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REGISTERED NUMBER: 13888825 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

AM Homes (Leicester) Limited

AM Homes (Leicester) Limited (Registered number: 13888825)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AM Homes (Leicester) Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: Mrs J Maisto





SECRETARY:





REGISTERED OFFICE: 1 North Street
Wigston
Leicester
LE18 1PS





REGISTERED NUMBER: 13888825 (England and Wales)





ACCOUNTANTS: SJS Accountancy Services
1 North Street
Wigston
Leicester
LE18 1PS

AM Homes (Leicester) Limited (Registered number: 13888825)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 32,962 28,059

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 24,437 134,347
Cash at bank 64,111 51,041
89,548 186,388
CREDITORS
Amounts falling due within one year 6 65,055 144,684
NET CURRENT ASSETS 24,493 41,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,455

69,763

CREDITORS
Amounts falling due after more than one
year

7

7,453

11,833
NET ASSETS 50,002 57,930

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,902 57,830
50,002 57,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AM Homes (Leicester) Limited (Registered number: 13888825)

Balance Sheet - continued
28 February 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:





Mrs J Maisto - Director


AM Homes (Leicester) Limited (Registered number: 13888825)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

AM Homes (Leicester) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AM Homes (Leicester) Limited (Registered number: 13888825)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 40,669
Additions 13,462
At 28 February 2025 54,131
DEPRECIATION
At 1 March 2024 12,610
Charge for year 8,559
At 28 February 2025 21,169
NET BOOK VALUE
At 28 February 2025 32,962
At 29 February 2024 28,059

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2024 28,500
Additions 10,995
At 28 February 2025 39,495
DEPRECIATION
At 1 March 2024 7,940
Charge for year 6,311
At 28 February 2025 14,251
NET BOOK VALUE
At 28 February 2025 25,244
At 29 February 2024 20,560

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 15,492 133,001
Other debtors 8,945 1,346
24,437 134,347

AM Homes (Leicester) Limited (Registered number: 13888825)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other debtors amounting to £8,945 (2024 - £1,346) is represented by prepayments of £3,159 (2024 - £1,346) and a VAT debtor of £5,786 (2024 - £Nil).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 10,472 6,625
Trade creditors 33,038 76,603
Taxation and social security 3,912 22,285
Other creditors 17,633 39,171
65,055 144,684

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 7,453 11,833