B'ham Ambulance & Mobility Transport Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02504092 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

FOR

BIRMINGHAM AMBULANCE & MOBILITY

TRANSPORT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

M Manning

Miss L Manning

Secretary:

Miss L Manning

Registered office:

19 Maney Corner

Sutton Coldfield

West Midlands

B72 1QL

Registered number:

02504092 (England and Wales)

Accountants:

Bamford Tiffen

19 Maney Corner

Sutton Coldfield

West Midlands

B72 1QL

FIXED ASSETS

10,071

Tangible assets

4

9,774

CURRENT ASSETS

71,320

Debtors

5

68,921

33,294

Cash at bank and in hand

24,771

104,614

93,692

CREDITORS

54,782

Amounts falling due within one year

6

28,067

49,832

NET CURRENT ASSETS

65,625

59,903

TOTAL ASSETS LESS CURRENT LIABILITIES

75,399

CREDITORS

(42,497

)

Amounts falling due after more than one year

7

(42,497

)

(1,922

)

PROVISIONS FOR LIABILITIES

(1,905

)

15,484

NET ASSETS

30,997

CAPITAL AND RESERVES

100

Called up share capital

100

15,384

Retained earnings

30,897

15,484

30,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st September 2020 and were signed on its behalf by:

M Manning - Director

1.	Statutory information

Birmingham Ambulance & Mobility Transport Ltd is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on

the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of

Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 3 (2019 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1st April 2019

66,988

Additions

2,250

At 31st March 2020

69,238

Depreciation

At 1st April 2019

56,917

Charge for year

2,547

At 31st March 2020

59,464

Net book value

At 31st March 2020

9,774

At 31st March 2019

10,071

5.

Debtors: amounts falling due within one year

2020

2019

£

£

Trade debtors

60,737

63,569

Amounts owed by associates

5,820

5,370

Prepayments

2,364

2,381

68,921

71,320

6.

Creditors: amounts falling due within one year

2020

2019

£

£

Trade creditors

8,374

8,472

Amounts owed to associates

-

25,000

Taxation and social security

17,129

18,916

Accruals

2,564

2,394

28,067

54,782

7.

Creditors: amounts falling due after more than one year

2020

2019

£

£

Directors Loan Account

42,497

42,497