Company Registration No. SC389920 (Scotland)
AMPELM LTD
Unaudited accounts
for the year ended 31 December 2019
AMPELM LTD
Unaudited accounts
Contents
AMPELM LTD
Company Information
for the year ended 31 December 2019
Company Number
SC389920 (Scotland)
Registered Office
61 George Street
Perth
PH1 5LB
Scotland
Accountants
Brown and Longhorn
61 George Street
Perth
PH1 5LB
AMPELM LTD
Statement of financial position
as at
31 December 2019
Tangible assets
947
1,263
Investments
10,210
11,284
Cash at bank and in hand
2,020
4,667
Creditors: amounts falling due within one year
(1,355)
(1,406)
Net current assets
665
3,261
Called up share capital
100
100
Profit and loss account
11,722
15,708
Shareholders' funds
11,822
15,808
For the year ending 31 December 2019 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.
The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2020 and were signed on its behalf by
R Paterson
Director
Company Registration No. SC389920
AMPELM LTD
Notes to the Accounts
for the year ended 31 December 2019
AMPELM LTD is a private company, limited by shares, registered in Scotland, registration number SC389920. The registered office is 61 George Street, Perth, PH1 5LB, Scotland.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 31 December 2019
8,992
At 31 December 2019
8,045
At 31 December 2018
1,263
AMPELM LTD
Notes to the Accounts
for the year ended 31 December 2019
5
Investments
Other investments
Valuation at 1 January 2019
11,284
Fair value adjustments
(1,074)
Valuation at 31 December 2019
10,210
6
Creditors: amounts falling due within one year
2019
2018
Loans from directors
1,355
1,406
7
Average number of employees
During the year the average number of employees was 1 (2018: 1).