AMP Access Solutions Limited

		2015		2014
	Notes	Â£	Â£	Â£	Â£
FIXED ASSETS
Tangible Assets	2		28,316		36,466

			28,316		36,466
CURRENT ASSETS
Stocks		2,250		2,500
Debtors		145,151		62,785
Cash at bank and in hand		306,714		235,573

		454,115		300,858
Creditors: Amounts Falling Due Within One Year		(179,219)		(127,701)

NET CURRENT ASSETS (LIABILITIES)			274,896		173,157

TOTAL ASSETS LESS CURRENT LIABILITIES			303,212		209,623

NET ASSETS			303,212		209,623

CAPITAL AND RESERVES
Called up share capital	3		50,002		50,002
Share premium account			81,923		81,923
Profit and Loss Account			171,287		77,698

SHAREHOLDERS' FUNDS			303,212		209,623

Page 1

Company No. 05414107

Abbreviated Balance Sheet (continued) 30 June 2015

For the year ending 30 June 2015 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 2008).

On behalf of the board

Mr Paul Onslow

16/12/2015

Accounting Policies

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 April 2008).

Turnover

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

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

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.

Tangible Assets


	Total
Cost	Â£
As at 1 July 2014	150,192

As at 30 June 2015	150,192

Depreciation
As at 1 July 2014	113,726
Provided during the period	8,150

As at 30 June 2015	121,876

Net Book Value
As at 30 June 2015	28,316

As at 1 July 2014	36,466

Share Capital

	Value	Number	2015	2014
Allotted and called up	Â£		Â£	Â£
Ordinary shares	1.000	50002	50,002	50,002

Transactions With and Loans to Directors

Page 3

AMP Access Solutions Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 June 2015

Dividends paid to directors