AM Personal Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05501209 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2018

for

AM Personal Management Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

4,017

5,019

CURRENT ASSETS

Debtors

5

348

995

Cash at bank and in hand

183,214

161,910

183,562

162,905

CREDITORS

Amounts falling due within one year

6

76,429

49,218

NET CURRENT ASSETS

107,133

113,687

TOTAL ASSETS LESS CURRENT LIABILITIES

111,150

118,706

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

111,050

118,606

SHAREHOLDERS' FUNDS

111,150

118,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 29 April 2019 and were signed by:

Ms A McAllister - Director

1.	STATUTORY INFORMATION

AM Personal Management Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address are as below:

Registered number:

05501209

Registered office:

Flat 7, Richmond Mansions

Old Brompton Road

London

SW5 9HL

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

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

Fixtures and fittings

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it

relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2017

26,642

Additions

779

At 31 July 2018

27,421

DEPRECIATION

At 1 August 2017

21,623

Charge for year

1,781

At 31 July 2018

23,404

NET BOOK VALUE

At 31 July 2018

4,017

At 31 July 2017

5,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

348

995

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

2

10,604

Taxation and social security

23,552

26,624

Other creditors

52,875

11,990

76,429

49,218

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms A McAllister.