2023-12-012024-11-302024-11-30false10470126AME RESIDENTIAL LTD2025-06-1168100falseiso4217:GBPxbrli:pure104701262023-12-01104701262024-11-30104701262023-12-012024-11-30104701262022-12-01104701262023-11-30104701262022-12-012023-11-3010470126bus:SmallEntities2023-12-012024-11-3010470126bus:AuditExempt-NoAccountantsReport2023-12-012024-11-3010470126bus:FullAccounts2023-12-012024-11-3010470126bus:PrivateLimitedCompanyLtd2023-12-012024-11-3010470126core:WithinOneYear2024-11-3010470126core:AfterOneYear2024-11-3010470126core:WithinOneYear2023-11-3010470126core:AfterOneYear2023-11-3010470126core:ShareCapital2024-11-3010470126core:SharePremium2024-11-3010470126core:RevaluationReserve2024-11-3010470126core:OtherReservesSubtotal2024-11-3010470126core:RetainedEarningsAccumulatedLosses2024-11-3010470126core:ShareCapital2023-11-3010470126core:SharePremium2023-11-3010470126core:RevaluationReserve2023-11-3010470126core:OtherReservesSubtotal2023-11-3010470126core:RetainedEarningsAccumulatedLosses2023-11-3010470126core:LandBuildings2024-11-3010470126core:PlantMachinery2024-11-3010470126core:Vehicles2024-11-3010470126core:FurnitureFittings2024-11-3010470126core:OfficeEquipment2024-11-3010470126core:NetGoodwill2024-11-3010470126core:IntangibleAssetsOtherThanGoodwill2024-11-3010470126core:ListedExchangeTraded2024-11-3010470126core:UnlistedNon-exchangeTraded2024-11-3010470126core:LandBuildings2023-11-3010470126core:PlantMachinery2023-11-3010470126core:Vehicles2023-11-3010470126core:FurnitureFittings2023-11-3010470126core:OfficeEquipment2023-11-3010470126core:NetGoodwill2023-11-3010470126core:IntangibleAssetsOtherThanGoodwill2023-11-3010470126core:ListedExchangeTraded2023-11-3010470126core:UnlistedNon-exchangeTraded2023-11-3010470126core:LandBuildings2023-12-012024-11-3010470126core:PlantMachinery2023-12-012024-11-3010470126core:Vehicles2023-12-012024-11-3010470126core:FurnitureFittings2023-12-012024-11-3010470126core:OfficeEquipment2023-12-012024-11-3010470126core:NetGoodwill2023-12-012024-11-3010470126core:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3010470126core:ListedExchangeTraded2023-12-012024-11-3010470126core:UnlistedNon-exchangeTraded2023-12-012024-11-3010470126core:MoreThanFiveYears2023-12-012024-11-3010470126core:Non-currentFinancialInstruments2024-11-3010470126core:Non-currentFinancialInstruments2023-11-3010470126dpl:CostSales2023-12-012024-11-3010470126dpl:DistributionCosts2023-12-012024-11-3010470126core:LandBuildings2023-12-012024-11-3010470126core:PlantMachinery2023-12-012024-11-3010470126core:Vehicles2023-12-012024-11-3010470126core:FurnitureFittings2023-12-012024-11-3010470126core:OfficeEquipment2023-12-012024-11-3010470126dpl:AdministrativeExpenses2023-12-012024-11-3010470126core:NetGoodwill2023-12-012024-11-3010470126core:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3010470126dpl:GroupUndertakings2023-12-012024-11-3010470126dpl:ParticipatingInterests2023-12-012024-11-3010470126dpl:GroupUndertakingscore:ListedExchangeTraded2023-12-012024-11-3010470126core:ListedExchangeTraded2023-12-012024-11-3010470126dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-12-012024-11-3010470126core:UnlistedNon-exchangeTraded2023-12-012024-11-3010470126dpl:CostSales2022-12-012023-11-3010470126dpl:DistributionCosts2022-12-012023-11-3010470126core:LandBuildings2022-12-012023-11-3010470126core:PlantMachinery2022-12-012023-11-3010470126core:Vehicles2022-12-012023-11-3010470126core:FurnitureFittings2022-12-012023-11-3010470126core:OfficeEquipment2022-12-012023-11-3010470126dpl:AdministrativeExpenses2022-12-012023-11-3010470126core:NetGoodwill2022-12-012023-11-3010470126core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3010470126dpl:GroupUndertakings2022-12-012023-11-3010470126dpl:ParticipatingInterests2022-12-012023-11-3010470126dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3010470126core:ListedExchangeTraded2022-12-012023-11-3010470126dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3010470126core:UnlistedNon-exchangeTraded2022-12-012023-11-3010470126core:NetGoodwill2024-11-3010470126core:IntangibleAssetsOtherThanGoodwill2024-11-3010470126core:LandBuildings2024-11-3010470126core:PlantMachinery2024-11-3010470126core:Vehicles2024-11-3010470126core:FurnitureFittings2024-11-3010470126core:OfficeEquipment2024-11-3010470126core:AfterOneYear2024-11-3010470126core:WithinOneYear2024-11-3010470126core:ListedExchangeTraded2024-11-3010470126core:UnlistedNon-exchangeTraded2024-11-3010470126core:ShareCapital2024-11-3010470126core:SharePremium2024-11-3010470126core:RevaluationReserve2024-11-3010470126core:OtherReservesSubtotal2024-11-3010470126core:RetainedEarningsAccumulatedLosses2024-11-3010470126core:NetGoodwill2023-11-3010470126core:IntangibleAssetsOtherThanGoodwill2023-11-3010470126core:LandBuildings2023-11-3010470126core:PlantMachinery2023-11-3010470126core:Vehicles2023-11-3010470126core:FurnitureFittings2023-11-3010470126core:OfficeEquipment2023-11-3010470126core:AfterOneYear2023-11-3010470126core:WithinOneYear2023-11-3010470126core:ListedExchangeTraded2023-11-3010470126core:UnlistedNon-exchangeTraded2023-11-3010470126core:ShareCapital2023-11-3010470126core:SharePremium2023-11-3010470126core:RevaluationReserve2023-11-3010470126core:OtherReservesSubtotal2023-11-3010470126core:RetainedEarningsAccumulatedLosses2023-11-3010470126core:NetGoodwill2022-12-0110470126core:IntangibleAssetsOtherThanGoodwill2022-12-0110470126core:LandBuildings2022-12-0110470126core:PlantMachinery2022-12-0110470126core:Vehicles2022-12-0110470126core:FurnitureFittings2022-12-0110470126core:OfficeEquipment2022-12-0110470126core:AfterOneYear2022-12-0110470126core:WithinOneYear2022-12-0110470126core:ListedExchangeTraded2022-12-0110470126core:UnlistedNon-exchangeTraded2022-12-0110470126core:ShareCapital2022-12-0110470126core:SharePremium2022-12-0110470126core:RevaluationReserve2022-12-0110470126core:OtherReservesSubtotal2022-12-0110470126core:RetainedEarningsAccumulatedLosses2022-12-0110470126core:AfterOneYear2023-12-012024-11-3010470126core:WithinOneYear2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:CostValuation2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3010470126core:Non-currentFinancialInstrumentscore:CostValuation2024-11-3010470126core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-11-3010470126core:Non-currentFinancialInstrumentscore:CostValuation2023-11-3010470126core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-3010470126core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-3010470126bus:Director12023-12-012024-11-3010470126core:FurnitureFittingsToolsEquipment2023-11-3010470126core:FurnitureFittingsToolsEquipment2023-12-012024-11-3010470126core:FurnitureFittingsToolsEquipment2024-11-30

