REGISTERED NUMBER: 03633177 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

A M P Wire Limited

Page

Report of the Directors

1

Balance Sheet

2

Notes to the Financial Statements

4

The directors present their report with the financial statements of the company for the year ended 30 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of manufacture of wire products.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2024 to the date of this report.

Mrs P Pelham

Mrs N M Mawdsley

Ms G Hopwood

Mr M Woodward

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs P Pelham - Director

3 December 2025

FIXED ASSETS

Intangible assets

4

9,700

15,024

Tangible assets

5

149,719

163,229

159,419

178,253

CURRENT ASSETS

Stocks

84,881

82,103

Debtors

6

182,047

249,715

Cash at bank and in hand

162,793

234,275

429,721

566,093

CREDITORS

Amounts falling due within one year

7

(384,520

)

(460,204

)

NET CURRENT ASSETS

45,201

105,889

TOTAL ASSETS LESS CURRENT LIABILITIES

204,620

284,142

CREDITORS

Amounts falling due after more than one year

8

(8,646

)

(57,989

)

PROVISIONS FOR LIABILITIES

(15,398

)

(23,114

)

NET ASSETS

180,576

203,039

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

180,476

202,939

SHAREHOLDERS' FUNDS

180,576

203,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 3 December 2025 and were signed on its behalf by:

Mrs P Pelham - Director

1.	STATUTORY INFORMATION

A M P Wire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03633177

Registered office:

Sun Iron Works

Ward Street

Chadderton

Oldham

OL9 9EX

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

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on despatch of the goods.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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 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 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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 May 2024

and 30 April 2025

26,621

AMORTISATION

At 1 May 2024

11,597

Amortisation for year

5,324

At 30 April 2025

16,921

NET BOOK VALUE

At 30 April 2025

9,700

At 30 April 2024

15,024

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 May 2024

76,188

46,988

28,197

Additions

2,400

2,378

1,150

At 30 April 2025

78,588

49,366

29,347

DEPRECIATION

At 1 May 2024

-

32,655

9,863

Charge for year

-

4,120

4,631

At 30 April 2025

-

36,775

14,494

NET BOOK VALUE

At 30 April 2025

78,588

12,591

14,853

At 30 April 2024

76,188

14,333

18,334

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2024

72,929

13,333

237,635

Additions

-

2,650

8,578

At 30 April 2025

72,929

15,983

246,213

DEPRECIATION

At 1 May 2024

22,651

9,237

74,406

Charge for year

12,202

1,135

22,088

At 30 April 2025

34,853

10,372

96,494

NET BOOK VALUE

At 30 April 2025

38,076

5,611

149,719

At 30 April 2024

50,278

4,096

163,229

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

Motor

vehicles

£

COST

At 1 May 2024

and 30 April 2025

71,459

DEPRECIATION

At 1 May 2024

22,651

Charge for year

12,202

At 30 April 2025

34,853

NET BOOK VALUE

At 30 April 2025

36,606

At 30 April 2024

48,808

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

147,441

221,981

Other debtors

34,606

27,734

182,047

249,715

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

39,000

36,000

Hire purchase contracts (see note 9)

10,342

12,727

Trade creditors

171,862

196,711

Taxation and social security

99,410

145,864

Other creditors

63,906

68,902

384,520

460,204

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

-

39,000

Hire purchase contracts (see note 9)

8,646

18,989

8,646

57,989

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.4.25

30.4.24

£

£

Net obligations repayable:

Within one year

10,342

12,727

Between one and five years

8,646

18,989

18,988

31,716

Non-cancellable

operating leases

30.4.25

30.4.24

£

£

Within one year

12,947

12,947

Between one and five years

10,789

23,736

23,736

36,683

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

39,000

75,000

Hire purchase contracts

18,988

31,716

57,988

106,716

Hire purchase creditors are secured on the assets to which they relate.