends

2025

£

Interim dividend of £21,208.42 per ordinary share

21,208

 

7

Related party transactions

 

AMS Lifting Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025 (continued)

7

Related party transactions (continued)

Director's remuneration

The director's remuneration for the year was as follows:

2025
£

Remuneration

12,564