Company Registration No. 07242811 (England and Wales)
Ampella Maintenance Limited
Unaudited accounts
for the year ended 31 March 2018
Ampella Maintenance Limited
Unaudited accounts
Contents
Ampella Maintenance Limited
Company Information
for the year ended 31 March 2018
Directors
S J Hawkins
A Hawkins
Company Number
07242811 (England and Wales)
Registered Office
1-2 Pendarvis Court
Crossways Road
Grayshott
Hampshire
GU26 6HG
Accountants
Hampshire Accountancy Services
College Court
15 Bowen Lane
Petersfield
Hampshire
GU31 4DR
Ampella Maintenance Limited
Statement of financial position
as at
31 March 2018
Tangible assets
33,014
27,830
Cash at bank and in hand
24,313
74,038
Creditors: amounts falling due within one year
(139,337)
(184,634)
Net current assets
71,018
57,826
Total assets less current liabilities
104,032
85,656
Creditors: amounts falling due after more than one year
(15,528)
(19,997)
Provisions for liabilities
Deferred tax
(6,269)
(5,284)
Called up share capital
201
201
Profit and loss account
82,034
60,174
Shareholders' funds
82,235
60,375
For the year ending 31 March 2018 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 directors acknowledge their 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.
Approved by the Board on 25 September 2018.
A Hawkins
Director
Company Registration No. 07242811
Ampella Maintenance Limited
Notes to the Accounts
for the year ended 31 March 2018
Ampella Maintenance Limited is a private company, limited by shares, registered in England and Wales, registration number 07242811. The registered office is 1-2 Pendarvis Court, Crossways Road, Grayshott, Hampshire, GU26 6HG.
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.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: -
Improvements to Leaseholds - 10% straight line
Office Equipment - 25% on reducing balance
Motor Vehicles - 25% on reducing balance
Plant & Equipment - 25% on reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme with nest for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Ampella Maintenance Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2017
5,033
5,592
24,678
20
7,141
42,464
Additions
9,085
-
-
-
4,441
13,526
At 31 March 2018
14,118
5,592
24,678
20
11,582
55,990
At 1 April 2017
504
3,198
6,170
-
4,762
14,634
Charge for the year
1,412
599
4,626
-
1,705
8,342
At 31 March 2018
1,916
3,797
10,796
-
6,467
22,976
At 31 March 2018
12,202
1,795
13,882
20
5,115
33,014
At 31 March 2017
4,529
2,394
18,508
20
2,379
27,830
Work in progress
6,860
5,711
Trade debtors
107,601
102,447
Amounts due from group undertakings etc.
64,401
48,152
Other debtors
7,180
12,112
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
3
Obligations under finance leases and hire purchase contracts
4,469
4,469
Trade creditors
76,107
106,044
Taxes and social security
50,683
45,074
Other creditors
4,908
9,873
Loans from directors
1,903
1,985
Deferred income
1,267
17,186
8
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
15,528
19,997
Ampella Maintenance Limited
Notes to the Accounts
for the year ended 31 March 2018
9
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
101 Ordinary A Shares of £1 each
101
101
The company operates a defined contribution pension scheme with NEST, for all directors and employees, The assets of the scheme are held separately from these of the company in an independently administered fund. At the balance sheet date unpaid contribution of £285 (2017-£476) were due to the fund. They are included in other creditors.
11
Transactions with related parties
The company is now a wholly owned subsidiary of Ampella Holdings Ltd which is a private company limited by shares and incorporated in England. Its registered office is 1-2 Pendarvis Court, Crossways Road, Grayshott, Hampshire GU26 6HG.
During the year Ampella Maintenance paid rent to Ampella Holdings of £16,000 (2017:£6,535)
At the year end the company owed £1,903 to the directors repayable on demand and included in other creditors due within one year.
12
Average number of employees
During the year the average number of employees was 18 (2017: 18).