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REGISTERED NUMBER: 10046939 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

AML Investments (North East) Limited

AML Investments (North East) Limited (Registered number: 10046939)






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

Chartered Accountants' Report 8

AML Investments (North East) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S J Larkin
M T Larkin





REGISTERED OFFICE: Upeleya
Upleatham
REDCAR
Cleveland
TS11 8AG





REGISTERED NUMBER: 10046939 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

AML Investments (North East) Limited (Registered number: 10046939)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 273 376
Investments 5 144,408 190,569
Investment property 6 435,734 435,734
580,415 626,679

CURRENT ASSETS
Debtors 7 42 1,367
Cash at bank and in hand 6,395 13,229
6,437 14,596
CREDITORS
Amounts falling due within one year 8 3,975 4,447
NET CURRENT ASSETS 2,462 10,149
TOTAL ASSETS LESS CURRENT
LIABILITIES

582,877

636,828

CREDITORS
Amounts falling due after more than one
year

9

(54,514

)

(69,256

)

PROVISIONS FOR LIABILITIES 10 (52 ) (71 )
NET ASSETS 528,311 567,501

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 528,211 567,401
SHAREHOLDERS' FUNDS 528,311 567,501

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 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.

AML Investments (North East) Limited (Registered number: 10046939)

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 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 19 October 2023 and were signed on its behalf by:





S J Larkin - Director


AML Investments (North East) Limited (Registered number: 10046939)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

AML Investments (North East) 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 15% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Fixed asset investments
Fixed asset investments are included at fair value, with changes recognised in profit or loss.

AML Investments (North East) Limited (Registered number: 10046939)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 838
DEPRECIATION
At 1 April 2022 462
Charge for year 103
At 31 March 2023 565
NET BOOK VALUE
At 31 March 2023 273
At 31 March 2022 376

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 190,569
Disposals (9,683 )
Revaluations (36,478 )
At 31 March 2023 144,408
NET BOOK VALUE
At 31 March 2023 144,408
At 31 March 2022 190,569

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2023 144,408

AML Investments (North East) Limited (Registered number: 10046939)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 435,734
NET BOOK VALUE
At 31 March 2023 435,734
At 31 March 2022 435,734

Investment property was valued on a fair value basis on 31 March 2023 by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,325
Amounts owed by related undertakings 42 -
Directors' current accounts - 42
42 1,367

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,850 1,850
Trade creditors 145 145
Taxation and social security - 1,052
Accruals and deferred income 1,980 1,400
3,975 4,447

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 2,467 2,467
Bank loans - 2-5 years 52,047 66,789
54,514 69,256

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 52 71

AML Investments (North East) Limited (Registered number: 10046939)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 71
Accelerated capital allowances (19 )
Balance at 31 March 2023 52

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' 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
£    £   
S J Larkin
Balance outstanding at start of year 42 -
Amounts advanced - 42
Amounts repaid (42 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 42

No Interest was charged.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
AML Investments (North East) Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 AML Investments (North East) Limited for the year ended 31 March 2023 which comprise the Statement of Income and Retained Earnings, 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 Board of Directors of AML Investments (North East) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AML Investments (North East) Limited and state those matters that we have agreed to state to the Board of Directors of AML Investments (North East) Limited, as a body, 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 AML Investments (North East) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AML Investments (North East) 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 loss of AML Investments (North East) Limited. You consider that AML Investments (North East) 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 AML Investments (North East) 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.






Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT


19 October 2023