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
AM Capital Assets Limited
Company Information
for the year ended 31 March 2025
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
AM Capital Assets Limited
Statement of financial position
as at 31 March 2025
Investment property
376,686
376,686
Cash at bank and in hand
3,599
3,032
Creditors: amounts falling due within one year
(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
(363,776)
(352,839)
Called up share capital
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
AM Capital Assets Limited
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
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.
AM Capital Assets Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Fair value at 1 April 2024
376,686
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
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
Loans of £339,183 are secured on investment property.
AM Capital Assets Limited
Notes to the Accounts
for the year ended 31 March 2025
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).