REGISTERED NUMBER: |
Financial Statements |
for the Period 1 August 2021 to 30 April 2022 |
for |
A.M.S. Chemicals Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Period 1 August 2021 to 30 April 2022 |
for |
A.M.S. Chemicals Limited |
A.M.S. Chemicals Limited (Registered number: 05714823) |
Contents of the Financial Statements |
for the Period 1 August 2021 to 30 April 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
A.M.S. Chemicals Limited |
Company Information |
for the Period 1 August 2021 to 30 April 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
A.M.S. Chemicals Limited (Registered number: 05714823) |
Balance Sheet |
30 April 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
A.M.S. Chemicals Limited (Registered number: 05714823) |
Notes to the Financial Statements |
for the Period 1 August 2021 to 30 April 2022 |
1. | STATUTORY INFORMATION |
A.M.S. Chemicals Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company is a wholly owned subsidiary of Sanglier Holdings Limited. The company has taken advantage of the exemption contained within Section 1A "Small Entities" of Financial Reporting Standard 102 and has therefore not disclosed transactions with entities which form part of the group, other than as normally disclosed in the notes to the financial statements. |
Turnover |
Turnover represents the value of goods and services, excluding value added tax and is recognised in the period in which the goods and services were provided. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Going concern |
The company is not considered to be a going concern as the company has ceased trading and the Directors intend to liquidate the company within the next 12 months. The Directors do not anticipate adjustments to the reported values arising from this strategic decision. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
A.M.S. Chemicals Limited (Registered number: 05714823) |
Notes to the Financial Statements - continued |
for the Period 1 August 2021 to 30 April 2022 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 August 2021 |
and 30 April 2022 |
DEPRECIATION |
At 1 August 2021 |
Charge for period |
At 30 April 2022 |
NET BOOK VALUE |
At 30 April 2022 |
At 31 July 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
Tax |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Directors' current accounts | - | 5,064 |
Accrued expenses |
A.M.S. Chemicals Limited (Registered number: 05714823) |
Notes to the Financial Statements - continued |
for the Period 1 August 2021 to 30 April 2022 |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was qualified on the following basis: |
Basis for qualified opinion |
We were not appointed as auditor of the company until after 31 July 2021 and thus did not observe the counting of physical inventories at the end of the year. We were unable to satisfy ourselves by alternative means concerning the inventory quantities held at 31 July 2021, which are included in the balance sheet at £63,245, by using other audit procedures. Consequently we were unable to determine whether any adjustment to this amount was necessary. |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. |
for and on behalf of |
8. | ULTIMATE PARENT COMPANY |
The ultimate parent company is Sanglier Holdings Limited. The registered office of Sanglier Holdings Limited is Shelley Close, Lowmoor Business Park, Kirkby in Ashfield, Nottingham, NG17 7JZ. Copies of the consolidated financial statements of Sanglier Holdings Limited can be obtained from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ. |