Registered number
11885397
AM TRAVELS LTD
Filleted Accounts
31 March 2025
AM TRAVELS LTD
Registered number: 11885397
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 14,000 16,800
Tangible assets 4 8,037 10,249
22,037 27,049
Current assets
Cash at bank and in hand 4,120 2,095
Creditors: amounts falling due within one year 5 (1,291) (1,483)
Net Current Assets 2,829 612
Total assets less current liabilities 24,866 27,661
Creditors: amounts falling due after more than one year 6 (23,862) (21,491)
Net Assets 1,004 6,170
Capital and reserves
Called up share capital 100 100
Profit and loss account 904 6,070
Shareholders' funds 1,004 6,170
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MUHAMMAD AMJAD MUNIR
Director
Approved by the board on 25 July 2025
AM TRAVELS LTD
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 28,000
At 31 March 2025 28,000
Amortisation
At 1 April 2024 11,200
Provided during the year 2,800
At 31 March 2025 14,000
Net book value
At 31 March 2025 14,000
At 31 March 2024 16,800
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 13,749
Additions 8,930
Disposals (13,749)
At 31 March 2025 8,930
Depreciation
At 1 April 2024 3,500
Charge for the year 893
On disposals (3,500)
At 31 March 2025 893
Net book value
At 31 March 2025 8,037
At 31 March 2024 10,249
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 691 883
Other creditors 600 600
1,291 1,483
6 Creditors: amounts falling due after one year 2025 2024
£ £
Directors Loan 23,862 21,491
7 Other information
AM TRAVELS LTD is a private company limited by shares and incorporated in England. Its registered office is:
3 LEES AVENUE
DEWSBURY
WF12 0AN
AM TRAVELS LTD 11885397 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts July 2024 MUHAMMAD AMJAD MUNIR No description of principal activity 11885397 2023-04-01 2024-03-31 11885397 core:WithinOneYear 2024-03-31 11885397 core:AfterOneYear 2024-03-31 11885397 core:ShareCapital 2024-03-31 11885397 core:RetainedEarningsAccumulatedLosses 2024-03-31 11885397 2024-04-01 2025-03-31 11885397 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11885397 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11885397 bus:Director40 2024-04-01 2025-03-31 11885397 2 2024-04-01 2025-03-31 11885397 core:Goodwill 2024-04-01 2025-03-31 11885397 core:PlantMachinery 2024-04-01 2025-03-31 11885397 countries:England 2024-04-01 2025-03-31 11885397 bus:FRS102 2024-04-01 2025-03-31 11885397 bus:FilletedAccounts 2024-04-01 2025-03-31 11885397 2025-03-31 11885397 core:WithinOneYear 2025-03-31 11885397 core:AfterOneYear 2025-03-31 11885397 core:ShareCapital 2025-03-31 11885397 core:RetainedEarningsAccumulatedLosses 2025-03-31 11885397 core:Goodwill 2025-03-31 11885397 core:PlantMachinery 2025-03-31 11885397 2024-03-31 11885397 core:Goodwill 2024-03-31 11885397 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure