REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 July 2022 |
for |
AMEDAR COMPANY LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 July 2022 |
for |
AMEDAR COMPANY LIMITED |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Contents of the Financial Statements |
for the Year Ended 31 July 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
AMEDAR COMPANY LIMITED |
Company Information |
for the Year Ended 31 July 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
143 Station Road |
Hampton |
Middlesex |
TW12 2AL |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Balance Sheet |
31 July 2022 |
31.7.22 | 31.7.21 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Balance Sheet - continued |
31 July 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Notes to the Financial Statements |
for the Year Ended 31 July 2022 |
1. | STATUTORY INFORMATION |
Amedar Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rental income from investment properties. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2022 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 August 2021 |
Additions |
At 31 July 2022 |
DEPRECIATION |
At 1 August 2021 |
Charge for year |
At 31 July 2022 |
NET BOOK VALUE |
At 31 July 2022 |
At 31 July 2021 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 August 2021 |
and 31 July 2022 |
NET BOOK VALUE |
At 31 July 2022 |
At 31 July 2021 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.22 | 31.7.21 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.22 | 31.7.21 |
£ | £ |
Trade creditors |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.7.22 | 31.7.21 |
£ | £ |
Bank loans |
AMEDAR COMPANY LIMITED (REGISTERED NUMBER: 10260808) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2022 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
31.7.22 | 31.7.21 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
The Mortgage Lender | 133,157 | 132,624 |
Shawbrook loan | 81,838 | 81,837 |
Keystone Property Finance | 98,463 | 98,463 |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.7.22 | 31.7.21 |
£ | £ |
Bank loans | 313,458 | 312,924 |
The mortgage provided by Keystone Property Finance Limited is secured against the freehold interest in the land and property known as 104 Hyde Road, Denton, Manchester MM34 3BA by way of a fixed charge and negative pledge. |
The mortgage provided by Shawbrook Bank Limited is secured against the freehold interest in the land and property known as 54 Greenleigh Court by way of a fixed charge and negative pledge. |
The mortgage provided by The Mortgage Lender Limited is secured against the freehold interest in the land and property known as Apartment 423 Transmission House, 11 Tib Street, Manchester, M4 1AF by way of a negative pledge. |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.7.22 | 31.7.21 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
11. | GOING CONCERN |
The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements. |