Company Registration No. 04197644 (England and Wales)
Amalga Limited
Unaudited accounts
for the year ended 30 April 2020
Amalga Limited
Unaudited accounts
Contents
Amalga Limited
Company Information
for the year ended 30 April 2020
Directors
Nicholas Walker
Lucy Walker
Company Number
04197644 (England and Wales)
Registered Office
364 STOCKLEY CLOSE
WEST DRAYTON
UB7 9BL
ENGLAND
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Amalga Limited
Statement of financial position
as at 30 April 2020
Intangible assets
277,270
193,288
Tangible assets
100,343
188,417
Debtors
1,650,376
1,571,211
Cash at bank and in hand
361,053
447,508
Creditors: amounts falling due within one year
(851,906)
(1,010,691)
Net current assets
1,159,523
1,008,028
Total assets less current liabilities
1,537,137
1,389,734
Creditors: amounts falling due after more than one year
(41,143)
(111,215)
Provisions for liabilities
Deferred tax
(71,415)
(39,343)
Net assets
1,424,579
1,239,176
Called up share capital
1
1
Profit and loss account
1,424,578
1,239,175
Shareholders' funds
1,424,579
1,239,176
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 16 April 2021 and were signed on its behalf by
Nicholas Walker
Director
Company Registration No. 04197644
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2020
Amalga Limited is a private company, limited by shares, registered in England and Wales, registration number 04197644. The registered office is 364 STOCKLEY CLOSE, WEST DRAYTON, UB7 9BL, ENGLAND.
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.
The comparative figures in these financial statements are as restated, taking into account the effect of accrued income overstated at the comparative balance sheet date and reclassification of revenue costs now presented as intangible fixed assets. The net impact of these adjustments is to decrease the value of reserves at 30 April 2019 by £83,949.
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
Up to 33% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2020
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2019
15,337
302,588
317,925
Disposals
-
(118,028)
(118,028)
At 30 April 2020
15,337
189,570
204,907
At 1 May 2019
1,534
127,974
129,508
Charge for the year
1,534
26,052
27,586
On disposals
-
(52,530)
(52,530)
At 30 April 2020
3,068
101,496
104,564
At 30 April 2020
12,269
88,074
100,343
At 30 April 2019
13,803
174,614
188,417
6
Investments
Subsidiary undertakings
Valuation at 30 April 2020
1
Trade debtors
538,299
500,088
Amounts due from group undertakings etc.
982,531
844,211
Accrued income and prepayments
123,383
-
Other debtors
6,163
226,912
Total debtors less than one year
1,650,376
1,571,211
Total debtors
1,650,376
1,571,211
8
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
45,482
12,981
Trade creditors
455,144
540,721
Taxes and social security
306,722
199,214
Other creditors
44,558
257,775
Amalga Limited
Notes to the Accounts
for the year ended 30 April 2020
9
Creditors: amounts falling due after more than one year
2020
2019
10
Average number of employees
During the year the average number of employees was 60 (2019: 62).
