AMS 2856 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06034890 (England and Wales)

AMS 2856 Limited

Unaudited Financial Statements

for the Period 1 January 2019 to 31 March 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P M Gowling

REGISTERED OFFICE:

Delta 606

Welton Road

Swindon

SN5 7XF

REGISTERED NUMBER:

06034890 (England and Wales)

ACCOUNTANTS:

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Tangible assets

4

-

1

CURRENT ASSETS

Debtors

5

4,347

2

Cash at bank

-

4,797

4,347

4,799

CREDITORS

Amounts falling due within one year

6

(2,886

)

(5,013

)

NET CURRENT ASSETS/(LIABILITIES)

1,461

(214

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,461

(213

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

1,459

(215

)

SHAREHOLDERS' FUNDS

1,461

(213

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 December 2020 and were signed by:

Mr P M Gowling - Director

1.	STATUTORY INFORMATION

AMS 2856 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.

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2019

1,149

Disposals

(1,149

)

At 31 March 2020

-

DEPRECIATION

At 1 January 2019

1,148

Eliminated on disposal

(1,148

)

At 31 March 2020

-

NET BOOK VALUE

At 31 March 2020

-

At 31 December 2018

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2018

£

£

Other debtors

4,347

2

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2018

£

£

Bank loans and overdrafts

5

-

Taxation and social security

2,646

1,499

Other creditors

235

3,514

2,886

5,013

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2018

value:

£

£

2

Ordinary

£1

2

2

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2020 and the year ended 31 December 2018:

2020

2018

£

£

Mr P M Gowling

Balance outstanding at start of period

-

-

Amounts advanced

4,345

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

4,345

-