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Company Registration No. 03496324 (England and Wales)
AMS LIMITED Unaudited accounts for the year ended 31 December 2024
AMS LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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AMS LIMITED Company Information for the year ended 31 December 2024
Director
Azad Indurkumar Shivdasani
Company Number
03496324 (England and Wales)
Registered Office
99 Milton Keynes Business Centre, Foxhunter Drive, Linford Wood Milton Keynes MK14 6GD United Kingdom
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AMS LIMITED 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 AMS LIMITED for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of AMS LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of AMS LIMITED and state those matters that we have agreed to state to the Board of Directors of AMS LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AMS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AMS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AMS LIMITED. You consider that AMS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of AMS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Arth Limited Chartered Accountants 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD 23 September 2025
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AMS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,985 
4,815 
Current assets
Debtors
5
41,594 
44,455 
Cash at bank and in hand
6,185 
1,782 
47,779 
46,237 
Creditors: amounts falling due within one year
6
4,983 
(31,177)
Net current assets
52,762 
15,060 
Net assets
55,747 
19,875 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
55,746 
19,874 
Shareholders' funds
55,747 
19,875 
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 23 September 2025 and were signed on its behalf by
Azad Indurkumar Shivdasani Director Company Registration No. 03496324
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AMS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
AMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03496324. The registered office is 99 Milton Keynes Business Centre,, Foxhunter Drive, Linford Wood, Milton Keynes, MK14 6GD, 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.
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:
Motor vehicles
Straight Line @ 25%
Fixtures & fittings
Straight Line @ 25%
Computer equipment
Straight Line @ 33%
Going concern
The company has sufficient resources to continue as a going concern for the foreseeable future and the director believes that the company will be able to meet the liabilities as they fall due for at least twelve months from the date of approval of these financial statements.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
48,349 
3,043 
20,788 
72,180 
At 31 December 2024
48,349 
3,043 
20,788 
72,180 
Depreciation
At 1 January 2024
48,349 
3,043 
15,973 
67,365 
Charge for the year
- 
- 
1,830 
1,830 
At 31 December 2024
48,349 
3,043 
17,803 
69,195 
Net book value
At 31 December 2024
- 
- 
2,985 
2,985 
At 31 December 2023
- 
- 
4,815 
4,815 
- 6 -
AMS LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,694 
562 
Trade debtors
- 
10,000 
Accrued income and prepayments
2,349 
2,264 
Other debtors
3,894 
- 
17,937 
12,826 
Amounts falling due after more than one year
Other debtors
23,657 
31,629 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,924 
3,879 
Taxes and social security
30,967 
23,219 
Loans from directors
(48,864)
89 
Accruals
3,990 
3,990 
(4,983)
31,177 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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