Company No: 09924337 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2023		2022
		£		£
Fixed assets
Tangible assets	3	657		1,300
		657		1,300
Current assets
Debtors	4	100,083		108,989
Cash at bank and in hand		1,878		1,883
		101,961		110,872
Creditors: amounts falling due within one year	5	( 53,799)		( 56,209)
Net current assets		48,162		54,663
Total assets less current liabilities		48,819		55,963
Creditors: amounts falling due after more than one year	6	( 34,260)		( 39,815)
Net assets		14,559		16,148
Capital and reserves
Called-up share capital	7	130		130
Profit and loss account		14,429		16,018
Total shareholders' funds		14,559		16,148

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Amber Body Construction (Plymouth) Limited (registered number: 09924337) were approved and authorised for issue by the Board of Directors on 20 December 2023. They were signed on its behalf by:

Mr T L Body Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Amber Body Construction (Plymouth) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Beechwood House Unit 4, Beech Avenue, Cattedown, Plymouth, PL4 0QQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Vehicles	4 years straight line
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2023		2022
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 April 2022	3,636		5,034		8,670
At 31 March 2023	3,636		5,034		8,670
Accumulated depreciation
At 01 April 2022	3,636		3,734		7,370
Charge for the financial year	0		643		643
At 31 March 2023	3,636		4,377		8,013
Net book value
At 31 March 2023	0		657		657
At 31 March 2022	0		1,300		1,300

4. Debtors

	2023		2022
	£		£
Amounts owed by Group undertakings	99,861		108,989
Corporation tax	222		0
	100,083		108,989

5. Creditors: amounts falling due within one year

	2023		2022
	£		£
Bank loans	5,555		5,556
Trade creditors	30,545		29,678
Amounts owed to Group undertakings	4,141		4,141
Taxation and social security	13,558		14,365
Other creditors	0		2,469
	53,799		56,209

6. Creditors: amounts falling due after more than one year

	2023		2022
	£		£
Bank loans	34,260		39,815

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2023		2022
	£		£
Allotted, called-up and fully-paid
51 Ordinary A shares of £ 1.00 each	51		51
49 Ordinary B shares of £ 1.00 each	49		49
10 Ordinary C shares of £ 1.00 each	10		10
10 Ordinary D shares of £ 1.00 each	10		10
10 Ordinary E shares of £ 1.00 each	10		10
	130		130