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Company Registration No. 11201855 (England and Wales)
AM Capital Assets Limited Unaudited accounts for the year ended 31 March 2025
AM Capital Assets Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
AM Capital Assets Limited Company Information for the year ended 31 March 2025
Director
Arjun Mohindra
Company Number
11201855 (England and Wales)
Registered Office
Unit 24 King Street Buildings King Street Enderby Leicestershire LE8 4GR England
Accountants
Advanced Tax Solutions Ltd t/a Tax Made Easy Unit 24, King Street Buildings Enderby Leicester Leicestershire LE19 4NT
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AM Capital Assets Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
362
724
Investment property
5
376,686
376,686
377,048
377,410
Current assets
Debtors
6
101
154
Cash at bank and in hand
3,599
3,032
3,700
3,186
Creditors: amounts falling due within one year
7
(4,008)
(10,214)
Net current liabilities
(308)
(7,028)
Total assets less current liabilities
376,740
370,382
Creditors: amounts falling due after more than one year
8
(363,776)
(352,839)
Net assets
12,964
17,543
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
12,864
17,443
Shareholders' funds
12,964
17,543
For the year ending 31 March 2025 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 18 August 2025 and were signed on its behalf by
Arjun Mohindra Director Company Registration No. 11201855
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AM Capital Assets Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
AM Capital Assets Limited is a private company, limited by shares, registered in England and Wales, registration number 11201855. The registered office is Unit 24 King Street Buildings, King Street, Enderby, Leicestershire, LE8 4GR, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
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.
Going concern
The directors have the reasonable expectation that the company has adequate resources and support to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.
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AM Capital Assets Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,809
At 31 March 2025
1,809
Depreciation
At 1 April 2024
1,085
Charge for the year
362
At 31 March 2025
1,447
Net book value
At 31 March 2025
362
At 31 March 2024
724
5
Investment property
2025
£
Fair value at 1 April 2024
376,686
At 31 March 2025
376,686
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
101
154
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
47
4,294
Other creditors
3,261
5,170
Accruals
700
750
4,008
10,214
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
276,573
276,573
Loans from directors
87,203
76,266
363,776
352,839
Loans of £339,183 are secured on investment property.
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AM Capital Assets Limited Notes to the Accounts for the year ended 31 March 2025
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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