AM Surveys Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05674599 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

AM SURVEYS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A F C Morrison

Mrs C A Morrison

SECRETARY:

Mrs C A Morrison

REGISTERED OFFICE:

22 King Street

Southwell

Newark

Nottinghamshire

NG25 0EN

REGISTERED NUMBER:

05674599 (England and Wales)

ACCOUNTANTS:

Langham Carter

1 Darwin Court Darwin Drive

Sherwood Energy Village

New Ollerton

Newark

Nottinghamshire

NG22 9FE

FIXED ASSETS

6,214

Tangible assets

4

5,282

CURRENT ASSETS

2,623

Debtors

5

34,819

11,369

Cash at bank

12,158

13,992

46,977

CREDITORS

6,394

Amounts falling due within one year

6

13,806

7,598

NET CURRENT ASSETS

33,171

13,812

TOTAL ASSETS LESS CURRENT LIABILITIES

38,453

CAPITAL AND RESERVES

600

Called up share capital

600

13,212

Retained earnings

37,853

13,812

SHAREHOLDERS' FUNDS

38,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2019 and were signed on its behalf by:

A F C Morrison - Director

1.	STATUTORY INFORMATION

AM Surveys Limited is a private company, limited by shares , registered in England and Wales. The 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

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

-

15% on reducing balance

Computer equipment

-

25% on cost

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 or deferred taxation assets and liabilities are not discounted.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Totals

fittings

equipment

£

£

£

COST

At 1 May 2018

and 30 April 2019

29,798

15,405

14,393

DEPRECIATION

At 1 May 2018

23,584

9,191

14,393

Charge for year

932

932

-

At 30 April 2019

24,516

10,123

14,393

NET BOOK VALUE

At 30 April 2019

5,282

5,282

-

At 30 April 2018

6,214

6,214

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

12,269

2,623

Other debtors

22,550

-

34,819

2,623

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Tax

6,841

2,468

Social security and other taxes

4,212

1,173

Other creditors

2,208

2,208

Accrued expenses

545

545

13,806

6,394