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REGISTERED NUMBER: 06033120 (England and Wales)









AMTRADE INT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMTRADE INT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Dr A A Missankov





SECRETARY: Mrs S P Missankov





REGISTERED OFFICE: Dentabrite Clinic
4 Church Street
Diss
Norfolk
IP22 4DD





REGISTERED NUMBER: 06033120 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 21,287 25,198
21,287 25,198

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 139,566 91,008
Cash at bank and in hand 151,869 126,817
296,435 222,825
CREDITORS
Amounts falling due within one year 7 49,864 53,203
NET CURRENT ASSETS 246,571 169,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,858

194,820

CREDITORS
Amounts falling due after more than one
year

8

-

(1,651

)

PROVISIONS FOR LIABILITIES (2,594 ) (2,536 )
NET ASSETS 265,264 190,633

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 265,262 190,631
SHAREHOLDERS' FUNDS 265,264 190,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 October 2023 and were signed by:





Dr A A Missankov - Director


AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Amtrade Int 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the provision of dental services during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - straight line over 15 years
Improvements to property - 2% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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.


AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

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 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 222,468
AMORTISATION
At 1 April 2022
and 31 March 2023 222,468
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Short to and Computer
leasehold property fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 10,957 10,403 100,168 8,713 130,241
Additions - - 486 - 486
At 31 March 2023 10,957 10,403 100,654 8,713 130,727
DEPRECIATION
At 1 April 2022 7,305 2,206 88,846 6,686 105,043
Charge for year 730 208 2,952 507 4,397
At 31 March 2023 8,035 2,414 91,798 7,193 109,440
NET BOOK VALUE
At 31 March 2023 2,922 7,989 8,856 1,520 21,287
At 31 March 2022 3,652 8,197 11,322 2,027 25,198

AMTRADE INT LIMITED (REGISTERED NUMBER: 06033120)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,889 9,496
Amounts owed by group undertakings 67,070 41,485
Other debtors 59,607 40,027
139,566 91,008

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,081 2,857
Taxation and social security 36,647 26,141
Other creditors 8,136 24,205
49,864 53,203

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 1,651

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Dr A A Missankov
Balance outstanding at start of year 36,722 23,936
Amounts advanced 120,047 115,154
Amounts repaid (103,331 ) (102,368 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,438 36,722

11. ULTIMATE CONTROLLING PARTY

The company is controlled by Dr A A Missankov and his wife Mrs S P Missankov who own all of the issued share capital.