Company Registration No. 11226295 (England and Wales)
AME-MAX LIMITED
Unaudited accounts
for the year ended 29 February 2020
AME-MAX LIMITED
Unaudited accounts
Contents
AME-MAX LIMITED
Company Information
for the year ended 29 February 2020
Director
Tinashe Andrew Muti
Company Number
11226295 (England and Wales)
Registered Office
18 STARLING WALK
PENALLTA
HENGOED
CF82 6BH
UNITED KINGDOM
Accountants
Faithcor Accounting & Financial Services Ltd
Derwent House
42-46 Waterloo road
Wolverhampton
West Midlands
WV1 4XB
AME-MAX LIMITED
Statement of financial position
as at
29 February 2020
Tangible assets
23,513
28,674
Cash at bank and in hand
1,369
1
Creditors: amounts falling due within one year
(28,434)
(30,299)
Net current liabilities
(27,065)
(30,298)
Net liabilities
(3,552)
(1,624)
Called up share capital
1
1
Profit and loss account
(3,553)
(1,625)
Shareholders' funds
(3,552)
(1,624)
For the year ending 29 February 2020 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 20 January 2021 and were signed on its behalf by
Tinashe Andrew Muti
Director
Company Registration No. 11226295
AME-MAX LIMITED
Notes to the Accounts
for the year ended 29 February 2020
AME-MAX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11226295. The registered office is 18 STARLING WALK, PENALLTA, HENGOED, CF82 6BH, 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.
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:
Other tangible fixed assets
18%
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
At 29 February 2020
34,968
Charge for the year
5,161
At 29 February 2020
11,455
At 29 February 2020
23,513
At 28 February 2019
28,674
AME-MAX LIMITED
Notes to the Accounts
for the year ended 29 February 2020
5
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
15,278
23,611
Loans from directors
13,156
6,688
6
Average number of employees
During the year the average number of employees was 1 (2019: 1).