AMS Accountancy Group Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04237574 (England and Wales)

AMS Accountancy Group Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Bromiley

SECRETARY:

AMS Nominees Limited

REGISTERED OFFICE:

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

REGISTERED NUMBER:

04237574 (England and Wales)

ACCOUNTANTS:

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Investments

2

103

103

CURRENT ASSETS

Debtors

52,780

29,785

CREDITORS

Amounts falling due within one year

(25,294

)

(16,420

)

NET CURRENT ASSETS

27,486

13,365

TOTAL ASSETS LESS CURRENT LIABILITIES

27,589

13,468

CAPITAL AND RESERVES

Called up share capital

3

71

140

Capital redemption reserve

69

-

Profit and loss account

27,449

13,328

SHAREHOLDERS' FUNDS

27,589

13,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 December 2015 and were signed by:

P J Bromiley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

and 31 March 2015

103

NET BOOK VALUE

At 31 March 2015

103

At 31 March 2014

103

The company's investments at the Balance Sheet date in the share capital of companies include the following:

AMS Accountancy Limited

Nature of business: Accountancy

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

£

Aggregate capital and reserves

69,932

207,354

Profit for the year

65,776

42,142

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

51

Ordinary A

£1

51

100

(2014 - 100 )

5

Ordinary B

£1

5

10

(2014 - 10 )

15

Ordinary C, D and E

£1

15

30

(2014 - 30 )

71

140

4.	RELATED PARTY DISCLOSURES

AMS Accountancy Limited

A subsidiary company

Management charges of £42,000 were charged to AMS Accountancy Limited for the year (2013 £84,000).

2015

2014

£

£

Amount due from related party at the balance sheet date

47,658

24,663