AMS Design & Technical Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC185391 (Scotland)

Financial Statements for the Year Ended 30 April 2020

for

AMS Design & Technical

Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Swanson

SECRETARY:

Mrs C Swanson

REGISTERED OFFICE:

Caol Argaibh

Hill of Forss

Thurso

Caithness

KW14 7XQ

REGISTERED NUMBER:

SC185391 (Scotland)

ACCOUNTANTS:

Reid & Fraser

Chartered Accountants

15 Princes Street

Thurso

Caithness

KW14 7BQ

BANKERS:

The Royal Bank of Scotland plc

Olrig Street

Thurso

Caithness

KW14 7BL

FIXED ASSETS

Tangible assets

4

118

237

CURRENT ASSETS

Debtors

5

2,520

2,800

Cash at bank

15,763

28,685

18,283

31,485

CREDITORS

Amounts falling due within one year

6

(9,992

)

(14,119

)

NET CURRENT ASSETS

8,291

17,366

TOTAL ASSETS LESS CURRENT LIABILITIES

8,409

17,603

PROVISIONS FOR LIABILITIES

(22

)

(45

)

NET ASSETS

8,387

17,558

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,287

17,458

SHAREHOLDERS' FUNDS

8,387

17,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 September 2020 and were signed by:

A M Swanson - Director

1.	STATUTORY INFORMATION

AMS Design & Technical Services Limited is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

25% straight line

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.

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 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2019

and 30 April 2020

1,754

DEPRECIATION

At 1 May 2019

1,517

Charge for year

119

At 30 April 2020

1,636

NET BOOK VALUE

At 30 April 2020

118

At 30 April 2019

237

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

2,520

2,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Taxation and social security

9,903

12,980

Other creditors

89

1,139

9,992

14,119