Company Registration No. 09714709 (England and Wales)
AMK ELECTRICAL LTD
Unaudited accounts
for the year ended 31 August 2023
AMK ELECTRICAL LTD
Unaudited accounts
Contents
AMK ELECTRICAL LTD
Company Information
for the year ended 31 August 2023
Director
Karim Qazi Mahmoud
Company Number
09714709 (England and Wales)
Registered Office
7 Leigh Avenue,
Ilford
IG4 5PH
Accountants
Ultimate Accounting & Tax Solutions Ltd
27 Longbridge Road
Barking
Essex
IG11 8TN
AMK ELECTRICAL LTD
Statement of financial position
as at 31 August 2023
Tangible assets
2,316
2,895
Cash at bank and in hand
2,597
238
Creditors: amounts falling due within one year
(17,896)
(19,572)
Net current assets
636
3,333
Called up share capital
100
100
Profit and loss account
2,852
6,128
Shareholders' funds
2,952
6,228
For the year ending 31 August 2023 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 director acknowledges his 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 and authorised for issue on 10 May 2024 and were signed on its behalf by
Karim Qazi Mahmoud
Director
Company Registration No. 09714709
AMK ELECTRICAL LTD
Notes to the Accounts
for the year ended 31 August 2023
AMK ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 09714709. The registered office is 7 Leigh Avenue, , Ilford, IG4 5PH.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
5,191
189
5,380
At 31 August 2023
5,191
189
5,380
At 1 September 2022
2,393
92
2,485
Charge for the year
560
19
579
At 31 August 2023
2,953
111
3,064
At 31 August 2023
2,238
78
2,316
At 31 August 2022
2,798
97
2,895
AMK ELECTRICAL LTD
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
13,523
16,261
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,896
3,572
Proposed dividends
15,000
16,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included in other debtors is the sum of £XXX due from the director. This loan is unsecured, interest free and is repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
