REGISTERED NUMBER: 03709854 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST JANUARY 2013

FOR

AMA PLASTICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Atkinson

R Atkinson

D L Mitchell

SECRETARY:

G Atkinson

REGISTERED OFFICE:

Wellington House

273-275 High Street

London Colney

Hertfordshire

AL2 1HA

REGISTERED NUMBER:

03709854 (England and Wales)

ACCOUNTANTS:

Newman Morris Limited

Chartered Accountants

Wellington House

273-275 High Street

London Colney

Hertfordshire

AL2 1HA

FIXED ASSETS

Tangible assets

2

4,364

5,844

CURRENT ASSETS

Stocks

17,921

15,485

Debtors

124,066

117,875

Cash in hand

458

548

142,445

133,908

CREDITORS

Amounts falling due within one year

146,604

139,399

NET CURRENT LIABILITIES

(4,159

)

(5,491

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205

353

CAPITAL AND RESERVES

Called up share capital

3

102

102

Profit and loss account

103

251

SHAREHOLDERS' FUNDS

205

353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31st October 2013 and were signed on its behalf by:

D L Mitchell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2012

and 31st January 2013

59,131

DEPRECIATION

At 1st February 2012

53,287

Charge for year

1,480

At 31st January 2013

54,767

NET BOOK VALUE

At 31st January 2013

4,364

At 31st January 2012

5,844

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

102

Ordinary

£1

102

102

4.	TRANSACTIONS WITH DIRECTORS

During the year the Directors, Mr G Atkinson, Mr R Atkinson and Mr D Mitchell, were each paid

dividends of £7,300 in respect of each of their 33.3% shareholding.