REGISTERED NUMBER: 02851829 (England and Wales)

AMDELL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D C Mulcare

D Godfrey

SECRETARY:

Miss H S Mulcare

REGISTERED OFFICE:

Suite 9

Almond House

Betteshanger Road

Deal

Kent

CT14 0EN

REGISTERED NUMBER:

02851829 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

40,245

38,242

Investments

5

1,100,076

1,100,076

1,140,321

1,138,318

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

6

2,003,233

1,301,826

Cash at bank

348,777

582,158

2,362,010

1,893,984

CREDITORS

Amounts falling due within one year

7

1,227,874

863,492

NET CURRENT ASSETS

1,134,136

1,030,492

TOTAL ASSETS LESS CURRENT LIABILITIES

2,274,457

2,168,810

PROVISIONS FOR LIABILITIES

7,266

7,266

NET ASSETS

2,267,191

2,161,544

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

2,267,092

2,161,445

2,267,191

2,161,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

D C Mulcare - Director

1.	STATUTORY INFORMATION

Amdell Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Motor

machinery

Fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

15,751

19,253

97,125

132,129

Additions

583

1,428

13,995

16,006

Disposals

-

-

(4,400

)

(4,400

)

At 31 December 2024

16,334

20,681

106,720

143,735

DEPRECIATION

At 1 January 2024

12,931

14,835

66,121

93,887

Charge for year

851

1,462

11,103

13,416

Eliminated on disposal

-

-

(3,813

)

(3,813

)

At 31 December 2024

13,782

16,297

73,411

103,490

NET BOOK VALUE

At 31 December 2024

2,552

4,384

33,309

40,245

At 31 December 2023

2,820

4,418

31,004

38,242

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

1,100,076

NET BOOK VALUE

At 31 December 2024

1,100,076

At 31 December 2023

1,100,076

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,880,536

1,214,253

Other debtors

122,697

87,573

2,003,233

1,301,826

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

925,878

500,736

Taxation and social security

117,322

186,921

Other creditors

184,674

175,835

1,227,874

863,492