AMS 1266 Limited - Accounts to registrar - small 17.1.1

AMS 1266 Limited - Accounts to registrar - small 17.1.1


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REGISTERED NUMBER: 04613171(England and Wales)


















AMS 1266 Limited

Unaudited Financial Statements

for the Year Ended 31 December 2016






AMS 1266 Limited (Registered number: 04613171)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

AMS 1266 Limited

Company Information
for the Year Ended 31 December 2016







DIRECTOR: G P Gray





SECRETARY: Mrs A M Gray





REGISTERED OFFICE: Delta 606
Delta Business Park
Welton Road
Swindon
SN5 7XF





REGISTERED NUMBER: 04613171(England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

AMS 1266 Limited (Registered number: 04613171)

Balance Sheet
31 December 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 4 74 143

CURRENT ASSETS
Debtors 5 10 10
Cash at bank 12,501 14,354
12,511 14,364
CREDITORS
Amounts falling due within one year 6 (10,991 ) (10,365 )
NET CURRENT ASSETS 1,520 3,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,594

4,142

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 8 1,584 4,132
SHAREHOLDERS' FUNDS 1,594 4,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 16 May 2017and were signed by:





G P Gray- Director


AMS 1266 Limited (Registered number: 04613171)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

AMS 1266 Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1.

AMS 1266 Limited (Registered number: 04613171)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 256 609 865
DEPRECIATION
At 1 January 2016 255 467 722
Charge for year - 69 69
At 31 December 2016 255 536 791
NET BOOK VALUE
At 31 December 2016 1 73 74
At 31 December 2015 1 142 143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Other debtors 10 10

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Tax 9,948 9,324
Social security and other taxes 19 -
VAT 911 930
Accrued expenses 113 111
10,991 10,365

7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
9 Ordinary A £1 9 9
1 Ordinary B £1 1 1
10 10

AMS 1266 Limited (Registered number: 04613171)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

8. RESERVES
Retained
earnings
£   

At 1 January 2016 4,132
Profit for the year 39,755
Dividends (42,303 )
At 31 December 2016 1,584

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
AMS 1266 Limited

The following reproduces the text of the report prepared for the director and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of AMS 1266 Limited for the year ended 31 December 2016 which comprise the Income Statement,
Balance Sheet and the related notes from the company's accounting records and from information and explanations you
have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of AMS 1266 Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AMS 1266 Limited and state those matters that we have agreed to state to the director of AMS 1266 Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AMS 1266 Limited director for our work or for this report.

It is your duty to ensure that AMS 1266 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AMS 1266 Limited. You consider that AMS 1266 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AMS 1266 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF


16 May 2017