AME RESIDENTIAL LTD

Registered Number
10470126
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

AME RESIDENTIAL LTD
Company Information
for the year from 1 December 2023 to 30 November 2024

Director

EDWARDS, Alexandra Maria

Registered Address

17 Wordsworth Avenue
Cardiff
CF24 3FQ

Registered Number

10470126 (England and Wales)
AME RESIDENTIAL LTD
Statement of Financial Position
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,469405
Investment property47,056,9227,013,538
7,058,3917,013,943
Current assets
Debtors519,32421,671
Cash at bank and on hand13,67348,564
32,99770,235
Creditors amounts falling due within one year6(1,950,683)(2,058,127)
Net current assets (liabilities)(1,917,686)(1,987,892)
Total assets less current liabilities5,140,7055,026,051
Creditors amounts falling due after one year7(4,654,523)(4,638,929)
Provisions for liabilities8(72,118)(67,102)
Net assets414,064320,020
Capital and reserves
Called up share capital100100
Profit and loss account413,964319,920
Shareholders' funds414,064320,020
The financial statements were approved and authorised for issue by the Director on 11 June 2025, and are signed on its behalf by:
EDWARDS, Alexandra Maria
Director
Registered Company No. 10470126
AME RESIDENTIAL LTD
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Deferred tax
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Fixtures and fittings25
Office Equipment25
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 December 2320,78084221,622
Additions1,478-1,478
Disposals(17,752)-(17,752)
At 30 November 244,5068425,348
Depreciation and impairment
At 01 December 2320,77943821,217
Charge for year279135414
On disposals(17,752)-(17,752)
At 30 November 243,3065733,879
Net book value
At 30 November 241,2002691,469
At 30 November 231404405
4.Investment property

£
Fair value at 01 December 237,013,538
Additions24,384
Fair value adjustments19,000
At 30 November 247,056,922
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables14,77112,087
Prepayments and accrued income4,5539,584
Total19,32421,671
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables4,16112,926
Bank borrowings and overdrafts1,919,5422,027,362
Taxation and social security23,38014,239
Accrued liabilities and deferred income3,6003,600
Total1,950,6832,058,127
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts4,654,5234,638,929
Total4,654,5234,638,929
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)72,11867,102
Total72,11867,102
9.Controlling party
The ultimate controlling party is the director of the company Ms A M Edwards.