AMG CONTRACTORS LTD

AMG CONTRACTORS LTD
Contents Page
For the year ended 30 April 2025

Statement of financial position	1
Notes to the financial statements	2

AMG CONTRACTORS LTD
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	129,074	133,057
		129,074	133,057
Current assets
Debtors		69,197	82,828
Cash at bank and in hand		183,746	180,129
		252,943	262,957
Creditors: amount falling due within one year		(151,612)	(182,591)
Net current assets		101,331	80,366

Total assets less current liabilities		230,405	213,423
Creditors: amount falling due after more than one year		(74,305)	(50,705)
Net assets		156,100	162,718

Capital and reserves
Profit and loss account		156,100	162,718
Shareholders' funds		156,100	162,718

For the year ended 30 April 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 14 July 2025 and were signed by:

-------------------------------
GHAIWAL Michael Elliott
Director

1

AMG CONTRACTORS LTD
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

AMG CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 13314344, registration address 151 ANSLEY ROAD, NUNEATON, WARWICKSHIRE, CV10 8NG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	7 Straight Line
Motor Vehicles	7 Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 May 2024	93,704	51,083	144,787
Additions	-	18,983	18,983
Disposals	-	-	-
At 30 April 2025	93,704	70,066	163,770
Depreciation
At 01 May 2024	7,300	4,430	11,730
Charge for year	13,521	9,445	22,966
On disposals	-	-	-
At 30 April 2025	20,821	13,875	34,696
Net book values
Closing balance as at 30 April 2025	72,883	56,191	129,074
Opening balance as at 01 May 2024	86,404	46,653	133,057

4.

Share Capital

Authorised
10 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
10 Class A shares of £1.00 each	10		10
	10		10

2

Reports Dated : 15/07/2025	Registered Number: 13314344
England and Wales
AMG CONTRACTORS LTD

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025