REGISTERED NUMBER: SC098617 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Ams Equipment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Sloan

Mrs A Sloan

SECRETARY:

Mrs V M Sloan

REGISTERED OFFICE:

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

REGISTERED NUMBER:

SC098617 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Tangible assets

4

25,690

28,296

Investments

5

177,250

98,250

202,940

126,546

CURRENT ASSETS

Stocks

4,360

41,769

Debtors

6

306,390

184,556

Cash at bank

360,693

304,162

671,443

530,487

CREDITORS

Amounts falling due within one year

7

408,839

296,830

NET CURRENT ASSETS

262,604

233,657

TOTAL ASSETS LESS CURRENT LIABILITIES

465,544

360,203

PROVISIONS FOR LIABILITIES

720

7,074

NET ASSETS

464,824

353,129

CAPITAL AND RESERVES

Called up share capital

24

24

Capital redemption reserve

76

76

Retained earnings

464,724

353,029

464,824

353,129

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 29 April 2026 and were signed on its behalf by:

C J Sloan - Director

1.	STATUTORY INFORMATION

Ams Equipment Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

29,529

10,833

40,362

Additions

-

827

827

At 31 July 2025

29,529

11,660

41,189

DEPRECIATION

At 1 August 2024

5,611

6,455

12,066

Charge for year

2,392

1,041

3,433

At 31 July 2025

8,003

7,496

15,499

NET BOOK VALUE

At 31 July 2025

21,526

4,164

25,690

At 31 July 2024

23,918

4,378

28,296

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2024

98,250

Additions

79,000

At 31 July 2025

177,250

NET BOOK VALUE

At 31 July 2025

177,250

At 31 July 2024

98,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

296,622

171,957

VAT

3,901

6,867

Prepayments and accrued income

5,867

5,732

306,390

184,556

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

339,870

265,775

Tax

51,309

9,139

Social security and other taxes

378

-

Other creditors

276

740

Directors' current accounts

15,336

19,740

Accrued expenses

1,670

1,436

408,839

296,830