AMP Access Solutions Limited

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 05414107

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	7		18,858		24,318

			18,858		24,318
CURRENT ASSETS
Stocks	8	2,500		2,800
Debtors	9	80,132		121,243
Cash at bank and in hand		196,283		310,477

		278,915		434,520
Creditors: Amounts Falling Due Within One Year	10	(84,483 )		(117,805 )

NET CURRENT ASSETS (LIABILITIES)			194,432		316,715

TOTAL ASSETS LESS CURRENT LIABILITIES			213,290		341,033

NET ASSETS			213,290		341,033

CAPITAL AND RESERVES
Called up share capital	11		50,002		50,002
Share premium account			81,923		81,923
Profit and loss account			81,365		209,108

SHAREHOLDERS' FUNDS			213,290		341,033

Page 1

Balance Sheet (continued)

As at 30 June 2017

For the year ending 30 June 2017 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 accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr Paul Onslow

06/10/2017

	Share Capital	Share Premium	Profit & Loss Account	Total
	£	£	£	£
As at 1 July 2015	50,002	81,923	171,287	303,212
Profit for the year and total comprehensive income	-	-	197,821	197,821

Dividends paid	-	-	(160,000)	(160,000)

As at 30 June 2016 and 1 July 2016	50,002	81,923	209,108	341,033


Profit for the year and total comprehensive income	-	-	52,257	52,257

Dividends paid	-	-	(180,000)	(180,000)

As at 30 June 2017	50,002	81,923	81,365	213,290

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.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

7. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 July 2016	7,290	85,324	47,580	5,636	145,830

As at 30 June 2017	7,290	85,324	47,580	5,636	145,830

Depreciation
As at 1 July 2016	7,290	72,948	36,163	5,111	121,512
Provided during the period	-	2,495	2,856	109	5,460

As at 30 June 2017	7,290	75,443	39,019	5,220	126,972

Net Book Value
As at 30 June 2017	-	9,881	8,561	416	18,858

As at 1 July 2016	-	12,376	11,417	525	24,318

Page 4

AMP Access Solutions Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 30 June 2017

8. Stocks

	2017	2016
	£	£
Stock - materials	2,500	2,800

	2,500	2,800

9. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	74,927	79,658
Prepayments and accrued income	4,294	39,873
Other debtors	1,716	(2,792 )
Deferred tax current asset	(5,448 )	(6,188 )
Other taxes and social security	4,643	10,692

	80,132	121,243

10. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	27,749	28,716
Corporation tax	14,944	51,980
VAT	14,905	18,824
Other creditors	1,535	(8,664 )
Accruals and deferred income	25,350	26,949

	84,483	117,805

11. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1	50002	50,002	50,002

12. Transactions With and Loans to Directors

Dividends paid to directors

Page 5

AMP Access Solutions Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 30 June 2017

13. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	180,000	160,000

	180,000	160,000

14. 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.

15. General Information

AMP Access Solutions Limited Registered number 05414107 is a limited by shares company incorporated in England & Wales. The Registered Office is 156 Bridgwater Road, Bathpool, Taunton, TA2 8BP.