REGISTERED NUMBER: 07546073 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 31 MARCH 2025

FOR

AMS CONTRACTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Strange

A M Strange

REGISTERED OFFICE:

The Granary

Hundredsteddle Lane

Somerley

Chichester

West Sussex

PO20 7BL

REGISTERED NUMBER:

07546073 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Tangible assets

4

680,501

646,852

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

5

424,629

449,879

Cash at bank

32,960

150,251

460,089

602,630

CREDITORS

Amounts falling due within one year

6

231,599

354,741

NET CURRENT ASSETS

228,490

247,889

TOTAL ASSETS LESS CURRENT LIABILITIES

908,991

894,741

CREDITORS

Amounts falling due after more than one year

7

(61,785

)

(92,172

)

PROVISIONS FOR LIABILITIES

(163,207

)

(155,466

)

NET ASSETS

683,999

647,103

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

683,899

647,003

683,999

647,103

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

The members have not required the company to obtain an audit of its financial statements for the period 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 16 December 2025 and were signed on its behalf by:

A M Strange - Director

1.	STATUTORY INFORMATION

AMS Contracting 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.

The presentational currency of the financial statements is Pound Sterling (£) which is rounded to the nearest Pound(£).

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 comprises the agreed fees, plus any additional variations, and is recognised over the period that the service relates to. The revenue is recognised when it is probable that the company will receive the consideration due under the transaction.

Tangible fixed assets

Tangible fixed assets held for the company’s own use are stated at cost less accumulated depreciation and accumulated impairment losses

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

- 20% on reducing balance

Motor vehicles

- 25% on reducing balance

Fixtures & fittings

- 25% on reducing balance

Computer equipment

- 25% straight line

Leasehold improvements

- 5% straight line

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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 period 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 period 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.

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.

Financial instruments

Financial instruments are classified by the directors as basic or advanced following the conditions in FRS102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

1,244,994

Additions

128,323

At 31 March 2025

1,373,317

DEPRECIATION

At 1 August 2024

598,142

Charge for period

94,674

At 31 March 2025

692,816

NET BOOK VALUE

At 31 March 2025

680,501

At 31 July 2024

646,852

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 August 2024

639,634

Additions

51,500

At 31 March 2025

691,134

DEPRECIATION

At 1 August 2024

264,019

Charge for period

54,757

At 31 March 2025

318,776

NET BOOK VALUE

At 31 March 2025

372,358

At 31 July 2024

375,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,369

232,357

Other debtors

369,260

217,522

424,629

449,879

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,425

26,317

Hire purchase contracts

60,608

70,709

Trade creditors

73,642

80,626

Taxation and social security

65,643

159,682

Other creditors

21,281

17,407

231,599

354,741

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,532

10,510

Hire purchase contracts

58,253

81,662

61,785

92,172

The balances under hire purchase contracts are secured on the assets concerned.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period the company made advances to the directors totalling £142,946 (2024 - £219,429) and the directors made repayments of £NIL (2024 - £171,563). At the balance sheet date, directors owed the company £334,946 (2024 - £192,000).

Interest has been charged on the above loan at 2.25%. There are no fixed terms for repayment.

9.	RELATED PARTY DISCLOSURES

The immediate and ultimate parent undertaking is AMS Plant Limited. The registered office of AMS Plant Limited is The Granary, Hundredsteddle Lane, Birdham, Chichester, West Sussex, PO20 7BL.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.