1 January 2024 false Taxfiler 2024.6 10522417 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10522417 2023-12-31 10522417 2024-01-01 2024-12-31 10522417 business:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10522417 business:FilletedAccounts 2024-01-01 2024-12-31 10522417 2024-12-31 10522417 business:Director1 2024-01-01 2024-12-31 10522417 business:RegisteredOffice 2024-01-01 2024-12-31 10522417 2023-12-31 10522417 core:WithinOneYear 2024-12-31 10522417 core:WithinOneYear 2023-12-31 10522417 core:AfterOneYear 2024-12-31 10522417 core:AfterOneYear 2023-12-31 10522417 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 10522417 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 10522417 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 10522417 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 10522417 core:PreviouslyStatedAmount 2024-12-31 10522417 core:PreviouslyStatedAmount 2023-12-31 10522417 business:SmallEntities 2024-01-01 2024-12-31 10522417 countries:EnglandWales 2024-01-01 2024-12-31 10522417 core:PlantMachinery 2024-01-01 2024-12-31 10522417 core:FurnitureFittings 2024-01-01 2024-12-31 10522417 core:ComputerEquipment 2024-01-01 2024-12-31 10522417 core:PlantMachinery 2023-12-31 10522417 core:FurnitureFittings 2023-12-31 10522417 core:ComputerEquipment 2023-12-31 10522417 core:PlantMachinery 2024-12-31 10522417 core:FurnitureFittings 2024-12-31 10522417 core:ComputerEquipment 2024-12-31 10522417 business:OrdinaryShareClass1 2024-01-01 2024-12-31 10522417 business:OrdinaryShareClass1 2023-01-01 2023-12-31 10522417 business:Director1 1 2024-01-01 2024-12-31 10522417 business:Director1 1 2023-12-31 10522417 business:Director1 1 2024-12-31 10522417 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10522417 (England and Wales)
AM Structural Consultancy Ltd Unaudited accounts for the year ended 31 December 2024
AM Structural Consultancy Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
AM Structural Consultancy Ltd Company Information for the year ended 31 December 2024
Director
Mihai Munteanu
Company Number
10522417 (England and Wales)
Registered Office
59 Caesar Crescent Newport South Wales NP18 3FT United Kingdom
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AM Structural Consultancy Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AM Structural Consultancy Ltd for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 29 August 2025
- 4 -
AM Structural Consultancy Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
24
939
Current assets
Debtors
5
5,997
3,508
Cash at bank and in hand
2,132
449
8,129
3,957
Creditors: amounts falling due within one year
6
(7,551)
(3,826)
Net current assets
578
131
Total assets less current liabilities
602
1,070
Creditors: amounts falling due after more than one year
7
(275)
(684)
Provisions for liabilities
Deferred tax
(5)
(178)
Net assets
322
208
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
222
108
Shareholders' funds
322
208
For the year ending 31 December 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 August 2025 and were signed on its behalf by
Mihai Munteanu Director Company Registration No. 10522417
- 5 -
AM Structural Consultancy Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
AM Structural Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 10522417. The registered office is 59 Caesar Crescent, Newport, South Wales, NP18 3FT, 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
10 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 6 -
AM Structural Consultancy Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
509
2,202
2,073
4,784
Revaluations
(509)
-
(2,073)
(2,582)
At 31 December 2024
-
2,202
-
2,202
Depreciation
At 1 January 2024
509
2,106
1,230
3,845
Charge for the year
-
72
-
72
Surplus on revaluation
(509)
-
(1,230)
(1,739)
At 31 December 2024
-
2,178
-
2,178
Net book value
At 31 December 2024
-
24
-
24
At 31 December 2023
-
96
843
939
5
Debtors
2024
2023
£
£
Amounts falling due after more than one year
Other debtors
5,997
3,508
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
432
432
Taxes and social security
2,360
2,003
Other creditors
4,141
791
Accruals
618
600
7,551
3,826
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
275
684
8
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
- 7 -
AM Structural Consultancy Ltd Notes to the Accounts for the year ended 31 December 2024
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mihai Munteanu
general loan outstanding
3,509
2,488
-
5,997
3,509
2,488
-
5,997
The balance represents an interest free loan that is repayable to the company upon demand.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 8 -