Company Registration No. 08138205 (England and Wales)
Accident Management Centre (Wales) Limited
Unaudited accounts
for the year ended 31 July 2020
Accident Management Centre (Wales) Limited
Unaudited accounts
Contents
Accident Management Centre (Wales) Limited
Company Information
for the year ended 31 July 2020
Director
Mr Christopher Pearce
Company Number
08138205 (England and Wales)
Registered Office
Unit 3A
Cwmdraw Industrial Estate
Ebbw Vale
Gwent
NP23 5AE
Accountants
XAU Accountancy
41 Brynglas
Hollybush
Cwmbran
Torfaen
NP44 7LH
Accident Management Centre (Wales) Limited
Statement of financial position
as at 31 July 2020
Tangible assets
8,985
12,383
Creditors: amounts falling due within one year
(50,243)
(111,501)
Net current assets
36,466
30,296
Total assets less current liabilities
45,451
42,679
Creditors: amounts falling due after more than one year
(54,306)
(26,809)
Net (liabilities)/assets
(8,855)
15,870
Called up share capital
100
100
Profit and loss account
(8,955)
15,770
Shareholders' funds
(8,855)
15,870
For the year ending 31 July 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 August 2020 and were signed on its behalf by
Mr Christopher Pearce
Director
Company Registration No. 08138205
Accident Management Centre (Wales) Limited
Notes to the Accounts
for the year ended 31 July 2020
Accident Management Centre (Wales) Limited is a private company, limited by shares, registered in England and Wales, registration number 08138205. The registered office is Unit 3A, Cwmdraw Industrial Estate, Ebbw Vale, Gwent, NP23 5AE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight LIne
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Accident Management Centre (Wales) Limited
Notes to the Accounts
for the year ended 31 July 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2019
8,050
12,040
5,411
25,501
At 31 July 2020
8,050
12,040
5,411
25,501
At 1 August 2019
3,137
4,570
5,411
13,118
Charge for the year
388
3,010
-
3,398
At 31 July 2020
3,525
7,580
5,411
16,516
At 31 July 2020
4,525
4,460
-
8,985
At 31 July 2019
4,913
7,470
-
12,383
Raw materials
34,000
54,797
Trade debtors
52,709
87,000
8
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
9,404
18,840
Obligations under finance leases and hire purchase contracts
14,966
23,747
Taxes and social security
9,094
13,139
Other creditors
536
20,190
Loans from directors
11,993
31,685
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Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
19,306
26,809
Accident Management Centre (Wales) Limited
Notes to the Accounts
for the year ended 31 July 2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
31,685
-
19,692
11,993
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Average number of employees
During the year the average number of employees was 3 (2019: 6).
