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Registration number: 04853551

A & M Ceramics Limited

Unaudited Filleted Financial Statements

for the Period from 1 April 2024 to 31 May 2025

 

A & M Ceramics Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

A & M Ceramics Limited

Company Information

Directors

A Fairhurst

M Fairhurst

Company secretary

L Smith

Registered office

Unit 4 Ketterer Court
off Jackson Street
St Helens
Merseyside
WA9 3AH

Accountants

Davidson Stant Limited
The Glen
Knutsford Old Road
Stockton Heath
Warrington
WA4 2LD

 

A & M Ceramics Limited

(Registration number: 04853551)
Balance Sheet as at 31 May 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

3

200,311

205,616

Other financial assets

4

290,114

300,000

 

490,425

505,616

Current assets

 

Stocks

5

7,000

7,000

Debtors

6

202,525

165,541

Cash at bank and in hand

 

242,948

292,956

 

452,473

465,497

Creditors: Amounts falling due within one year

7

(53,876)

(50,077)

Net current assets

 

398,597

415,420

Net assets

 

889,022

921,036

Capital and reserves

 

Called up share capital

8

2

2

Revaluation reserve

(9,886)

-

Retained earnings

898,906

921,034

Shareholders' funds

 

889,022

921,036

For the financial period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 July 2025 and signed on its behalf by:
 

 

A & M Ceramics Limited

(Registration number: 04853551)
Balance Sheet as at 31 May 2025

.........................................

A Fairhurst

Director

.........................................

M Fairhurst

Director

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

1

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 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 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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

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:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance basis

Fixtures and fittings

25% reducing balance basis

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

Motor vehicles

25% reducing balance basis

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 6 (2024 - 7).

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

3

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Cost or valuation

At 1 April 2024

152,565

844

86,434

1,060

At 31 May 2025

152,565

844

86,434

1,060

Depreciation

At 1 April 2024

-

844

33,383

1,060

Charge for the period

-

-

5,305

-

At 31 May 2025

-

844

38,688

1,060

Carrying amount

At 31 May 2025

152,565

-

47,746

-

At 31 March 2024

152,565

-

53,051

-

Total
£

Cost or valuation

At 1 April 2024

240,903

At 31 May 2025

240,903

Depreciation

At 1 April 2024

35,287

Charge for the period

5,305

At 31 May 2025

40,592

Carrying amount

At 31 May 2025

200,311

At 31 March 2024

205,616

Included within the net book value of land and buildings above is £152,565 (2024 - £152,565) in respect of freehold land and buildings.
 

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 April 2024

300,000

300,000

Fair value adjustments

(9,886)

(9,886)

At 31 May 2025

290,114

290,114

Impairment

Carrying amount

At 31 May 2025

290,114

290,114

5

Stocks

2025
£

2024
£

Other inventories

7,000

7,000

6

Debtors

Current

2025
£

2024
£

Trade debtors

156,699

156,699

Prepayments

902

973

Other debtors

44,924

7,869

 

202,525

165,541

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

19,443

14,129

Taxation and social security

11,502

23,114

Accruals and deferred income

22,932

12,387

Other creditors

(1)

447

53,876

50,077

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

       

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current period were as follows:

Revaluation reserve
£

Total
£

Surplus/deficit on revaluation of other assets

(9,886)

(9,886)

10

Dividends

Interim dividends paid

2025
£

2024
£

Interim dividend of £40,024.50 (2024 - £36,837.00) per each Ordinary

80,049

73,674

 

 

11

Related party transactions

 

A & M Ceramics Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 May 2025

Directors' remuneration

The directors' remuneration for the period was as follows:

2025
£

2024
£

Remuneration

25,140

45,140

Contributions paid to money purchase schemes

120,000

-

145,140

45,140