IRIS Accounts Production v25.1.3.33 04090052 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040900522023-10-31040900522024-10-31040900522023-11-012024-10-31040900522022-10-31040900522022-11-012023-10-31040900522023-10-3104090052ns15:EnglandWales2023-11-012024-10-3104090052ns14:PoundSterling2023-11-012024-10-3104090052ns10:Director12023-11-012024-10-3104090052ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104090052ns10:SmallEntities2023-11-012024-10-3104090052ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3104090052ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104090052ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104090052ns10:FullAccounts2023-11-012024-10-3104090052ns10:OrdinaryShareClass12023-11-012024-10-3104090052ns10:OrdinaryShareClass22023-11-012024-10-3104090052ns10:CompanySecretary12023-11-012024-10-3104090052ns10:RegisteredOffice2023-11-012024-10-3104090052ns5:CurrentFinancialInstruments2024-10-3104090052ns5:CurrentFinancialInstruments2023-10-3104090052ns5:Non-currentFinancialInstruments2024-10-3104090052ns5:Non-currentFinancialInstruments2023-10-3104090052ns5:ShareCapital2024-10-3104090052ns5:ShareCapital2023-10-3104090052ns5:RetainedEarningsAccumulatedLosses2024-10-3104090052ns5:RetainedEarningsAccumulatedLosses2023-10-3104090052ns5:FurnitureFittings2023-11-012024-10-3104090052ns5:ComputerEquipment2023-11-012024-10-3104090052ns5:FurnitureFittings2023-10-3104090052ns5:ComputerEquipment2023-10-3104090052ns5:FurnitureFittings2024-10-3104090052ns5:ComputerEquipment2024-10-3104090052ns5:FurnitureFittings2023-10-3104090052ns5:ComputerEquipment2023-10-3104090052ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104090052ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3104090052ns10:OrdinaryShareClass12024-10-3104090052ns10:OrdinaryShareClass22024-10-31
REGISTERED NUMBER: 04090052 (England and Wales)


















AMS 1072 Limited

Unaudited Financial Statements

for the Year Ended 31 October 2024






AMS 1072 Limited (Registered number: 04090052)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMS 1072 Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr K Dempsey





SECRETARY: Mrs C Dempsey





REGISTERED OFFICE: Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF





REGISTERED NUMBER: 04090052 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

AMS 1072 Limited (Registered number: 04090052)

Balance Sheet
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 10 70

CURRENT ASSETS
Debtors 5 19,767 16,802
Cash at bank 636,112 562,752
655,879 579,554
CREDITORS
Amounts falling due within one year 6 (32,838 ) (26,463 )
NET CURRENT ASSETS 623,041 553,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

623,051

553,161

CREDITORS
Amounts falling due after more than one
year

7

-

(145

)
NET ASSETS 623,051 553,016

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 623,049 553,014
SHAREHOLDERS' FUNDS 623,051 553,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AMS 1072 Limited (Registered number: 04090052)

Balance Sheet - continued
31 October 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:





Mr K Dempsey - Director


AMS 1072 Limited (Registered number: 04090052)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

AMS 1072 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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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

Current 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AMS 1072 Limited (Registered number: 04090052)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 115 1,317 1,432
DEPRECIATION
At 1 November 2023 113 1,249 1,362
Charge for year - 60 60
At 31 October 2024 113 1,309 1,422
NET BOOK VALUE
At 31 October 2024 2 8 10
At 31 October 2023 2 68 70

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,800 16,800
Other debtors 2,967 2
19,767 16,802

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 190 -
Taxation and social security 32,648 26,450
Other creditors - 13
32,838 26,463

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Trade creditors - 145

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
2 2