Company registration number 09182706 (England and Wales)
AM DRYLINING (SOUTHERN) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
AM DRYLINING (SOUTHERN) LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
AM DRYLINING (SOUTHERN) LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr M O'Reilly
Company number
09182706
Registered office
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
Accountants
TC Group
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
AM DRYLINING (SOUTHERN) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,643
1,642
Current assets
Stocks
1,000
12,100
Debtors
4
246,351
147,855
Cash at bank and in hand
63,385
118,434
310,736
278,389
Creditors: amounts falling due within one year
5
(98,284)
(75,519)
Net current assets
212,452
202,870
Total assets less current liabilities
215,095
204,512
Creditors: amounts falling due after more than one year
6
(21,814)
(44,142)
Provisions for liabilities
(661)
-
0
Net assets
192,620
160,370
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
192,520
160,270
Total equity
192,620
160,370
AM DRYLINING (SOUTHERN) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 3 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 10 September 2025
Mr M O'Reilly
Director
Company registration number 09182706 (England and Wales)
AM DRYLINING (SOUTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
1
Accounting policies
Company information

AM Drylining (Southern) Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Courtyard, Shoreham Road, Upper Beeding, Steyning, West Sussex, BN44 3TN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting

Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies

Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of

section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true

and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% Reducing balance method
Fixtures and fittings
20% Reducing balance method
Computers
25% Reducing balance method
Motor vehicles
20% Reducing balance method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

AM DRYLINING (SOUTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

AM DRYLINING (SOUTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
AM DRYLINING (SOUTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
7,076
1,358
249
2,500
11,183
Additions
1,052
-
0
791
-
0
1,843
At 31 March 2025
8,128
1,358
1,040
2,500
13,026
Depreciation and impairment
At 1 April 2024
6,127
1,052
156
2,206
9,541
Depreciation charged in the year
501
61
221
59
842
At 31 March 2025
6,628
1,113
377
2,265
10,383
Carrying amount
At 31 March 2025
1,500
245
663
235
2,643
At 31 March 2024
949
306
93
294
1,642
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
111,464
91,699
Other debtors
134,887
56,156
246,351
147,855
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
9,828
9,828
Trade creditors
6,162
4,100
Taxation and social security
67,578
47,535
Other creditors
14,716
14,056
98,284
75,519
AM DRYLINING (SOUTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
21,814
44,142
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2025-03-31 2024-04-01 false false false 10 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr M O'Reilly 09182706 2024-04-01 2025-03-31 09182706 bus:Director1 2024-04-01 2025-03-31 09182706 bus:RegisteredOffice 2024-04-01 2025-03-31 09182706 2025-03-31 09182706 2024-03-31 09182706 core:PlantMachinery 2025-03-31 09182706 core:FurnitureFittings 2025-03-31 09182706 core:ComputerEquipment 2025-03-31 09182706 core:MotorVehicles 2025-03-31 09182706 core:PlantMachinery 2024-03-31 09182706 core:FurnitureFittings 2024-03-31 09182706 core:ComputerEquipment 2024-03-31 09182706 core:MotorVehicles 2024-03-31 09182706 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09182706 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09182706 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 09182706 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 09182706 core:CurrentFinancialInstruments 2025-03-31 09182706 core:CurrentFinancialInstruments 2024-03-31 09182706 core:ShareCapital 2025-03-31 09182706 core:ShareCapital 2024-03-31 09182706 core:RetainedEarningsAccumulatedLosses 2025-03-31 09182706 core:RetainedEarningsAccumulatedLosses 2024-03-31 09182706 core:ShareCapitalOrdinaryShareClass1 2025-03-31 09182706 core:ShareCapitalOrdinaryShareClass1 2024-03-31 09182706 core:PlantMachinery 2024-04-01 2025-03-31 09182706 core:FurnitureFittings 2024-04-01 2025-03-31 09182706 core:ComputerEquipment 2024-04-01 2025-03-31 09182706 core:MotorVehicles 2024-04-01 2025-03-31 09182706 2023-04-01 2024-03-31 09182706 core:PlantMachinery 2024-03-31 09182706 core:FurnitureFittings 2024-03-31 09182706 core:ComputerEquipment 2024-03-31 09182706 core:MotorVehicles 2024-03-31 09182706 2024-03-31 09182706 core:WithinOneYear 2025-03-31 09182706 core:WithinOneYear 2024-03-31 09182706 core:Non-currentFinancialInstruments 2025-03-31 09182706 core:Non-currentFinancialInstruments 2024-03-31 09182706 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09182706 bus:OrdinaryShareClass1 2025-03-31 09182706 bus:OrdinaryShareClass1 2024-03-31 09182706 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09182706 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09182706 bus:FRS102 2024-04-01 2025-03-31 09182706 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09182706 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP