REGISTERED NUMBER: 02187536 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AMA (STORAGE AND DISTRIBUTION) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A C Skinner

Mr J M Cox

SECRETARY:

Mr J M Cox

REGISTERED OFFICE:

Rawmarsh Rd

Rotherham

South Yorks

S60 1RZ

REGISTERED NUMBER:

02187536 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Property, plant and equipment

4

88,860

108,236

CURRENT ASSETS

Debtors

5

1,167,864

1,080,053

Cash at bank and in hand

27,491

106,239

1,195,355

1,186,292

CREDITORS

Amounts falling due within one year

6

(377,319

)

(429,691

)

NET CURRENT ASSETS

818,036

756,601

TOTAL ASSETS LESS CURRENT LIABILITIES

906,896

864,837

CREDITORS

Amounts falling due after more than one year

7

(47,501

)

(101,699

)

PROVISIONS FOR LIABILITIES

10

(16,148

)

(19,063

)

NET ASSETS

843,247

744,075

CAPITAL AND RESERVES

Called up share capital

11

417,917

417,917

Retained earnings

425,330

326,158

SHAREHOLDERS' FUNDS

843,247

744,075

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr A C Skinner - Director

1.	STATUTORY INFORMATION

Ama (Storage And Distribution) 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

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 20% on cost and 15% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 - 15 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

736,106

Additions

12,345

Disposals

(85,630

)

At 31 December 2024

662,821

DEPRECIATION

At 1 January 2024

627,870

Charge for year

28,757

Eliminated on disposal

(82,666

)

At 31 December 2024

573,961

NET BOOK VALUE

At 31 December 2024

88,860

At 31 December 2023

108,236

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

11,430

Transfer to ownership

(11,430

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

10,884

Charge for year

351

Transfer to ownership

(11,235

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

546

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

440,094

509,537

Other debtors

150,903

-

Sheffield Precision Balance

434,243

434,243

Directors' current accounts

100,021

99,935

Prepayments and accrued income

42,603

36,338

1,167,864

1,080,053

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

52,079

35,883

Finance leases (see note 8)

-

229

Trade creditors

107,117

137,155

Tax

79,743

121,437

Social security and other taxes

17,542

13,176

VAT

50,815

58,486

Other creditors

-

57,234

Accrued expenses

70,023

6,091

377,319

429,691

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

47,501

36,000

Bank loans - 2-5 years

-

65,699

47,501

101,699

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

2024

2023

£

£

Net obligations repayable:

Within one year

-

229

Non-cancellable

operating leases

2024

2023

£

£

Within one year

105,199

105,199

Between one and five years

420,797

420,797

In more than five years

797,761

902,960

1,323,757

1,428,956

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Finance leases

-

229

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

16,148

19,063

Deferred

tax

£

Balance at 1 January 2024

19,063

Provided during year

(2,915

)

Balance at 31 December 2024

16,148

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

417,817

Ordinary B

£1

417,817

417,817

417,917

417,917

12.	RELATED PARTY DISCLOSURES

The company is under the common control of the directors, who are also directors of Revert Alloys and Metals Ltd and ASJC Enterprises Ltd. At the financial year end Revert Alloys and Metals Ltd owed the company £125,487 (2023 was owed by AMA : £57,234) and ASJC Enterprises Ltd owed the company £25,317 (2023:£Nil).