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Registration number: 10639717

AMH Building and Renovation Ltd
Unaudited Filleted Financial Statements
for the Period from 1 March 2024 to 31 January 2025

AMH Building and Renovation Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

AMH Building and Renovation Ltd

Company Information

Director | Mr Alistair Hurst

Registered office | 27 Crescent Gardens Ivybridge Devon PL21 0BS

Accountants | Neil Wilson & Co Chartered Accountants Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

AMH Building and Renovation Ltd

(Registration number: 10639717)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 2,468 | 3,292
Current assets |  |  |
Debtors | 5 | 8,152 | 15,119
Cash at bank and in hand |  | 233 | 456
|  | 8,385 | 15,575
Creditors: Amounts falling due within one year | 6 | (10,581) | (16,509)
Net current liabilities |  | (2,196) | (934)
Net assets |  | 272 | 2,358
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | 271 | 2,357
Shareholders' funds |  | 272 | 2,358

For the financial period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 February 2025

......................................... Mr Alistair Hurst Director

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
27 Crescent Gardens
Ivybridge
Devon
PL21 0BS

These financial statements were authorised for issue by the director on 14 February 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 2).

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

4 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 March 2024 | 436 | 9,645 | 10,081
At 31 January 2025 | 436 | 9,645 | 10,081
Depreciation
At 1 March 2024 | 378 | 6,411 | 6,789
Charge for the period | 15 | 809 | 824
At 31 January 2025 | 393 | 7,220 | 7,613
Carrying amount
At 31 January 2025 | 43 | 2,425 | 2,468
At 29 February 2024 | 58 | 3,234 | 3,292

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 8,152 | 15,119
| 8,152 | 15,119

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 3,858 | 6,639
Taxation and social security |  | 5,873 | 9,015
Accruals and deferred income |  | 850 | 855
|  | 10,581 | 16,509

7 | Share capital

Allotted, called up and fully paid shares

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,858 | 6,639

9 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Final dividend of £Nil (2024 - £Nil) per ordinary share |  | - |  | -
Interim dividend of £13,500.00 (2024 - £10,000.00) per ordinary share |  | 13,500 |  | 10,000
|  | 13,500 |  | 10,000

10 | Related party transactions

Transactions with the director

2025 | At 1 March 2024 £ | Repayments by director £ | At 31 January 2025 £
Mr Alistair Hurst
Mr Alistair Hurst | 15,119 | (4,250) | 10,869

AMH Building and Renovation Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 January 2025

2024 | At 1 March 2023 £ | Advances to director £ | At 29 February 2024 £
Mr Alistair Hurst
Mr Alistair Hurst | 11,693 | 3,426 | 15,119

Director's remuneration

The director's remuneration for the period was as follows:

| 2025 £ | 2024 £
Remuneration | 12,570 | 12,570

Dividends paid to the director

|  | 2025 £ |  | 2024 £
Mr Alistair Hurst |  |  |  |
Paid |  | 13,500 |  | 10,000