REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2017 |
for |
AMS Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2017 |
for |
AMS Limited |
AMS Limited (Registered number: 03496324) |
Contents of the Financial Statements |
for the Year Ended 31 December 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
AMS Limited |
Company Information |
for the Year Ended 31 December 2017 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
10A-12A High Street |
East Grinstead |
West Sussex |
RH19 3AW |
AMS Limited (Registered number: 03496324) |
Balance Sheet |
31 December 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
AMS Limited (Registered number: 03496324) |
Balance Sheet - continued |
31 December 2017 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director on |
AMS Limited (Registered number: 03496324) |
Notes to the Financial Statements |
for the Year Ended 31 December 2017 |
1. | STATUTORY INFORMATION |
AMS Limited is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Motor vehicles | - |
Computer equipment | - |
Pension costs and other post-retirement benefits |
The company does not have its own pension scheme but makes contributions into its employees |
personal pension scheme. These contributions are charged to the profit and loss account when paid. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
AMS Limited (Registered number: 03496324) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
4. | TANGIBLE FIXED ASSETS |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 January 2017 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for year |
At 31 December 2017 |
NET BOOK VALUE |
At 31 December 2017 |
At 31 December 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
Recharges | 18,221 | 7,451 |
VAT |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Social security and other taxes |
Directors' current accounts | 63,376 | 27,187 |
Accrued expenses |
AMS Limited (Registered number: 03496324) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2017 | 2016 |
£ | £ |
Hire purchase contracts |
8. | RELATED PARTY DISCLOSURES |
Lakshmi Shivdasani, mother of the director |
At the start of the year L Shivdasani owed the company £7,451 in respect of expenses paid on her |
behalf by the company. During the year the company incurred further expenses on her behalf of |
£10,770. At the year end she owed the company £18,221. This is included in debtors in the accounts. |