AM2PM Quality Care Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10856445 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

AM2PM Quality Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Anand Duddella

Mrs Soumya Chilappagari

Mrs Malaya Serafica

Mrs Gauri Tare

Registered office:

8 Elm Gardens

Mitcham

CR4 1LY

Registered number:

10856445 (England and Wales)

Accountants:

KAMP Accountants Limited

Marhsall House, Suite 21/25

124 Middleton Road

Morden

Surrey

SM4 6RW

Fixed assets

Tangible assets

4

3,094

4,125

Current assets

Debtors

5

237,597

1,628

Cash at bank

294,854

124,186

532,451

125,814

Creditors

Amounts falling due within one year

6

(303,297

)

(45,267

)

Net current assets

229,154

80,547

Total assets less current liabilities

232,248

84,672

Creditors

Amounts falling due after more than one year

7

(50,000

)

(53,069

)

Net assets

182,248

31,603

Capital and reserves

Called up share capital

100

100

Retained earnings

182,148

31,503

Shareholders' funds

182,248

31,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 5 August 2020 and were signed on its behalf by:

Anand Duddella - Director

Mrs Soumya Chilappagari - Director

Mrs Malaya Serafica - Director

Mrs Gauri Tare - Director

1.	Statutory information

AM2PM Quality Care 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.

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 50 (2019 - 35 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 August 2019

and 31 July 2020

5,500

Depreciation

At 1 August 2019

1,375

Charge for year

1,031

At 31 July 2020

2,406

Net book value

At 31 July 2020

3,094

At 31 July 2019

4,125

5.

Debtors: amounts falling due within one year

31.7.20

31.7.19

£

£

Trade debtors

1,628

1,628

Other debtors

235,969

-

237,597

1,628

6.

Creditors: amounts falling due within one year

31.7.20

31.7.19

£

£

Trade creditors

203,070

1

Taxation and social security

80,317

25,356

Other creditors

19,910

19,910

303,297

45,267

7.

Creditors: amounts falling due after more than one year

31.7.20

31.7.19

£

£

Bank loans

50,000

-

Other creditors

-

53,069

50,000

53,069