AMG Consultants Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07970180

AMG Consultants Limited

Filleted Unaudited Financial Statements

31 March 2025

AMG Consultants Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

AMG Consultants Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,177	76

Current assets

Debtors	6	26,669	16,692
Cash at bank and in hand		110,909	99,821
		---------	---------
		137,578	116,513

Creditors: amounts falling due within one year	7	31,681		32,709
		---------		---------
Net current assets			105,897	83,804
			---------	--------
Total assets less current liabilities			107,074	83,880
			---------	--------
Net assets			107,074	83,880
			---------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	106,974	83,780
	---------	--------
Shareholders funds	107,074	83,880
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AMG Consultants Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 27 December 2025 , and are signed on behalf of the board by:

Dr J M F Gardner	Mrs A E Gardner
Director	Director

Company registration number: 07970180

AMG Consultants Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Revenue recognition

Revenue from the rendering of services is measured by reference to the stage of completion of the service at the end of the reporting period.

Income tax

The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2024	5,732	5,732
Additions	1,366	1,366
	-------	-------
At 31 March 2025	7,098	7,098
	-------	-------
Depreciation
At 1 April 2024	5,656	5,656
Charge for the year	265	265
	-------	-------
At 31 March 2025	5,921	5,921
	-------	-------
Carrying amount
At 31 March 2025	1,177	1,177
	-------	-------
At 31 March 2024	76	76
	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	8,858	–
Other debtors	17,811	16,692
	--------	--------
	26,669	16,692
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	446	724
Corporation tax	4,187	–
Other creditors	27,048	31,985
	--------	--------
	31,681	32,709
	--------	--------

8. Related party transactions

At the year end, the company owed the directors £25,452 (2024: £29,538).