Company Registration No. 5037840 (England and Wales)
AS&MS AGENCY LIMITED
Unaudited accounts
for the year ended 31 March 2025
AS&MS AGENCY LIMITED
Unaudited accounts
Contents
AS&MS AGENCY LIMITED
Company Information
for the year ended 31 March 2025
Director
Mr Anthony Schneikert
Secretary
Mr Michael Schneikert
Company Number
5037840 (England and Wales)
Registered Office
3 Friends Walk
Saffron Walden
Essex
CB11 4EA
AS&MS AGENCY LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
10,510
15,883
Inventories
352,938
555,103
Cash at bank and in hand
299,649
352,957
Creditors: amounts falling due within one year
(549,063)
(782,352)
Net current assets
103,524
128,987
Total assets less current liabilities
114,034
144,870
Creditors: amounts falling due after more than one year
(10,792)
(14,763)
Net assets
103,242
130,107
Called up share capital
100
100
Profit and loss account
103,142
130,007
Shareholders' funds
103,242
130,107
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. 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 27 November 2025 and were signed on its behalf by
Mr Anthony Schneikert
Director
Company Registration No. 5037840
AS&MS AGENCY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
AS&MS AGENCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5037840. The registered office is 3 Friends Walk, Saffron Walden, Essex, CB11 4EA.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
Motor vehicles
25% on cost
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
AS&MS AGENCY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
9,179
27,352
27,534
64,065
At 31 March 2025
9,179
27,352
27,534
64,065
At 1 April 2024
9,178
11,471
27,533
48,182
Charge for the year
-
5,373
-
5,373
At 31 March 2025
9,178
16,844
27,533
53,555
At 31 March 2025
1
10,508
1
10,510
At 31 March 2024
1
15,881
1
15,883
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,971
3,463
Trade creditors
92,616
64,747
Amounts owed to group undertakings and other participating interests
196,229
356,094
Taxes and social security
8,130
8,949
Other creditors
3,403
3,306
Deferred income
72,277
42,592
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
10,792
14,763
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
AS&MS AGENCY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).