AMP Investments (Plymouth) Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 09515761 (England and Wales)

AMP Investments (Plymouth) Limited

Unaudited Financial Statements for the Year Ended 31 March 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Brady

REGISTERED OFFICE:

31 Sweet Coppin

Cranbrook

Exeter

Devon

EX5 7HB

REGISTERED NUMBER:

09515761 (England and Wales)

ACCOUNTANTS:

Haines Watts Accountants (Exeter) Limited

3 Southernhay West

Exeter

Devon

EX1 1JG

FIXED ASSETS

Investments

4

25

25

CURRENT ASSETS

Debtors

5

164,635

3,575

Cash at bank

13,970

500

178,605

4,075

CREDITORS

Amounts falling due within one year

6

(25,637

)

(500

)

NET CURRENT ASSETS

152,968

3,575

TOTAL ASSETS LESS CURRENT LIABILITIES

152,993

3,600

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

152,893

3,500

152,993

3,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 March 2023 and were signed by:

M J Brady - Director

1.	STATUTORY INFORMATION

AMP Investments (Plymouth) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about AMP Investments (Plymouth) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Other income

Dividend income has been recognised upon receipt of payment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2021

and 31 March 2022

25

NET BOOK VALUE

At 31 March 2022

25

At 31 March 2021

25

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed by group undertakings

2,075

2,075

Other debtors

162,560

1,500

164,635

3,575

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Taxation and social security

24,302

-

Other creditors

1,335

500

25,637

500

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

2022

2021

£

£

M J Brady

Balance outstanding at start of year

-

-

Amounts advanced

51,554

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,554

-

The loan has had interest charged at the official rate and is repayable on demand.

8.	RELATED PARTY DISCLOSURES

Related company loan (subsidiary)

Included in debtors within one year is a loan due from a subsidiary of £2,075 (2021 £2,075). The loan is interest free and repayable on demand.

Related company loan (under common control)

Included in debtors within one year is a loan due from a related company of £63,483 (2021 £1,500). The loan is interest free and repayable on demand.

Shareholder loan

Included in debtors within one year are loans due from shareholders of £23,221 (2021 £Nil). The loans have had interest charged at the official rate, they are repayable on demand.