AMP Access Solutions Limited

		2016		2015
	Notes	Â£	Â£	Â£	Â£
FIXED ASSETS
Tangible Assets	2		24,318		28,316

			24,318		28,316
CURRENT ASSETS
Stocks		2,800		2,250
Debtors		121,243		145,151
Cash at bank and in hand		310,477		306,714

		434,520		454,115
Creditors: Amounts Falling Due Within One Year		(117,805 )		(179,219 )

NET CURRENT ASSETS (LIABILITIES)			316,715		274,896

TOTAL ASSETS LESS CURRENT LIABILITIES			341,033		303,212

NET ASSETS			341,033		303,212

CAPITAL AND RESERVES
Called up share capital	3		50,002		50,002
Share premium account			81,923		81,923
Profit and Loss Account			209,108		171,287

SHAREHOLDERS' FUNDS			341,033		303,212

Company No. 05414107

Abbreviated Balance Sheet (continued) 30 June 2016

For the year ending 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Paul Onslow

02/02/2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	striaght line over the life of the lease
Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

1.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2. Tangible Assets


	Total
Cost	Â£
As at 1 July 2015	150,192
Additions	3,500
Disposals	(7,862 )

As at 30 June 2016	145,830

Depreciation
As at 1 July 2015	121,876
Provided during the period	7,072
Disposals	(7,436 )

As at 30 June 2016	121,512

Net Book Value
As at 30 June 2016	24,318

As at 1 July 2015	28,316

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	Â£		Â£	Â£
Ordinary shares	1.000	50002	50,002	50,002

Page 2

AMP Access Solutions Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 June 2016

4. Transactions With and Loans to Directors

Dividends paid to directors

5. Controlling Party

The company's controlling parties are Paul Onslow and Michael Boyle by virtue of their ownership of 26% each, of the issued share capital in the company.