Company Registration No. SC184516 (Scotland)
Ambermount Limited
Unaudited accounts
for the year ended 28 February 2023
Ambermount Limited
Unaudited accounts
Contents
Ambermount Limited
Company Information
for the year ended 28 February 2023
Company Number
SC184516 (Scotland)
Registered Office
C/O Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Ambermount Limited
Statement of financial position
as at 28 February 2023
Intangible assets
12,703
14,115
Tangible assets
41,571
48,422
Cash at bank and in hand
98,884
116,627
Creditors: amounts falling due within one year
(100,448)
(109,690)
Net current assets
8,115
27,360
Total assets less current liabilities
62,389
89,897
Creditors: amounts falling due after more than one year
(21,863)
(31,848)
Called up share capital
200
200
Profit and loss account
40,326
57,849
Shareholders' funds
40,526
58,049
For the year ending 28 February 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 12 April 2023 and were signed on its behalf by
Derek Marshall
Director
Company Registration No. SC184516
Ambermount Limited
Notes to the Accounts
for the year ended 28 February 2023
Ambermount Limited is a private company, limited by shares, registered in Scotland, registration number SC184516. The registered office is C/O Scottish Tax Bureau, 94 Hope Street, Glasgow, G2 6PH.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets at 10% reducing balance. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Other
At 28 February 2023
152,115
At 28 February 2023
139,412
At 28 February 2023
12,703
At 28 February 2022
14,115
Ambermount Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Fixtures & fittings
At 28 February 2023
240,636
Charge for the year
10,393
At 28 February 2023
199,065
At 28 February 2023
41,571
At 28 February 2022
48,422
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
Trade creditors
30,343
28,414
Taxes and social security
67,457
70,628
Loans from directors
(8,000)
-
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 A Ordinary shares of £1 each
100
100
The company was under the control of Mr Derek Marshall throughout the current and previous year. Mr Marshall is the managing director and majority shareholder.
Ambermount Limited
Notes to the Accounts
for the year ended 28 February 2023
11
Average number of employees
During the year the average number of employees was 0 (2022: 0).