AMS ACOUSTICS LIMITED
|
Registered number: |
04093493
|
Abbreviated Balance Sheet |
as at 31 March 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
479,263 |
|
|
492,480 |
|
Current assets |
Debtors |
|
|
164,678 |
|
|
153,867 |
Cash at bank and in hand |
|
|
208,543 |
|
|
89,788 |
|
|
|
373,221 |
|
|
243,655 |
|
Creditors: amounts falling due within one year |
|
|
(204,418) |
|
|
(190,800) |
|
Net current assets |
|
|
|
168,803 |
|
|
52,855 |
|
Total assets less current liabilities |
|
|
|
648,066 |
|
|
545,335 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(389,180) |
|
|
(405,293) |
|
|
|
Net assets |
|
|
|
258,886 |
|
|
140,042 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
258,786 |
|
|
139,942 |
|
Shareholder's funds |
|
|
|
258,886 |
|
|
140,042 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges her 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
H Goddard |
Director |
Approved by the board on 21 September 2015
|
|
AMS ACOUSTICS LIMITED
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
10% straight line or 25% on reducing balance
|
|
Motor vehicles |
25% straight line
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
613,376 |
|
Disposals |
(10,719) |
|
At 31 March 2015 |
602,657 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
120,896 |
|
Charge for the year |
12,643 |
|
On disposals |
(10,145) |
|
At 31 March 2015 |
123,394 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
479,263 |
|
At 31 March 2014 |
492,480 |
|
|
|
|
|
|
|
|
3 |
Loans |
2015 |
|
2014 |
£ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
293,680 |
|
311,793 |
|
Secured bank loans |
389,180 |
|
405,293 |
|
|
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|