Ammax Ltd - Filleted accounts

Registered number

07865474

Ammax Ltd

Filleted Accounts

30 November 2024

Ammax Ltd
Registered number:		07865474
Balance Sheet
as at 30 November 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		441,785			527,517

Current assets
Debtors	4	567,548			484,548
Cash at bank and in hand		151,937			145,329
		719,485			629,877

Creditors: amounts falling due within one year	5	(560,533)			(387,874)

Net current assets			158,952			242,003

Total assets less current liabilities			600,737			769,520

Creditors: amounts falling due after more than one year	6		(44,092)			(99,595)



Net assets			556,645			669,925

Capital and reserves
Called up share capital			100			100
Profit and loss account			556,545			669,825

Shareholder's funds			556,645			669,925

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Alex Jones
Director
Approved by the board on 8 October 2025

Ammax Ltd
Notes to the Accounts
for the year ended 30 November 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	25% Reducing balance
	Fixtures, fittings, tools and equipment	25% Reducing balance
	Vehicles	25% Reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			35		30


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2023	329,904		657,215		987,119
	Additions	29,336		193,667		223,003
	Disposals	-		(231,351)		(231,351)
	At 30 November 2024	359,240		619,531		978,771

	Depreciation
	At 1 December 2023	121,644		337,958		459,602
	Charge for the year	59,400		59,725		119,125
	On disposals	-		(41,741)		(41,741)
	At 30 November 2024	181,044		355,942		536,986

	Net book value
	At 30 November 2024	178,196		263,589		441,785
	At 30 November 2023	208,260		319,257		527,517


4	Debtors			2024		2023
£					£

	Trade debtors			567,548		484,548


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			-		82,959
	Obligations under finance lease and hire purchase contracts			200,267		109,800
	Trade creditors			180,659		188,531
	Taxation and social security costs			169,822		(16,159)
	Other creditors			9,785		22,743
				560,533		387,874


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			173,640		118,508
	Obligations under finance lease and hire purchase contracts			146,642		65,187
	Other creditors			(276,190)		(84,100)
				44,092		99,595


7	Other information

	Ammax Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	10 Harmer Street
	Gravesend
	Kent
	DA12 2AX