Air Movement Systems Ltd - Accounts to registrar (filleted) - small 18.1

Air Movement Systems Ltd - Accounts to registrar (filleted) - small 18.1

AIR MOVEMENT SYSTEMS LTD - Company Information

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REGISTERED NUMBER: 05913019 (England and Wales)















Air Movement Systems Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2018






Air Movement Systems Ltd (Registered number: 05913019)

Contents of the Financial Statements
for the year ended 31 January 2018










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Air Movement Systems Ltd

Company Information
for the year ended 31 January 2018







DIRECTORS: P D Bentley
Mrs V L Bentley
S R Day





SECRETARY: P D Bentley





REGISTERED OFFICE: Unit 11
Priory Business Park
Wistow Road
Kibworth
Leicestershire
LE8 0RX





REGISTERED NUMBER: 05913019 (England and Wales)





ACCOUNTANTS: Marlow Proactive
14 Phoenix Park
Telford Way
Coalville
Leicestershire
LE67 3HB
Page 1
Air Movement Systems Ltd (Registered number: 05913019)

Balance Sheet
31 January 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,468 11,530

CURRENT ASSETS
Stocks 11,500 13,650
Debtors 5 181,212 157,210
Cash at bank 107,109 58,175
299,821 229,035
CREDITORS
Amounts falling due within one year 6 104,707 71,073
NET CURRENT ASSETS 195,114 157,962
TOTAL ASSETS LESS CURRENT
LIABILITIES
204,582
169,492

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 204,482 169,392
204,582 169,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 notes form part of these financial statements

Page 2 continued...
Air Movement Systems Ltd (Registered number: 05913019)

Balance Sheet - continued
31 January 2018


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 Board of Directors on 3 May 2018 and were signed on its
behalf by:





P D Bentley - Director


The notes form part of these financial statements

Page 3
Air Movement Systems Ltd (Registered number: 05913019)

Notes to the Financial Statements
for the year ended 31 January 2018


1. STATUTORY INFORMATION

Air Movement Systems 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 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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling
costs in bringing stocks to their present location and condition.

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.

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.

Page 4 continued...
Air Movement Systems Ltd (Registered number: 05913019)

Notes to the Financial Statements - continued
for the year ended 31 January 2018


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017
and 31 January 2018 39,610
DEPRECIATION
At 1 February 2017 28,080
Charge for year 2,062
At 31 January 2018 30,142
NET BOOK VALUE
At 31 January 2018 9,468
At 31 January 2017 11,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 159,311 135,302
Other debtors 21,901 21,908
181,212 157,210

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 48,142 30,652
Taxation and social security 53,365 39,200
Other creditors 3,200 1,221
104,707 71,073

Page 5