Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ambe Shop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Patel

G Patel

REGISTERED OFFICE:

8-10 Pier Parade

North Woolwich

London

E16 2LJ

REGISTERED NUMBER:

07574762 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,027

11,963

9,027

11,963

CURRENT ASSETS

Stocks

118,544

121,118

Debtors

6

10,246

16,582

Cash at bank and in hand

22,847

29,167

151,637

166,867

CREDITORS

Amounts falling due within one year

7

535,644

536,294

NET CURRENT LIABILITIES

(384,007

)

(369,427

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(374,980

)

(357,464

)

CREDITORS

Amounts falling due after more than one year

8

112,102

102,993

NET LIABILITIES

(487,082

)

(460,457

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(487,182

)

(460,557

)

(487,082

)

(460,457

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2025 and were signed on its behalf by:

Mrs C Patel - Director

1.	STATUTORY INFORMATION

Ambe Shop 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.

Going concern

After making enquires, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they adopt the going concern basis in preparing the financial statements.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

Straight line over 15 years

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 22 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

and 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Long

Plant and

Computer

leasehold

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

80,107

16,773

9,209

106,089

Additions

-

-

4,183

4,183

At 31 March 2025

80,107

16,773

13,392

110,272

DEPRECIATION

At 1 April 2024

69,420

15,764

8,942

94,126

Charge for year

5,340

252

1,527

7,119

At 31 March 2025

74,760

16,016

10,469

101,245

NET BOOK VALUE

At 31 March 2025

5,347

757

2,923

9,027

At 31 March 2024

10,687

1,009

267

11,963

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued income

8,614

10,776

Prepayments

1,632

5,806

10,246

16,582

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,124

12,000

Other loans

302,118

378,695

Trade creditors

93,110

79,727

Social security and other taxes

36,226

23,140

Other creditors

7,674

16,145

Directors' current accounts

70,391

21,586

Accrued expenses

4,001

5,001

535,644

536,294

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

12,112

12,000

Bank loans - 2-5 years

26,716

2,000

Other loans - 1-2 years

40,782

40,825

Other loans - 2-5 years

32,492

48,168

112,102

102,993