IRIS Accounts Production v26.1.10.61 04152267 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04152267 2024-12-31 04152267 2025-12-31 04152267 2025-01-01 2025-12-31 04152267 2023-12-31 04152267 2024-01-01 2024-12-31 04152267 2024-12-31 04152267 ns15:EnglandWales 2025-01-01 2025-12-31 04152267 ns14:PoundSterling 2025-01-01 2025-12-31 04152267 ns10:Director1 2025-01-01 2025-12-31 04152267 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04152267 ns10:SmallEntities 2025-01-01 2025-12-31 04152267 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04152267 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 04152267 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04152267 ns10:FullAccounts 2025-01-01 2025-12-31 04152267 1 2025-01-01 2025-12-31 04152267 ns10:Director2 2025-01-01 2025-12-31 04152267 ns10:RegisteredOffice 2025-01-01 2025-12-31 04152267 ns5:CurrentFinancialInstruments 2025-12-31 04152267 ns5:CurrentFinancialInstruments 2024-12-31 04152267 ns5:Non-currentFinancialInstruments 2025-12-31 04152267 ns5:Non-currentFinancialInstruments 2024-12-31 04152267 ns5:ShareCapital 2025-12-31 04152267 ns5:ShareCapital 2024-12-31 04152267 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 04152267 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04152267 ns5:NetGoodwill 2025-01-01 2025-12-31 04152267 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 04152267 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-01-01 2025-12-31 04152267 ns5:PlantMachinery 2025-01-01 2025-12-31 04152267 ns5:ComputerEquipment 2025-01-01 2025-12-31 04152267 ns5:NetGoodwill 2024-12-31 04152267 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 04152267 ns5:NetGoodwill 2025-12-31 04152267 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-12-31 04152267 ns5:NetGoodwill 2024-12-31 04152267 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 04152267 ns5:PlantMachinery 2024-12-31 04152267 ns5:ComputerEquipment 2024-12-31 04152267 ns5:PlantMachinery 2025-12-31 04152267 ns5:ComputerEquipment 2025-12-31 04152267 ns5:PlantMachinery 2024-12-31 04152267 ns5:ComputerEquipment 2024-12-31 04152267 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 04152267 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-01-01 2025-12-31 04152267 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-12-31 04152267 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 04152267 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 04152267 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 04152267 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 04152267 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 04152267 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 04152267 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 04152267 ns5:HirePurchaseContracts 2025-12-31 04152267 ns5:HirePurchaseContracts 2024-12-31 04152267 ns5:WithinOneYear 2025-12-31 04152267 ns5:WithinOneYear 2024-12-31 04152267 ns5:BetweenOneFiveYears 2025-12-31 04152267 ns5:BetweenOneFiveYears 2024-12-31 04152267 ns5:MoreThanFiveYears 2025-12-31 04152267 ns5:MoreThanFiveYears 2024-12-31 04152267 ns5:AllPeriods 2025-12-31 04152267 ns5:AllPeriods 2024-12-31

REGISTERED NUMBER: 04152267 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Asset Management Services (UK) Ltd

Asset Management Services (UK) Ltd (Registered number: 04152267)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Asset Management Services (UK) Ltd

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | R York

| L Baldwin

| REGISTERED OFFICE: | AMS Gloucester Auction Centre

| Bristol Road

| Gloucester

| GL2 5DD

| REGISTERED NUMBER: | 04152267 (England and Wales)

| ACCOUNTANTS: | HATS Gloucester Ltd

| 48 Hucclecote Road

| Gloucester

| Gloucestershire

| GL3 3RS

| BANKERS: | Lloyds Bank

| Rotunda

| Montpellier

| Cheltenham

| Gloucestershire

| GL50 1SH

Asset Management Services (UK) Ltd (Registered number: 04152267)

Statement of Financial Position

31 December 2025

| 31/12/25 | 31/12/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 172,266 |  | 183,254 |  |

172,266 |  | 183,254 |  |

CURRENT ASSETS

Stocks | 168,995 |  | 150,499 |  |

Debtors | 6 | 50,313 |  | 63,343 |  |

Cash at bank and in hand | 43,464 |  | 285,965 |  |

262,772 |  | 499,807 |  |

CREDITORS

Amounts falling due within one year | 7 | 261,589 |  | 408,893 |  |

NET CURRENT ASSETS | 1,183 |  | 90,914 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 173,449 |  | 274,168 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (30,842 | ) | (54,267 | ) |

PROVISIONS FOR LIABILITIES | (43,066 | ) | (45,813 | ) |

NET ASSETS | 99,541 |  | 174,088 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 99,341 |  | 173,888 |  |

SHAREHOLDERS' FUNDS | 99,541 |  | 174,088 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Asset Management Services (UK) Ltd (Registered number: 04152267)

Statement of Financial Position - continued

31 December 2025

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 2 July 2026 and were signed on its behalf by:

R York - Director

Asset Management Services (UK) Ltd (Registered number: 04152267)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Asset Management Services (UK) Ltd 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.

