Company Registration No. 08716634 (England and Wales)
Ametel UK Ltd
Unaudited accounts
for the year ended 31 December 2016
Ametel UK Ltd
Unaudited accounts
Contents
Ametel UK Ltd
Company Information
for the year ended 31 December 2016
Directors
Manuel Alonso Pantoja
Antonio Odilo Garcia Vazquez
Company Number
08716634 (England and Wales)
Registered Office
UNIT 4, THE COURTYARD
STAPLEFIELD ROAD
CUCKFIELD
WEST SUSSEX
RH17 5JF
United Kingdom
Accountants
Lynne Martin
Unit 4 The Courtyard
Staplefield Road
Cuckfield
West Sussex
RH17 5JF
Ametel UK Ltd
Statement of financial position
as at
31 December 2016
Tangible assets
64,201
49,702
Cash at bank and in hand
97,858
162,129
Creditors: amounts falling due within one year
(463,486)
(728,204)
Net current liabilities
(181,762)
(451,650)
Total assets less current liabilities
(117,561)
(401,948)
Creditors: amounts falling due after more than one year
(268,546)
(147,073)
Net liabilities
(386,107)
(549,021)
Called up share capital
10,000
10,000
Capital contribution reserve
3,112
-
Profit and loss account
(399,219)
(559,021)
Shareholders' funds
(386,107)
(549,021)
For the year ending 31 December 2016 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 29 September 2017.
Antonio Odilo Garcia Vazquez
Director
Company Registration No. 08716634
Ametel UK Ltd
Notes to the Accounts
for the year ended 31 December 2016
Ametel UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 08716634. The registered office and principal place of business is UNIT 4, THE COURTYARD, STAPLEFIELD ROAD, CUCKFIELD, WEST SUSSEX, RH17 5JF, United Kingdom.
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.
These financial statements for the year ended
31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
11 below.
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:
Ametel UK Ltd
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 31 December 2016
80,601
Charge for the year
5,490
At 31 December 2016
16,400
At 31 December 2016
64,201
At 31 December 2015
49,702
Trade debtors
64,368
114,425
Amounts due from group undertakings etc.
6,746
-
Accrued income and prepayments
93,032
-
7
Creditors: amounts falling due within one year
2016
2015
Trade creditors
447,087
683,121
Amounts owed to group undertakings and other participating interests
3,600
3,600
Taxes and social security
15,960
41,130
Other creditors
(3,161)
353
8
Creditors: amounts falling due after more than one year
2016
2015
Amounts owed to group undertakings and other participating interests
268,546
147,073
9
Capital contribution reserve
The capital contribution reserve includes the measurement difference calculated on intra -group loan provided below market rate of interest.
Ametel UK Ltd
Notes to the Accounts
for the year ended 31 December 2016
10
Average number of employees
During the year the average number of employees was 2 (2015: 3).
11
Reconciliations on adoption of FRS 102