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Company Registration No. 08737474 (England and Wales)
AMH Autos Ltd Unaudited accounts for the year ended 31 October 2024
AMH Autos Ltd Unaudited accounts Contents
Page
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AMH Autos Ltd Company Information for the year ended 31 October 2024
Director
Andrew Hinks
Company Number
08737474 (England and Wales)
Registered Office
Unit 9 Apollo Business Centre Hull Road Osgodby Selby England YO8 5HX United Kingdom
Accountants
Accsafe Ltd T/A D&K Accounting Office 2, The Beehive Bawtry Hall Bawtry South Yorkshire DN10 6JH
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AMH Autos Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,233 
45,733 
Current assets
Inventories
42,212 
50,000 
Debtors
505 
505 
Cash at bank and in hand
734,663 
602,018 
777,380 
652,523 
Creditors: amounts falling due within one year
(389,643)
(297,489)
Net current assets
387,737 
355,034 
Total assets less current liabilities
418,970 
400,767 
Creditors: amounts falling due after more than one year
(6,007)
(14,439)
Net assets
412,963 
386,328 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
412,962 
386,327 
Shareholders' funds
412,963 
386,328 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 April 2025 and were signed on its behalf by
Andrew Hinks Director Company Registration No. 08737474
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AMH Autos Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
AMH Autos Ltd is a private company, limited by shares, registered in England and Wales, registration number 08737474. The registered office is Unit 9 Apollo Business Centre Hull Road, Osgodby, Selby, England, YO8 5HX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance Method
Motor vehicles
33% Reducing Balance Method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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AMH Autos Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
13,050 
77,550 
90,600 
At 31 October 2024
13,050 
77,550 
90,600 
Depreciation
At 1 November 2023
8,492 
36,375 
44,867 
Charge for the year
912 
13,588 
14,500 
At 31 October 2024
9,404 
49,963 
59,367 
Net book value
At 31 October 2024
3,646 
27,587 
31,233 
At 31 October 2023
4,558 
41,175 
45,733 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
505 
505 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
6,846 
29,476 
Trade creditors
- 
16,641 
Taxes and social security
8,974 
5,644 
Loans from directors
363,317 
233,974 
Accruals
2,506 
3,754 
389,643 
297,489 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,007 
14,439 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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