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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2001 has been amortised evenly over its estimated useful life of ten years.

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of nil 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

| Computer equipment | - | 25% on reducing balance

| 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.

| 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 statement of financial position date.

Asset Management Services (UK) Ltd (Registered number: 04152267)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 15 (2024 - 16 ) .

4. | INTANGIBLE FIXED ASSETS

| Patents |

| and |

| Goodwill |  | licences |  | Totals

£ | £ | £ |

| Cost

| At 1 January 2025

| and 31 December 2025 | 3,000 |  | 1,550 |  | 4,550 |  |

| Amortisation

| At 1 January 2025

| and 31 December 2025 | 3,000 |  | 1,550 |  | 4,550 |  |

| Net book value

| At 31 December 2025 | - |  | - |  | - |  |

| At 31 December 2024 | - |  | - |  | - |  |

Asset Management Services (UK) Ltd (Registered number: 04152267)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| Cost

| At 1 January 2025 | 362,875 |  | 154,327 |  | 517,202 |  |

| Additions | 42,925 |  | 3,229 |  | 46,154 |  |

| At 31 December 2025 | 405,800 |  | 157,556 |  | 563,356 |  |

| Depreciation

| At 1 January 2025 | 214,568 |  | 119,380 |  | 333,948 |  |

| Charge for year | 47,598 |  | 9,544 |  | 57,142 |  |

| At 31 December 2025 | 262,166 |  | 128,924 |  | 391,090 |  |

| Net book value

| At 31 December 2025 | 143,634 |  | 28,632 |  | 172,266 |  |

| At 31 December 2024 | 148,307 |  | 34,947 |  | 183,254 |  |

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

| Plant and

| machinery

£ |

| Cost

| At 1 January 2025 | 168,218 |  |

| Additions | 11,000 |  |

| Transfer to ownership | (19,682 | ) |

| At 31 December 2025 | 159,536 |  |

| Depreciation

| At 1 January 2025 | 74,550 |  |

| Charge for year | 23,150 |  |

| Transfer to ownership | (7,615 | ) |

| At 31 December 2025 | 90,085 |  |

| Net book value

| At 31 December 2025 | 69,451 |  |

| At 31 December 2024 | 93,668 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Trade debtors | 36,829 |  | 52,800 |  |

| Other debtors | 13,484 |  | 10,543 |  |

50,313 |  | 63,343 |  |

Asset Management Services (UK) Ltd (Registered number: 04152267)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Hire purchase contracts (see note 9) | 30,926 |  | 33,289 |  |

| Trade creditors | 146,183 |  | 114,258 |  |

| Amounts owed to group undertakings | - |  | 50,945 |  |

| Taxation and social security | 62,060 |  | 176,462 |  |

| Other creditors | 22,420 |  | 33,939 |  |

261,589 |  | 408,893 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Hire purchase contracts (see note 9) | 30,842 |  | 54,267 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31/12/25 |  | 31/12/24 |

£ | £ |

| Net obligations repayable:

| Within one year | 30,926 |  | 33,289 |  |

| Between one and five years | 30,842 |  | 54,267 |  |

61,768 |  | 87,556 |  |

| Non-cancellable |

| operating leases |

| 31/12/25 |  | 31/12/24

£ | £ |

| Within one year | 154,905 |  | 159,487 |  |

| Between one and five years | 380,934 |  | 534,938 |  |

| In more than five years | 4,725 |  | 5,625 |  |

540,564 |  | 700,050 |  |

10. | CONTINGENT LIABILITIES

| An Omnibus Guarantee & Set-Off Agreement is in force between Asset Management Services (UK) Ltd, AMS Holdings (Investments) Ltd and Lloyds Bank PLC, containing a fixed charge and negative pledge.

11. | RELATED PARTY DISCLOSURES

| AMS Holdings (Investments) Ltd

| The company's parent company

| At 31 December 2025 Asset Management Services (UK) Ltd owed £0 (2024 - £50,945) to the above parent company . The balance is interest free with no fixed repayment terms.

Asset Management Services (UK) Ltd (Registered number: 04152267)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is AMS Holdings (Investments) Ltd.

| The company is controlled by AMS Holdings (Investments) Ltd, a company controlled by the Director R York. AMS Holdings (Investments) Ltd, which shares the same registered office as Asset Management Services (UK) Ltd, has taken the option under Section 399(2A) of the Companies Act 2006 not to prepare consolidated financial statements.