Micro-entity Accounts - AM&A BUSINESS SERVICES LIMITED

AM&A BUSINESS SERVICES LIMITED - Company Information

07980185 AM&A BUSINESS SERVICES LIMITED 2017-12-31 false 2017-01-01 2017-12-31 true 07980185 2017-01-01 2017-12-31 07980185 2017-12-31 07980185 2016-12-31 07980185 uk-gaap-cd-bus:Director1 2017-01-01 2017-12-31 07980185 uk-gaap-cd-bus:Director2 2017-01-01 2017-12-31 07980185 uk-gaap-cd-bus:AllEntityOfficers 2017-01-01 2017-12-31 iso4217:GBP shares

Registered Number 07980185

AM&A BUSINESS SERVICES LIMITED

Micro-entity Accounts

31 December 2017

AM&A BUSINESS SERVICES LIMITED Registered Number 07980185

Micro-entity Balance Sheet as at 31 December 2017

	Notes	2017	2016
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	1	-	16,650
Tangible assets	2	9,992	12,959
		9,992	29,609
Current assets
Debtors		40,372	19,992
Investments		7,341	-
Cash at bank and in hand		27,338	8,675
		75,051	28,667
Creditors: amounts falling due within one year		(14,942)	(1,655)
Net current assets (liabilities)		60,109	27,012
Total assets less current liabilities		70,101	56,621
Creditors: amounts falling due after more than one year		(17,538)	(52,582)
Total net assets (liabilities)		52,563	4,039
Capital and reserves
Called up share capital		50,000	100
Profit and loss account		2,563	3,939
Shareholders' funds		52,563	4,039

For the year ending 31 December 2017 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 February 2018

And signed on their behalf by:
Shahid Mahmood, Director
Sharon Haider Leghari, Director

AM&A BUSINESS SERVICES LIMITED Registered Number 07980185

Notes to the Micro-entity Accounts for the period ended 31 December 2017

1Intangible fixed assets

	£
Cost
At 1 January 2017	18,500
Additions	-
Disposals	(18,500)
Revaluations	-
Transfers	-
At 31 December 2017	0
Amortisation
At 1 January 2017	1,850
Charge for the year	-
On disposals	(1,850)
At 31 December 2017	0
Net book values
At 31 December 2017	0
At 31 December 2016	16,650

Intangible includes, patents, trademarks, copyrights. The management of the company has
developed a business module, a unique of its kind. It has been named by the management as
''Business Strategy Module'', BSM. The company has registered its patent and trademark and sells
to its relevant clients. All the related and direct cost has been capitalised.
The patent, trademark has been released and sold as an arm's length transaction.

2Tangible fixed assets

	£
Cost
At 1 January 2017	34,849
Additions	12,440
Disposals	(34,849)
Revaluations	-
Transfers	-
At 31 December 2017	12,440
Depreciation
At 1 January 2017	21,890
Charge for the year	2,448
On disposals	(21,890)
At 31 December 2017	2,448
Net book values
At 31 December 2017	9,992
At 31 December 2016	12,959

Tangible assets includes computers and office equipment. Depreciation is charged at 20% on cost. No depreciation is charged on assets disposed during the year.

3Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible assets includes computers and office equipment. Depreciation is charged at 20% on cost. No depreciation is charged on assets disposed during the year.

Other accounting policies
ISSUANCE OF NEW SHARES
The company, by virtue of a special resolution on 31-12-2017 by the shareholders, proposed and
confirmed to increase authorised and paid up share capital from £100 to £ 50,000 by issuing new
shares to both existing and continuing shareholders and directors
Directors were authorised to do so and were given full authority to increase the share capital and to issue new shares on balance sheet date. This issuance was submitted to Companies House via
confirmation of statement submitted on 02-01-2018.
Mr. Shahid Mahmood and Ms. Sharon Haider Leghari, has been allotted with ordinary shares of
24,950 to each of them, each share having GBP1.00 as nominal value. The aggregate new shares
i.e. 49,900 are fully paid on balance sheet date.
Newly issued shares are allotted against the director's loan balance of £67,438.00 which the
directors have contributed in an equal sum as investment via director loan. The director's loan
account was debited to issue new shares to both the shareholders and directors.