Company Registration No. NI645238 (Northern Ireland)
Amax Holdings Limited
Unaudited accounts
for the year ended 30 September 2025
Amax Holdings Limited
Statement of financial position
as at 30 September 2025
Tangible assets
20,573
81,250
Cash at bank and in hand
25,775
33,188
Creditors: amounts falling due within one year
(380,749)
(584,855)
Net current liabilities
(344,821)
(475,509)
Net liabilities
(266,748)
(354,259)
Called up share capital
2
2
Profit and loss account
(266,750)
(354,261)
Shareholders' funds
(266,748)
(354,259)
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 June 2026 and were signed on its behalf by
Andrew Maxwell
Director
Company Registration No. NI645238
Amax Holdings Limited
Notes to the Accounts
for the year ended 30 September 2025
Amax Holdings Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI645238. The registered office is Unit 2 Channel Wharf , 21 Old Channel Road, Belfast, BT3 9DE, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from consultancy services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The director believes that AMAX Holdings Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. The continued use of the going concern basis is supported by the company's ability to generate current operating cash flows and existing credible forecasts showing a return of profitability, despite the company currently being in an insolvent position.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Computer equipment
15% Straight Line
Investments are included at cost less provision for diminution in value.
Amax Holdings Limited
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2024
138,485
-
138,485
Disposals
(106,349)
-
(106,349)
At 30 September 2025
32,136
2,083
34,219
At 1 October 2024
57,235
-
57,235
Charge for the year
-
260
260
On disposals
(43,849)
-
(43,849)
At 30 September 2025
13,386
260
13,646
At 30 September 2025
18,750
1,823
20,573
At 30 September 2024
81,250
-
81,250
5
Investments
Other investments
Valuation at 1 October 2024
40,000
Valuation at 30 September 2025
57,500
Amounts falling due within one year
Trade debtors
9,600
75,000
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
11,024
3,640
Other creditors
111,213
112,734
Loans from directors
257,212
453,420
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Amax Holdings Limited
Notes to the Accounts
for the year ended 30 September 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 0).